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This video is sponsored by Brilliant. The first 200 to use the link in the description get 20% off their annual premium subscription. Imagine the perfect cattle-grazing pasture. Blue skies, green grass, shared by everyone. Of course, it can still only support so many cows. If the farmers were smart, theyd figure out how many, and divide that among them. But thats a big if. Because the incentives are all wrong. More likely everyone would act in their own best interest, bringing more and more cows until they destroyed the land and no-one could use it. This is The Tragedy of the Commons. When resources are shared but limited, people will act selfishly and ruin it for everyone. It happens in public parks, traffic, and fishing. But sometimes, the opposite happens, and thats the story of patents. Instead of land, its ideas. And the problem is not that everything is shared, its that nothing is. Big companies claim everything they lay their eyes on, They patent the process of making dec
