• RaceAhead: The Tragedy of The Digital Commons

    1 month ago - By Fortune

    The tragedy of the commons is a social science theory that attempts to predict the outcome when humans use a public, unregulated space. And yes, it is profoundly tragic.
    It sounds simple, at first. Let's say you own some cows and a pasture. Chances are you'd manage your cow business carefully. You wouldn't put too many animals on your patch of land, and you'd make sure there was enough water and food for the cows you did have. But on public lands, you might observe that lots of people just drag all their damn cows onto it because it's free to use and nobody controls it. Ultimately your...
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