Yochai Benkler: The new open-source economics

The video explores the evolution of information production from the Industrial Revolution to the present, highlighting the shift from centralized, capital-intensive models to decentralized, socially-driven production. It discusses the impact of distributed computing, open source software, and collaborative projects like Wikipedia. The emergence of new economic models, driven by social sharing and decentralized systems, presents both challenges and opportunities for traditional industries.

In what ways can human creativity and experience be considered unique inputs in production?

How does the concept of social sharing and exchange differ from traditional market-based systems?

What are the implications of decentralized authority in social production?

What challenges does social production face in relation to incumbent industrial systems?