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As of January 2021, there are over 200 million repositories on Github, allowing developers to benefit from open source without starting from scratch. However, with over 200 open source licenses available, choosing the right one can be challenging. Half of these licenses are approved by the Open Source Initiative. This video introduces the most commonly used licenses such as MIT, Apache, MPL, and GPL. The most popular permissive licenses include MIT, ISC, 2-Clause, 3-Clause BSD, and Apache 2, which offer developers the freedom to use, modify, and distribute their work while allowing for proprietary derivative works.