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.”
#144: 5G and the Internet of Everything
#143: Trump's FCC
#142: Fake News and the Fairness Doctrine
#141: Trump's Tech Policy
#140: Comparing EU and US Tech Policy
#139: Make America Boom Again
#138: New York's Crackdown on Airbnb
#137: Cuba's Digital Future
#136: The Age of Emulation
#135: Bug Bounties
#134: California Regs on Self-Driving Cars
#133: Russian Hacking and Surveillance
#132: Indiana E-Cig Law Struck Down
#131: Uber Battles in Montreal, London
#130: The Future of Internet Governance
#129: Surveillance on Arab-Americans
#128: Mobile Money in Africa
#127: Rules of the Driverless Road
#126: Who Watches the Watchmen?
#125: An Economics-Free Zone
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
Insight Story: Tech Trends Unpacked
Zero-Shot
Fast Forward by Tomorrow Unlocked: Tech past, tech future
The Unbelivable Truth - Series 1 - 26 including specials and pilot
Lex Fridman Podcast