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If it's about lack of decrease in market share, then the existence of the ads product is not a net positive for small businesses. It is potentially just extract
by ummonk 6y ago
If it's about lack of decrease in market share, then the existence of the ads product is not a net positive for small businesses. It is potentially just extracting a rent out of them without any aggregate benefit by pitting businesses against each other in a coordination problem.
- manigandham 6y agoIf a company creates better kitchen equipment that allows one shop to make better food, isn't that the same thing? Is it now rent-seeking that anyone who can provide an advantage can potentially sell that to all the shops so they all remain competitive and not lose market share? All competition is a coordination problem.