Because new producers enabled by Passion Economy platforms enter the market, previous non-consumers and over-served consumers in various sectors have a wider range of choices than ever before. Consumers have the ability to choose a creator-led offering that is cheaper, more convenient, and more aligned to their preferences.
The result of this are very real network effects: as engagement grows, the community gets smarter, faster to respond, more globally available, and generates more value.
What remains is one final bundle: the creation and substantiation of an idea. To use myself as an example, I have plenty of ideas, and thanks to the Internet, the ability to distribute them around the globe; however, I still need to write them down, just as an artist needs to create an image, or a musician needs to write a song. What is becoming... See more
The effect of these greenhouse gases is that the planet has gotten hotter. Since the dawn of the Industrial Age, the average global temperature has risen one degree Celsius; some areas have even experienced a rise of over two degrees. That may not sound like much, but, on a global scale, it is. And there are many far-reaching consequences.
Now anyone can publish, the gatekeepers have changed. Our new navigational mechanism is largely "on demand". The audience cherrypicks from an endless feed of stories shaped by people in their network. What shows up in that feed is governed by a set of rules because there's a vast amount of content to choose from now that everybody has the mic. We... See more