3 ms·
I feel very similar to this blog post I read a few years ago, calling the Groupon era "The Locust Economy".. It wasn't good for businesses, consumers logically
by mikeyouse 11y ago
I feel very similar to this blog post I read a few years ago, calling the Groupon era "The Locust Economy".. It wasn't good for businesses, consumers logically just abused the mechanism until these companies were ruined..
http://www.ribbonfarm.com/2013/04/03/the-locust-economy/ http://www.ribbonfarm.com/2013/04/03/the-locust-economy/
Thinking about locusts and the behavior of
customers around services like Groupon, I’ve
become convinced that the phrase “sharing
economy” is mostly a case of putting lipstick on a
pig. What we have here is a locust economy.