annals of neoliberals not having read foundational work in the economics of platforms https://twitter.com/mattyglesias/status/1349093032952528897 …
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Sure but there's this puzzle where people are willing to pay way more than what they generate in ad dollars, so why don't people just pay directly Lots of explanations for this, but undercharging on purpose to maintain monopoly power might be one of them
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Tbh, they maintain current users because if I move, I can’t take all my Twitter buddies with me. That’s the network effect in action.
End of conversation
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Yeah - they're 'free' b/c you otherwise wouldn't reach scale required to succeed as a social platform to begin with Users want scale for the platform to be 'social' Advertisers want scale for too many reasons to list, some more obvious than others CIA wants scale because [ ]
Thanks. Twitter will use this to make your timeline better. UndoUndo
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