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If abundance is the cause, commoditization is the effect.

Facebook and even Mark Zuckerberg himself have the power to ban specific users and groups on Facebook. 2.85 billion users are at the whim of a single individual or company.

And that’s still underestimating the size of the market opportunity. The radio advertising market is held back because it’s difficult to measure ROAS, and impossible to personalise ads. By using their vast quantity of listener streaming data, Spotify could target ads more effectively, and even add direct clickthroughs for those listening on the... See more

Managerial productivity-that is, the output of a manager per unit of time worked-can be increased in three to ways: 1. Increasing the rate with which a manager performs his activities, speeding up his work. 2. Increasing the leverage associated with the various managerial activities. 3. Shifting the mix of a manager's activities from those with... See more

c) Through new partnerships between universities and startups.