Now a bit of pessimism: we are contending with the fact that all of our most innovative memes and ideas will be harvested and processed into marketable commodities, sooner or later. The hedonic treadmill is not stopping
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While material markets have other things that factor in to immunize against this cycle to a smaller or greater degree, cultural markets, merchants of abstract wares, do not. In the digital age every abstract market is a fashion market
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Low-level aesthetic expressions such as visual aesthetics in design are already a clear testimony to this phenomenon. Those aesthetics have changed from organically evolving canons spanning decades to visual novelties that last a year before market-gentrification
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Ok that legit is a thing I think Thiel wouldn't be considering as the cause of innovation stagnation.
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I think, assuming near-infinite speed, every abstraction market is bound to cannibalize itself
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Čini se da učitavanje traje već neko vrijeme.
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