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With the ‘third wave’ of Artificial Intelligence, there is a massive revival and upsurge in AI related product development. An important entity behind the AI architecture, the neural network needs to be studied carefully that adequate protection for its innovation can be secured. A key feature of a Neural Network, the Neural weights hold the inferential rules and knowledge, thus are a new way to embody knowledge and information, a new form of intellectual property to which IP laws will have to adapt. We present our discussion that sheds light on the nature of this innovation and brings to context why it is relevant to secure Intellectual Property for Neural Weights. We also rebase our arguments in the backdrop of the debates that were set off on this same topic in 1990. This paper traces the shape of this problem ever since its conception and brings to the fore the newer and expanded notions behind Neural Networks, AI and their place in the intellectual property laws.
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