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Nick explains that not all open source software is the same due to the licenses attached to them which define the rights you have. Some licenses are more restrictive while others are more permissive. He discusses the most commonly used licenses for free and open source software and the rights they grant you. The sponsor, Linode, is mentioned, offering $100 to set up your own Linux or gaming server through their easy-to-use app marketplace. Deployment is simple with just a few configuration options and a single click to deploy the server.