Yes, There Are Business Models That Don't Need Intellectual Property

Time and time again, we hear the claim that without copyright and/or patents there is no way for creators to make money, or even any reason for anyone to create anything at all. This is obviously absurd on many levels, but in today's episode we look at the most immediate and practical ones: the many business models that aren't based on intellectual property, and approaches to incentivizing creativity and innovation that don't involve locking things down.