“As is characteristic of public goods, market participants lack incentives to correct this inefficiency. Companies can profit from open source without expending any resources to improve it. Psychologists call this the bystander effect. When multiple parties have the capacity to solve a problem, each individual party feels less responsibility to take action. Although securing this public good is in every company’s self-interest, very few companies want to be the ones to take on that burden. There is little reason to think the market will correct itself without intervention.” #Technology
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