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Sunday, July 12, 2009

Open-source economics

Here's another great TED video about how business in the information age has to be approached differently than business from the industrial age. The change is based on technology, the web, and collaboration.

Yochai Benkler explains how collaborative projects like Wikipedia and Linux represent the next stage of human organization. Yochai Benkler has been called "the leading intellectual of the information age." He proposes that volunteer-based projects such as Wikipedia and Linux are the next stage of human organization and economic production.


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