In the car market, i only had three options in the united states before there were a lot of imports. And that restraint on my choice sat was hard on me, because it allowed the firm to charge more than they otherwise would offer. I think we see very similar dynamics the internat. Certain forms of what often called artificial intelligence have trans ormed so much of how we live,. and yet we've been slow to be able to harness them fully.
Author and Microsoft executive Glen Weyl talks about radical reforms of capitalism with EconTalk host Russ Roberts. Weyl is worried about the concentration of corporate power, especially in the tech sector. But rather than use the traditional tools of antitrust, he has a more radical strategy for reorganizing corporate governance entirely.