Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom

Released on by Adam Thierer
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  • Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom Book Detail

  • Author : Adam Thierer
  • Release Date : 2016-03-15
  • Publisher : Mercatus Center at George Mason University
  • Genre : Technology & Engineering
  • Pages : 236
  • ISBN 13 : 1942951248
  • File Size : 21,21 MB
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Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom by Adam Thierer PDF Summary

Book Description: Will innovators be forced to seek the blessing of public officials before they develop and deploy new devices and services, or will they be generally left free to experiment with new technologies and business models? In this book, Adam Thierer argues that if the former disposition, “the precautionary principle,” trumps the latter, “permissionless innovation,” the result will be fewer services, lower-quality goods, higher prices, diminished economic growth, and a decline in the overall standard of living. When public policy is shaped by “precautionary principle” reasoning, it poses a serious threat to technological progress, economic entrepreneurialism, and long-run prosperity. By contrast, permissionless innovation has fueled the success of the Internet and much of the modern tech economy in recent years, and it is set to power the next great industrial revolution—if we let it.

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