The Internet is facilitating a lot of unbundling where the rationale for X being expensive is that it comes with embedded Y which is valuable but difficult to charge for directly. Bundlers typically are not thrilled about the unbundling, and often argue about undersupply of Y.
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Consumers
bundling when they don’t value the flexibility/choice provided by unbundling. Also, unbundled can mean a high-friction process where no component provider understands the whole arc.https://link.medium.com/nLWyciMV5V -
Not to disagree with the fact that bundlers are biased participants in the market. Some caught off guard, others holding a losing line.
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Also some interesting examples of unbundling of regulation and union influence (which is a bit broader than taxis and the universal service mandate). Taxis and taxis medallions; airbnb and hotel regulations.
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I also find the universal service mandate a bit sad/ironic (for taxis and for Internet access) in that there are so many things that are less expensive for rural living (particularly housing).
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I generally think this is a bad thing for humans. We gain efficiency but don't realize what we've lost in experience. Do you have any thoughts on that or know any good books to read on the topic?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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