The software industry is a profound driver of US research and development, accounting for over $100 billion R&D—or 27 percent of all private sector R&D. With the dissemination of AI technologies, those contributions are likely to grow. A well-functioning intellectual property (IP) system provides software developers indispensable incentives to invest and apply their creative and inventive energies to innovate, while maintaining key flexibilities and safeguards to prevent abuse.

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