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Status Games: Engineering Scarcity in a World of Abundance
Yet, one of the superpowers of connected technologies - networks - is that they will remove scarcity if at all possible. Connected networks by definition make things abundant that were once scarce.
Andy Weissman • On art and business and context and mirrors
Working in technology means one thing above all else: chasing scale. There is a reason why much of the tech world is obsessed with growth. Free from physical constraints, digital systems can scale to an incomprehensible size. The appeal of conquering the engineering, design and business challenges of mega-scale is strong, the rewards immense. But u
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One very common pitfall for naive implementations of discovery, ranking or status is to inadvertently stop newcomers from “breaking in”.Any social experience will typically have attention or display mechanisms that need to take relative status into account. A naive implementation of a “suggestions” feed or a “top users” might be to rank content bas... See more
Sriram Krishnan • Status Traps: Learning from Web2 Social Networks - a16z crypto
If we accept that scarcity drives status if correctly applied, and that humans will change their behavior and open their wallets to attain status, creating it reliably and repeatedly should be valuable.
Mario Gabriele • Scarcity as an API
James: The power law gets steeper in this case because of the transparency that the internet gives us... And that is affecting people everywhere, as they struggle to realize where they are in the power law of life. It’s not just getting clients. It’s putting out your songs on YouTube or TikTok, just for fun, and seeing all the people who are “bette... See more