Name: The new open-source economics
Uploaded: 2008-04-16T01:30:00Z
Duration: 17 min 39 s
Description: Yochai Benkler explains how collaborative projects like Wikipedia and Linux represent the next stage of human organization.

Yochai Benkler explains how collaborative projects like Wikipedia and Linux represent the next stage of human organization.

The new open-source economics

A profound shift is underway as millions join forces online to create software, encyclopedias, and tools once reserved for giant corporations. Projects like SETI@home harness spare computing power from millions, rivaling traditional supercomputers. For the first time since the industrial revolution, the means to produce and share knowledge are widely distributed, giving rise to collaborative platforms that outpace traditional market players. This new era blurs the line between producers and consumers, unlocking collective creativity on a global scale.

Peer Production Is Reshaping the Foundations of the Economy

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