Lovely FT column by James Boyle. Sample:

Studying intellectual property and the internet has convinced me that we have another cognitive bias. Call it the openness aversion. We are likely to undervalue the importance, viability and productive power of open systems, open networks and non-proprietary production.

Test yourself on the following questions. In each case, it is 1991 and I have removed from you all knowledge of the past 15 years.

You have to design a global computer network. One group of scientists describes a system that is fundamentally open – open protocols and systems so anyone could connect to it and offer information or products to the world. Another group – scholars, businessmen, bureaucrats – points out the problems. Anyone could connect to it. They could do anything. There would be porn, piracy, viruses and spam. Terrorists could put up videos glorifying themselves. Your activist neighbour could compete with The New York Times in documenting the Iraq war. Better to have a well-managed system, in which official approval is required to put up a site; where only a few actions are permitted; where most of us are merely recipients of information; where spam, viruses, piracy (and innovation and anonymous speech) are impossible. Which would you have picked?

Set yourself the task of producing the greatest reference work the world has ever seen. It must cover everything from the best Thai food in Raleigh to the annual rice production of Thailand, the best places to see blue whales to the history of the Blue Dog Coalition. Would you create a massive organisation of paid experts with layers of editors producing tomes that are controlled by copyright and trademark? Or would you wait for hobbyists, scientists and volunteer encyclopedists to produce, and search engines to organise, a cornucopia of information? I know which way I would have bet in 1991. But I also know that the last time I consulted an encyclopedia was in 1998….