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.”
#224: Disruptive Innovation (Part 1)
#223: Law Enforcement as a Political Weapon
#222: Bring in the Nerds: Reviving the Office of Technology Assessment
#221: Swarm’s Rogue Satellites
#220: FDA, Free Speech and E-Cigarettes
#219: Women in Tech
#218: How Should Congress Address Online Sex Trafficking?
#217: What is Cybersecurity, and How Can it Affect the Winter Olympics?
#216: The Nunes Memo and FISA Explained
#215: The Net Neutrality CRA: Yay or Nay?
#214: Information Intermediaries in a Nutshell
#213: Heat Baby Heat? Harm Reduction and E-Cigarettes
#212: Department of Labor Saves Gig Economy
#211: Warrantless Spying & Parallel Construction
#210: Watching the Watchmen: Surveillance in 2017 ... and Beyond
#209: Restoring Internet Freedom? Feat. Brendan Carr, FCC Commissioner
#208: Data Danger: Keeping Information Safe Online
#207: Carving Out Privacy Rights: Carpenter v US
#206: The Future of Internet Regulation w/ FCC Chairman Ajit Pai
#205: Who Owns the Airwaves?
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