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#29 - Peter Wang - Founder of Anaconda on Open Source, AI & Virtual Worlds

Win-Win with Liv Boeree

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Profit Meets Open Source: A Strategic Balancing Act

Wealth accumulation often correlates with a keen business acumen. Major players in the tech industry, while motivated by profit, may also champion values like open science. Historical investments, like IBM's billion-dollar commitment to Linux, illustrate a dual strategy: enhancing competitive positioning while fostering open-source growth. The rise of Red Hat as a successful open-source company demonstrates that leveraging open-source models can effectively counter competitors. Ultimately, open source can serve as both a defensive and offensive maneuver in the technology landscape, allowing businesses to harness shared knowledge while pursuing aggressive market strategies.

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