In 2017 or so, people started to assert that the FAANG companies—Facebook, Amazon, Apple, Netflix, and Google—were unstoppable juggernauts. Lately that claim has taken some hard hits, as Facebook (now Meta) and Netflix, facing stiff competition, have seen their stock prices tumble. Adam Thierer, senior research fellow at the Mercatus Center, joins the show to discuss how the Schumpeterian “gale of creative destruction” unseats dominant market players, why government antitrust cases so often look foolish in hindsight, and why we should celebrate innovation (spoiler: it leads to progress and human betterment). Adam also discusses his book Evasive Entrepreneurs and the Future of Governance: How Innovation Improves Economies and Governments.
Corbin’s piece on monkeys and double pendulums—mentioned around 20:30—is “Can Experts Structure Markets? Don’t Count on It.”
#344: TikTok and the First Amendment
#343: China and National Security
#342: Save the Children (From State Social Media Laws)
#341: The FTC Tries to Shape the Market
#340: Making Sense of the SCOTUS Internet Speech Cases
#339: Will Tech Swallow the Fourth Amendment?
#338: Gonzalez v. Google
#337: China and Domestic Surveillance
#336: Tech Illiteracy on the Right
#335: Is Screen Time Bad for Kids?
#334: Snake Oil Salvation: Malcom Kyeyune on the New Internet Counterculture
#333: The FCC in Space
#332: Facial Recognition Technology
#331: Section 230’s Long Path to SCOTUS
#330: The FTC & FCC in Court
#329: Will Rinehart’s Wild Weird Brain
#328: What’s the Deal with European Antitrust?
#327: The Collapse of Complex Societies
#326: Content Moderation Potpourri
#325: Live: Quinta Jurecic on Jan. 6, Social Media, and the Great Rage
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