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.”
#244: Utah Wants a Warrant
#243: Will the Electric Scooter Movement Lose Its Charge?
#242: Hybrid Networks and the Future of Wireless
#241: Journalists v. Trump
#240: Techlash: What Do Americans Think?
#239: Net Neutrality: Can States Regulate the Internet?
#238: Breaking Down Encryption
#237: Prodigal Son Returns
#236: Low Hanging Fruit with Professor Daskal
#235: Hasta La Vista, Robocalls?!
#234: Judging Judge Kavanaugh
#233: The Sharing Economy is Dead... Long Live the Hustle Economy
#232: Nationalizing 5G
#231: Preview of the Internet Governance Forum USA 2018
#230: Updating the FCC's Kid Vid Rules with Commissioner O'Rielly
#229: LabMD Court Decision Ushers in a New Era for the FTC
#228: FBI Lost Count... Of Locked Phones
#227: Can Flightsharing Finally Take Off?
#226: The Fairness Doctrine: The Next Generation
#225: WHOIS going to deal with cybersecurity: GDPR Edition
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