I have mixed feelings about Intellectual Property. I think we would be better off if we did our thinking in public. Open to the error correction of a million eyes, if what we are doing is worth their attention. Property allows investment. You can ring-fence the rewards. It also restricts the knowledge to a smaller set of people. We don't always know what connections our ideas will allow others to make. We all see the world differently. In a world with zero transaction costs, perfect transparency, and the ability to replicate anything that has been done before - the rules of reward based on ring-fences will fall away. We will have to switch the economics of scarcity for the economics of abundance. The only thing that can't be copied is human relationships. Trust. Time. Context.