That depends, good for who? Good for the person or organization that created it is not the same thing as good for everyone else. It also depends on you definition of IP. There are various things that may or may not fall under the category of IP, depending on who you ask.
As for what redmenace was most likely reffering to, namely software and such, I say that one of two cases is possible. Firstly, you have the genral protocols and stuff that keep the internet functioning. Those don't belong to anyone, since they are so widely used and indispensible, as well as enabling a service that by its very nature rejects ownership or control, therefore being self-contradictory. Secondly, you have software, like the kind that is widely pirated in China and pretty much everywhere else in thr world, and my opinion on that ranges from "screw em, I'll steal it if I can" for things like Windows or Photoshop, to "it would be nice if someone paid them, but you can't really (en)force it" for products by smaller independent developers.
Though generally speaking, yes, IP rights are "good", just not here specifically.
Originally posted by aldo_14
Then how come people can steal them?
Read that sentence again and try to spot the contradiction..,