He makes the rather obvious point that the US Patents system is broken, and it will soon start to impact on business in the USA and the world. The issues Intellectual Property, including Software Patents and Copyright Protection Measures, are controversial and emotive topics. Stephen Walli still manages to discuss these matters in a dispassionate manner.
He examines the proposition that Vendors might sue customers. This remains a topic of discussions, because of vague threatening pronouncements from corporations such as Microsoft.
He also examines the notion of insurance against such circumstances. And if I might quote him:
The idea that as an enterprise (not a vendor or developer) one might want to buy insurance against such risk is interesting. One insures ones assets, not one's liabilities. I insure my life and health as it relates to earning power for the household. As my salary goes up over time, I might increase that insurance. Likewise I insure my car, but as the value of the car depreciates over time, I remove insurance from the vehicle as it relates to replacement of the devalued "old clunker." I don't insure my children.
This is a timely and well-considered essay.