Researchers at Harvard Business School and University of Toronto used unique data to quantify the value of open source.
Takeways:
* Supply-side (cost to recreate) is ~$4.15B, but demand-side (value to firms) is $8.8T. Shows massive cost savings & productivity boost from OSS.
* If OSS didn't exist, firms would need to spend an estimated 3.5 times more on software than they currently do. OSS provides a massive, often invisible, productivity boost.
* A tiny fraction of OSS developers create the vast majority of value. Only 5% of developers are responsible for over 96% of the demand-side value
* Firms should not just "free ride" on OSS but actively contribute to the ecosystem, as this is far cheaper than recreating the software themselves.
Source:
https://www.hbs.edu/ris/Publication%20Files/24-038_51f8444f-502c-4139-8bf2-56eb4b65c58a.pdf
Newsletter: The real threat isn't AI using open knowledge — it's AI companies killing the projects that make knowledge free. The future of free and open access isn't saying “wait, not like that” — it’s saying "yes, like that, but under fair terms”.
https://www.citationneeded.news/free-and-open-access-in-the-age-of-generative-ai/
Newsletter: A major crypto scandal tarnishes the reputation of Solana bigwigs, crypto influencers, and Argentine President Javier Milei.
“This is FTX type of shit,” said a crypto founder confronting Meteora’s Ben Chow over alleged insider trading.
I've been seeing hate on NASA lately, being bought into by leftists even, and I just want to point out something very important:
Musk has hated NASA for a *long* time. There is a reason it is being attacked, and a reason public opinion is being swayed against NASA: It *keeps SpaceX in line* more than anything else.
NASA is being seen as "competition" to SpaceX, as the obstacle in his way. It has been like this for quite some time, and now, with DOGE and other things, he can do something about it.
I would like to point out a few things:
1. SPACEX IS NOT CHEAPER
They boast they can "do what NASA does for 10% the cost!" Sure, it's easy when you did none of the R&D.
SpaceX saved on:
Landing tech: DC-X project in 1991-1996
Tank structure: Shuttle SLWT tank, 1998-2011
Merlin Engines: direct descendant of the Fastrac Engine, 1997-2001.
Those three things alone saved SpaceX over 90% of the R&D costs. It's easy to "appear" cheap when you're using off the shelf tech someone else (NASA!) developed.
2. NASA IS GREAT FOR THE ECONOMY!
For every $1 spent on NASA, $8 is put into economy. Its stupid to not invest in that kind of ROI! 800%! At times, its ROI Has been 1600%!
Simply put, if you defund NASA, the economy would shrink so much you would actually have to RAISE taxes to make up for the lost revenue, and without its existence we would be 30 years behind in technology and the quality of life for everyone would be much lower. Science and research is GOOD for society, it's the fuel for all progress.
3. WHAT HAS NASA DONE FOR ME?! (Surely you just mean NASA is good for tech & science folk....)
Nope! Good for all!
Ever have an MRI or CAT Scan? They wouldn't exist without the Apollo program! The software that made them possible was originally written to analyze lunar photography.
Low power digital x-Rays was planetary body research.
Heart pumps are modeled after space shuttle turbopumps.
The software that designed your car was originally written to design spacecraft!
Who do you think pioneered all the early research into alternative power like solar panels, hydrogen fuel cells, and durable batteries? NASA!
NASA developed tech and satellites is also what improves agricultural yields while reducing the needs for water, fertilizer, and pesticides.
Do you really think Musk gives two shits? No. He wants the money, he wants to let SpaceX run amok without any oversight for safety, without any "competition".
All fights are important, but do realise that this one is a huge thorn in his side, and one that is keeping a huge problem from ballooning and swallowing us all whole.
Do not be fooled or swayed by lies, of tactics meant to divide, of things being done to make you be angry at NASA. If he can make you hate NASA, he won.
Expect far more space junk to fall, the night sky to be ruined by satellites, and the loss of all things good that proper research and design does for humanity and gives back to the world. Not to mention: enjoy seeing the horrible things he can accomplish fully unchecked.
ETA: Now that you know, call / fax / email your senators and reps, and whatever else too! Boosting gets people thinking, but thinking is not action!
I've received 5 VC offers "to chat" regarding Pixelfed in the past few days.
Not for sale.
Pixelfed belongs to the people.
I'd rather be broke and true to my beliefs, than sell out.
That's why I'm organizing a Kickstarter to fund the ethical development of Pixelfed, Loops and more.
It's time that someone stood up to them, instead of joining them.
Are you with me?
https://www.kickstarter.com/projects/pixelfed/pixelfed-foundation-2024-real-ethical-social-networks
Days after the Lahaina fires in 2023 I traveled to Hawaii to provide pro bono legal aid to fire victims navigating everything from home insurance & business contracts, recovering legal documents, immigration status & more. I supported ~50 families personally.
One constant theme: Private equity vultures offering them pennies on the dollar for their destroyed properties. I suspect the same will happen in SoCal. Vultures exploiting people's desperation. It's criminal, or at least it should be. smh