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> When the production of a product is close to zero AND the utility to the consumer is also zero, there is no way for anyone in this network to make money anymo
by toast0 1y ago
> When the production of a product is close to zero AND the utility to the consumer is also zero, there is no way for anyone in this network to make money anymore, because the new entrants will be so overloaded with choices (millions of different courses to choose from) that they may never enter the network at all.
Just because it doesn't work, doesn't mean we won't see it everywhere because the cost is still zero.
It's like catalytic converter thefts... Most places cracked down on sales of stolen converters, so there's no money in it anymore, but people still steal them cause they heard you could make money.
- lelanthran 1y ago> Just because it doesn't work, doesn't mean we won't see it everywhere because the cost is still zero. I meant the opposite when I said "collapse" - because we will be inundated with it (i.e. it will be everywhere), new entrants will be inured to it and simply not enter. In the past, these networks had a health influx of new blood on a regular basis. It's hard to maintain this pipeline if every member is producing a 1000 books a week.