Podcast: Capitalisn't (LS 50 · TOP 0.5% what is this?)
Episode: Does Software Actually Slow Innovation?
Pub date: 2022-08-18

Notes from Demos Helsinki Podcast:

Why have labour and productivity growth slowed? The guest argues the problem isn't fewer productive startups, or M&A activity (which has actually slowed), but big corporations dominating by mastering ‘proprietary’ software – the intersection of technology and data – which has had major negative societal consequences.

Why have labor and productivity growth slowed?

Software entrepreneur-turned-academic researcher, James Bessen, argues the problem isn't fewer productive startups, or M&A activity (which has actually slowed), but big corporations dominating by mastering "proprietary" software — the intersection of technology and data — which has had major negative societal consequences. He walks Luigi and Bethany through examples such as IBM, Amazon Web Services, Volkswagen, and more to discuss what's wrong with our current patent system and makes a case for opening up technology, data, and knowledge in order to restore competition.

Bessen is the Executive Director of the Technology & Policy Research Initiative at Boston University and his book, "The New Goliaths: How Corporations Use Software to Dominate Industries, Kill Innovation, and Undermine Regulation", is out now.

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