3min chapter

The Joe Walker Podcast cover image

Inside Humanity's Infinite Improbability Drive - Matt Ridley

The Joe Walker Podcast

CHAPTER

The Monopoly of Innovation

Kodak invented digital photography before anyone else, but rejected it as "never going to be good enough" Nokia was an incredibly innovative company that became the dominant mobile phone company in the world. Do we really think that if you could wave a magic wand and prevent Rockefeller Carnegie, Bezos, and Jobs from lobbying government? I don't think so. What's wrong is their power to appeal to the really big, really annoying monopoly, which is the government.

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