Final answer:
Linus' Law is a concept in the development of open source software, stating that with enough people reviewing the code, flaws can be identified and fixed quickly. This law has changed the economics of high tech by reducing costs for companies and fostering collaboration and innovation.
Step-by-step explanation:
Linus' Law is a concept in the development of open source software, particularly operating systems like Linux. The law states that 'Given enough eyes, all bugs are shallow.' This means that with a large enough number of developers and users reviewing and contributing to the code, flaws and vulnerabilities in the software can be quickly identified and fixed. The more people that have the opportunity to examine and scrutinize the code, the greater the chance of uncovering and resolving any issues.
Linus' Law has had a significant impact on the economics of high tech. By having open source operating systems, companies can build on and customize these platforms without having to develop their own from scratch. This reduces costs and resources needed for software development, and allows businesses to focus on other areas of technology and innovation.
Furthermore, open source software encourages collaboration and knowledge sharing among developers and users, fostering a sense of community. This collaboration can lead to the creation of robust and reliable software that benefits a wide range of users, ultimately driving innovation and growth in the high tech industry.