Final answer:
In a fast-moving high-technology industry like biotechnology or semiconductor design, patents may be almost irrelevant because technology is advancing quickly.
Step-by-step explanation:
In a fast-moving high-technology industry like biotechnology or semiconductor design, patents may be almost irrelevant because technology is advancing so quickly. Patents are legal protections for inventions or discoveries and are typically used to prevent others from copying or profiting from a company's innovation. However, in industries where rapid advancements and frequent innovations occur, such as technology or software development, patents may have limited value as new discoveries quickly render previous patents obsolete.