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Ep467 - Don Tapscott | Wikinomics: How Mass Collaboration Changes Everything

Talks at Google

NOTE

Embrace Change for Success

The landscape of business and production is evolving due to radical transparency and open-source models. Initially, concerns arose that these innovations could undermine traditional profit-making and capitalism, citing examples like Linux affecting Microsoft and Wikipedia's impact on Britannica. However, research indicates that adapting to these new modes of production can be advantageous. Companies willing to embrace change, as exemplified by IBM's strategic support for Linux, can thrive in this transforming environment, transforming potential threats into profitable opportunities.

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