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Session
Open Source: Economic Nonsense
Kent Beck, Founder & Director, Three Rivers Institute

Track: Emerging Topics
Date: Friday, July 30
Time: 11:35am - 12:20pm
Location: Salon F
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One purpose of markets is allocating scarce resources where they are most likely to be used productively. Open source ignores this reality. Value is created without any chance of a commensurate return. Those motivated by geek glory are willing to give up the chance of return for freedom from external authority, but those of us with kids in college find the paradox most unsettling. I will speak to why open source doesn't make economic sense and what can be done about it.

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