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Should IP enter the public domain?
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Copyright's purpose is to improve the public domain. If it doesn't do that, then its harmful and should be reduced or abolished.
To keep copyrighted content relevant at the point it enters the public domain, copyright should be shortened to 20 years for creative works (films, music, paintings, Spongebob).
Consider the current public domain, which contains things like fairy tales. People remix and retell fairy tales all the time, and it makes for good stories.