3 ms·
I admit it's a slight stretch, but I do think there's something gaslighting about it. The reader is expected to think they're reading a valid argument put toget
by Liron 4y ago
I admit it's a slight stretch, but I do think there's something gaslighting about it. The reader is expected to think they're reading a valid argument put together by a top research analyst whom they can trust to follow basic standards of competence, and not notice their own inner voice objecting that the numbers on the slide are logical non-sequiturs that wouldn't even be acceptable in the context of a high school class presentation.
I don't get what context could possibly make OpenSea's take rate vs YouTube's take rate make logical sense. If a realtor charges a 3% commission to help sell your house, are they less extortionist than Meta? If Robinhood charges 0% commission on trades, are they less extortionist than OpenSea?
I would say it's gaslighting to the extent that "the emperor has no clothes" is an instance of gaslighting.
- vmception 4y agoYour primary point is about the metrics for free services. They obviously cant be compared 1:1 to services that charge any commission. We agree about that. There are many people that feel like their data should be valuable, so that sentiment allows for us to relate to Meta and Robinhood’s “take-rate” being 100%, because they arent giving us a cut of the data. That slidedeck was merely hopping on that sentiment.