A closely related industry where you can see this phenomenon most clearly is video games, especially when a new generation is released. Everyone talks about th

A closely related industry where you can see this phenomenon most clearly is video games, especially when a new generation is released. Everyone talks about the new consoles’s market shares when they are released. If market share meant installed base, however, the numbers would look like 0.001% vs 0.000101% as opposed to the 40 vs 60% market share numbers people do use.