> The immense success of “free” and open source software (FOSS)—which generates more than $500 billion in annual value in the U.S. alone3 and an estimated $8.8 trillion in total global value

Exploiting other people's work is big business.

I wonder if there's any incentive to regulate this shared "commons"?

> This is the tragedy of the commons in its purest form: billions in corporate value extracted, while the person providing the value is left to burn out.

Nope, guess not. https://en.wikipedia.org/wiki/Tragedy_of_the_commons

So, a good chunk of the global economy is based on exploiting the commons?

This seems like a perfect system, with no obvious faults.