Confluent Developer ft. Tim Berglund, Adi Polak & Viktor Gamov cover image

Knative 101: Kubernetes and Serverless Explained with Jacques Chester

Confluent Developer ft. Tim Berglund, Adi Polak & Viktor Gamov

00:00

The Coasean Theory of the Firm

In the Coasean theory, there are companies because accessing the market costs something. The firms exist because they're these little communities of like-minded people with a common purpose who don't use market mechanisms. In a gigantic company, guess what? It is actually better to treat it like a marketplace. Yeah, you wind up with a kind of a fractal problem,. and the size of firms has a strong relationship between the other shifting balance of market coordination and command coordination.

Play episode from 19:36
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app