Apple Watch edition a very odd product. If it succeeds, we'll need a new economic term. I propose "Veblen-Moore good"?http://en.wikipedia.org/wiki/Veblen_good …
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Replying to @vgr1 reply 0 retweets 1 like
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Replying to @PhilWaymouth
@PhilWaymouth@vgr@pmarca there was IAmRich app that cost $1000 and did *nothing*. pulled quickly but sold some copies...1 reply 0 retweets 0 likes
Replying to @piramida
@piramida @PhilWaymouth @pmarca Compare mfg process with making a do-nothing app. There's at least cost-side diff http://atomicdelights.com/blog/a-glimpse-at-how-the-apple-watch-is-made …
2:30 PM - 14 Mar 2015
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