What Is Permissionless Innovation?

From Medium:

"In his book Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom, Adam Thierer explains that we stand poised to enjoy even bigger advancements in technology, but only if we preserve a hands-off, “permissionless” approach to innovation that has been applied to information technology in recent decades. In Thierer’s view, we are at the dawn of a new Industrial Revolution, one that has the potential to dramatically improve well-being.

The concept of permissionless innovation holds that “experimentation with new technologies and business models should generally be permitted by default.” It is contrary to the precautionary principle, which maintains that “new innovations should be curtailed or disallowed until their developers can prove that they will not cause any harms.” Permissionless Innovation expresses the belief that policymakers and the public should not only embrace permissionless innovation, but defend it unapologetically as it applies to existing as well as entirely new technologies. This approach is necessary to discourage further encroachment of the precautionary view, which Thierer believes is harmful."