4 ms·
Interesting, but not surprising. I believe this is pretty standard human behavior. If you are creating something of value (or perceived value), the "elite" (top
by mitchellh 16y ago
Interesting, but not surprising. I believe this is pretty standard human behavior. If you are creating something of value (or perceived value), the "elite" (top X%) will own a large chunk of this value.
This statistic can probably be spun around: I'm sure the 20K elite users have a large % of the total followers of every twitter user.
Similar, tangentially related: About 43% of the financial wealth of America is owned by the top 1% of American households[1].
[1]: http://sociology.ucsc.edu/whorulesamerica/power/wealth.html http://sociology.ucsc.edu/whorulesamerica/power/wealth.html
- mixmax 16y agoFinancial wealth is know to follow a powerlaw distribution, this is probably the same. http://en.wikipedia.org/wiki/Power_law http://en.wikipedia.org/wiki/Power_law
- lkozma 16y agoOr maybe not: http://cscs.umich.edu/~crshalizi/weblog/491.html http://cscs.umich.edu/~crshalizi/weblog/491.html