Big Government and Big Capital, meet Big Peer Network.
Like many of the bedrock technologies that have come to define the digital age, the Internet was created by — and continues to be shaped by — decentralized groups of scientists and programmers and hobbyists (and more than a few entrepreneurs) freely sharing the fruits of their intellectual labor with the entire world. Yes, government financing supported much of the early research, and private corporations enhanced and commercialized the platforms. But the institutions responsible for the technology itself were neither governments nor private start-ups. They were much closer to the loose, collaborative organizations of academic research. They were networks of peers.
Peer networks break from the conventions of states and corporations in several crucial respects. They lack the traditional economic incentives of the private sector: almost all of the key technology standards are not owned by any one individual or organization, and a vast majority of contributors to open-source projects do not receive direct compensation for their work. (The Harvard legal scholar Yochai Benkler has called this phenomenon “commons-based peer production.”) And yet because peer networks are decentralized, they don’t suffer from the sclerosis of government bureaucracies. Peer networks are great innovators, not because they’re driven by the promise of commercial reward but rather because their open architecture allows others to build more easily on top of existing ideas, just as Berners-Lee built the Web on top of the Internet, and a host of subsequent contributors improved on Berners-Lee’s vision of the Web.