The Clothesline Paradox and the Sharing Economy

This was my keynote yesterday at #oscon , the O'Reilly Open Source Convention.  I talk about what's wrong with our economy - the ecosystem failure that occurs when companies think it's OK to take more value out than they create - and contrast that with sharing economies like open source software.  I use the analogy of "the Clothesline Paradox" - Steve Baer's wonderful account of how solar energy is left out of our energy accounting, treated as if it were a tiny slice when in fact it is the root of all - to explore how creative economies create value that they don't capture.

I talk about my conversation with Hari Ravichandran of hosting company Endurance International Group, which led to a partnership to study Bluehost customer data to examine the impact of open source software and web hosting on small business (http://oreillynet.com/oreilly/opensource/radarreports/economic-impact-of-open-source.csp?cmp=fb-code-ebooks-open-source-oscon-smb) as an example of how value created but not captured by innovators shows up elsewhere in the economy.

I also talk about evidence of economic acceleration coming out of other sharing economies.

(P.S. If you just want to look at the slides, a PDF with notes is here: http://www.slideshare.net/timoreilly/the-clothesline-paradox-and-the-sharing-economy-pdf-with-notes-13685423 )

Let me know what you think.
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