"A lot of the time, what look like rich new resource streams are actually quietly eating the social capital that made them possible."
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Replying to @DoTheWeirdStuff
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@DoTheWeirdStuff I wonder what mechanism(s) cause this tendency. High switching costs for investors? Difficulty discerning fraudulent work?1 reply 0 retweets 1 like -
Replying to @nouswaves
@DoTheWeirdStuff Creeping illegibility? Rank systems on quantity of work outputted? Bears at a picnic?1 reply 0 retweets 0 likes -
Replying to @nouswaves
@DoTheWeirdStuff Agents afforded excessive agency by the negotiating power of their organisation? I can only really throw out conjecture.2 replies 0 retweets 0 likes
Replying to @nouswaves
@sebinsua @DoTheWeirdStuff "All of the above" sounds likely - hard to tell where new resource streams are getting their value.
7:10 AM - 23 Apr 2014
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