It’s rather older than this. Any argument about “the market is swamped by bad X in circulation and good X are much rarer in the market than you would naively ex

It’s rather older than this. Any argument about “the market is swamped by bad X in circulation and good X are much rarer in the market than you would naively expect” (software developers, online dating, used cars, debased currency…) is just a version of Gresham’s Law, which is 500 years old: https://en.m.wikipedia.org/wiki/Gresham%27s_law https://en.m.wikipedia.org/wiki/Gresham%27s_law