Public Goods are those where use by one does not inhibit use by others, but if this leads to free riding the Goods will degrade and eventually collapse. Access to drinking water, sewage removal, stormwater drainage, and transportation are used as public goods, but may not be funded that way. This leads to a “Market for Lemons”, in which buyers over predict the presence of lemons in a market, and the market collapses.

I appear from time to time on panels (webinars) addressing what various experts believe to be essential in defining the Future of PLM. Hosted by Michael Finocchiaro

A team of experts discusses whether a Digital Thread could have saved two Boeing 737 Max aircraft from crashing, killing all on-board, due to a combination of errors in which automation did not allow pilots to control the aircraft.