Being free has unexpected advantages. Wikipedia has evolves from being a no-cost alternative into being a superior resource in its own right. Over the years, it has become deeper, broader, and more up-to-date than its traditional rivals. Because of its mission to stay free, it encourages participation-volunteers choose to donate their time and effo... See more

Rory Sutherland on why group decision making is often worse than personal judgement https://t.co/Gj6CRLLF40

When we hear “lowering the cost of ownership of knowledge” most people immediately assume we’re talking about copyright. But as Stratechery writer Ben Thompson and ethereum founder Vitalik Buterin have both rightly pointed out, the scarce resource online isn’t copyrightable content itself - it’s people and their ability to bestow legitimacy on the ... See more