Akimbo: A Podcast from Seth Godin Interoperability
Mar 13, 2019
Topics discussed include the invention of the telephone, barriers to entry and limiting competition, book recommendations for an aspiring aerospace engineer, marketing and connecting with potential clients, and the influence of capitalism on politics and the need for separation.
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The Lost Inventor Of The Telephone
- Antonio Meucci invented the telephone but lacked funds and paperwork to secure lasting credit for it.
- Alexander Graham Bell ended up with the fame and profits after Meucci gave up.
Interoperability Made The Telephone Useful
- The Bell System created nationwide interoperability that let anyone call anyone else across networks.
- Interoperability enabled the telephone's utility far more than a single inventor's patent did.
How Rockefeller Bought Distribution
- Rockefeller grouped competitors and struck railroad rebates to crush rivals and force them into his trust.
- He used distribution control and predatory pricing to block independent innovators from market access.