In 1977 Ken Olsen famously quipped ”There is no reason anyone would want a computer in their home.” It’s funny now, but it wasn’t so long ago that computers, cellphones, and tablets only existed in science fiction.
Do greedy politics threaten to stifle innovation and growth in the information technology sector? Heartland’s Jim Lakely and Adam Thierer, senior research fellow at the The Mercatus Center at George Mason University, worry about the young industry’s future in light of burdensome government regulation.
Armed with his new working paper, ‘A History of Cronyism and Capture in the Information Technology Sector,’ Adam is the right person to talk to. He reminds us how government capture forces companies to waste time and money begging Washington for favors instead of innovating, like what happened in the broadcast and spectrum industry.
So how could government damage America’s info-tech sector, the most innovative industry on the planet? What are companies and individuals doing to fight back?
Get in on this interesting conversation about the “wild west” of info-tech in the player above.[Subscribe to the Heartland Daily Podcast free at this link.]