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Systems with positive feedback loops tend towards power law distributions. If some success can help increase the likelihood of later success, then for participa
by imgabe 6y ago
Systems with positive feedback loops tend towards power law distributions. If some success can help increase the likelihood of later success, then for participants they'll reach a level where there's a snowball effect that runs away to enormous returns. Most won't get enough to get the snowball growing.
If you're a musician and you have enough fans, they'll start creating more fans as they tell people about it, large numbers of people will be going to your shows and other people will hear about you, you get on the radio, you get listed as "trending" on Spotify, etc. There's also nothing to slow it down, since once you record a song once, people can listen to it effectively infinitely more times without you having to do anything else.