Today it's not just one industry - Western IP laws are slowing progress across multiple tech frontiers. While companies navigate complex IP restrictions (In EU and US), China's development is following a sharp exponential curve. You can already see it clearly in robotics, electric vehicles, and now these last weeks with AI.
While in the west you deal with predatory licensing (try talking with Siemens, Oracle, or Autodesk), and everyone keeps working on barriers and moats; other nations that allow a more collaborative approach (voluntary or not) are on an accelerating trajectory.
IP law is clearly no longer suitable for purpose - we need a system that encourages collaboration more directly. A complete free for all isn't ideal either - and I certainly don't advocate that- but even that appears to be better than what we have now.