This might hold up for theoretical intellectual work without any economical value, but if you are researching anything that can be applied to the industry, you will instead have 1 year of market ownership and first-mover advantage.

I think it says more about what the value of math as intellectual work is, than about intellectual work in general.

Like if an Egyptian historian would come and say "let's wait one year until the methods are good enough to decrypt this language", no one would be bothered or surprised.