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.”
#304: Gen Z and Social Media
#303: Antitrust and Innovation
#302: Epic v. Apple
#301: The Realignment
#300: The New Editors
#299: Can Apple Protect Children While Respecting Privacy?
#298: Blood Trial: Elizabeth Holmes Goes to Court
#297: The Latest on Section 230
#296: The Antitrust Crusade Against Big Tech
#295: Can Social Media Be Regulated Like Common Carriage?
#294: Border Searches of Digital Devices
#293: The Supply of Renée DiResta Should Be Infinite
#292: Is Miami the Next Great Tech Hub?
#291: The Facebook Oversight Board
#290: The Net Neutrality Feud Heads West
#289: The History, Use, and Abuse of the Fairness Doctrine
#288: The State of Data Privacy Law
#287: No, Florida Can’t Regulate Online Speech
#286: How Algorithms Can Fight Extremism
#285: Data Rights for Criminal Defendants
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