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.”
#284: The Revolt of the Public
#283: Privacy and Surveillance in China
#282: Tech and the Biden Administration
#281: Should companies be allowed to acquire their start-up competitors?
#280: Section 230, Antitrust, and Consumer Protection
#279: Revising Section 230 Will Silence Marginalized Voices
#278: Privacy by Design
#277: Can the DOJ Break up Google?
#276: Nationalizing 5G?!
#275: The Future of Innovation
#274: Can Platforms Stop the Spread of Misinformation?
#273: [The] Breakup Speech: Antitrust and Free Speech
#272: Transparency, Tech, and Surveillance with WashingTech
#271: Pay Black Women, Pinterest
#270: Cryptocurrency and Florida’s Tech Policy
#269: Telehealth in the Age of COVID-19 – What’s Next?
#268: 5G Innovation w/ Samsung
#267: 5G and the Spectrum Wars
#266: The Economics of Tech Policy w/ TPI
#265: Preventing Algorithmic Discrimination
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