Open Source vs. Closed Source: The Future of Tech?
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About this video
The challenge with open-source: Closed-source companies can immediately build upon it. We need a new model where research outcomes stay within a system for monetization and further funding. This video delves into this evolving tech landscape and potential innovation. #OpenSource #ClosedSource #TechInnovation #FutureofTech #SoftwareDevelopment #TechTrends #Monetization #ResearchFunding #SoftwareIndustry #Technology #NEARprotocol
Transcript
107 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:00
One of the challenges with open source is that because it's open closed source company can see the open source and build on top of it right away. Right? So open source can never be at the frontier because the closed source will always be a bit front of it even if somebody releases. So we need to reverse the model where the research happens but the outcome effectively is not is cannot be used outside of the system. So you kind
- 0:24
of capture the final outcome in such a way that you need to use the system and you can monetize that to fund the research.