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The internet has definitely killed the profitability of distributing facts, if it ever existed. The rest of the tweets about "signaling goods" are the type of
by s17n 9y ago
The internet has definitely killed the profitability of distributing facts, if it ever existed. The rest of the tweets about "signaling goods" are the type of hogwash you end up with when you confuse Ted talks with actual intellectual activity.
- alexandercrohde 9y agoOversimplified. Largely, the internet has reduced the profitability of distributing facts because it gives them all away for free (how much can you learn online that you used to have to pay for? encyclopedia, years of video, stanford courses, books, scihub) The problem isn't an absence of facts. It's whether the layperson is both capable and motivated to seek out correct facts vs incorrect facts or unfalsifiable narratives.