Final answer:
The article discusses the impact of new technologies on the economy and concludes that while they cause disruptions, like job losses, they are considered a necessary cost for progress. It suggests the government's role should involve supporting displaced workers and encouraging innovation rather than blocking new technologies.
Step-by-step explanation:
The question at hand does not pertain to blockchain technology or technological theft, but rather it revolves around the societal and economic impacts of technological advancements, using a hypothetical scenario involving a company named Technotron. It tackles the consequences of innovation and efficiency on the market and discusses whether the government should protect existing companies from the disruptions caused by new technologies.
According to the excerpt, most people in market-oriented economies would oppose the government making it illegal for Technotron to use its new technology, which suggests they support technological progress despite the upheaval it may cause. The text advocates for government involvement, not in hindering technological advancement, but in providing support for displaced workers and investing in research and development to foster further innovation.
It concludes by drawing parallels with historical resistance to disruptive technologies, emphasizing that technological disruptions are a necessary cost for progress.