Consumer goods scale through advertising and advertising is a monopolistic business where the monopolists’ growth is increasingly due to price discrimination. You want to be the complement to a commodity not the commodity that’s AdWords’/FB’s complement.https://twitter.com/micahjay1/status/1130527868503465984 …
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Replying to @ByrneHobart
wait a sec tweet started talking about MONOPOLY then switched to COMMODITY are you asserting monopoly == commodity? I don't think so. ...so I'm a bit lost at the transition. Halp plz
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Replying to @MorlockP
The consumer product is the commodity, Google/FB/Amazon have a monopoly on the attention products need.
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Replying to @ByrneHobart @MorlockP
In logistics: planes, warehouses, and trucks are commodities. Trains more monopolistic, but that I’m not 100% sure about.
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Replying to @ByrneHobart
so your original tweet says * people are selling widgets, and that's a commodity game, so the win is to be the tech monopoly that provides consumers (via marketing) * trucks & warehouses are commodity, so win is to be tech monopoly that ... what? provides customers for T & W ?
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Replying to @MorlockP
It’s unclear what form the monopoly would take, but what you often see in supply chains is alternative layers of monopoly and commodity. So if you see a commodity with no monopoly layer on top, code one up.
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Replying to @ByrneHobart
huh tangentially: I quite like your essays and Matt Levine's essays, and want to work one or two of these interesting takes into novels 3 & 4. I've been jotting notes over the last 6 months or so, but haven't found the one or two that I'm in love w yet. If you've got >
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some micro phenomena or story or something that you think is particularly interesting / clever, please feel free to recommend it to me
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