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In The Economics of Superstars, Sherwin Rosen calls these “joint consumption technologies” — tools that enable a single seller to reach an unlimited number of customers at a very low (marginal) cost. These technologies introduced new benefits for consumers and new economies of scale for performers. The price of entertainment dropped since it was no... See more

- They keep intermediaries reasonably happy.

Instead of guessing how the buyer will perceive the latest product, it is necessary to research the conjuncture, consumer sentiment and thoroughly prepare for the exit.

I believe a primary reason many people do not maximize their economic potential is a financial inability to move to economic hubs and take advantage of higher-earning opportunities in a city’s labor market. The average American has very little in the way of savings, and often can’t afford a $3k+ move coupled with 30-60 days of job hunting... See more

Thus most vendors and plans have not made pediatric telemedicine a priority because they perceive utilization to be low.

To recap, the four ideas discussed above are:1. Send a message API / button- Enabling devs to promote person-to-person messaging in their apps2. Content Platform in Messenger- Turning stickers into an open market- Adding memes and videos to the market- Building a simple in-message games platform3. App-to-person messages and agents- Enabling apps... See more

Copyright law was originally brought in to help artists make a living. But over the past century, corporations like Disney, Sony, Universal, and Microsoft, have lobbied hard to twist those laws out of shape. Now, the vast power imbalance between rich corporations and poor artists (particularly when negotiating) allows the corporations to stripmine

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