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there's also this old ribbonfarm post on "the locust economy", describing that sort of consumer behaviour: https://www.ribbonfarm.com/2013/04/03/the-locust-econ
by zem 4y ago
there's also this old ribbonfarm post on "the locust economy", describing that sort of consumer behaviour: https://www.ribbonfarm.com/2013/04/03/the-locust-economy/ https://www.ribbonfarm.com/2013/04/03/the-locust-economy/
- chubot 4y agoGreat analogy! I hadn't seen that. I can definitely see that in Groupon (which seems much less popular now?) Although I would also consider the other side of the "sharing economy" -- IMO sharing like Zipcar makes a lot of economic sense, and I don't have a lot of sympathy for incumbents there (although I guess Zipcar got bought). Likewise with the taxi and hotel industries -- the incumbents deserve some competition / disruption. But yeah consumers are certainly fickle