4 ms·
Or perhaps customers / users? Just like Wikipedia put classic encyclopedias out of business, but wasn't really a financially win for anyone.
by eru 2mo ago
Or perhaps customers / users?
Just like Wikipedia put classic encyclopedias out of business, but wasn't really a financially win for anyone.
- stbede 2mo agoI won financially. Encyclopedia sets were expensive.
- eru 2mo agoYour savings are real, but they don't show up in GDP or a profit-and-loss statement of any company.
- KSteffensen 2mo agoThe cost of buying the encyclopedia becomes disposable income to be used on other consumer goods. In that sense in shows up in lots of other companies profit-and-loss statements.
- eru 2mo agoMaybe, but that's very diffuse and hard to attribute to Wikipedia. And it would show up in real GDP, not necessarily in nominal GDP.