29/ Every tech stops being organized by econ, starts being organized by social norms at its transaction resolution limit, set by tx costs
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Replying to @vgr
30/ So sociologically, the last mile/block/inch is where the market stops and priceless values etc. start to kick in.
3 replies 3 retweets 13 likes -
Replying to @vgr
31/ When large scale disruption happens due to a major tech like s/w, social-norms space gets systematically pushed back by market space.
1 reply 1 retweet 8 likes -
Replying to @vgr
32/ Physics: this is tendency towards "plenty of room at the bottom" (Feynman). As market occupies that room, sociology yields to economics
2 replies 0 retweets 6 likes -
Replying to @vgr
33/ Transient is ugly because you're shifting regimes, converting social capital into financial capital, hurting social-capital-rich types
1 reply 0 retweets 6 likes -
Replying to @vgr
34/ But if you think this is almost over, think again. It's just beginning. The next place to get gentrified? Inches away from your nose.
1 reply 5 retweets 10 likes -
Replying to @vgr
35/ You know how they say, "your freedom of action ends where my nose begins"... about to get pretty literal.
2 replies 2 retweets 7 likes -
Replying to @vgr
36/ Overall though, you never *were* that free too far from your face. You're just substituting market for tyranny of neighbors' norms for
1 reply 1 retweet 5 likes -
Replying to @vgr
37/ I might turn this into breakingsmart newsletter issue.... Someone (
@ramez@warrenellis ?) write a book called "The Last Inch" pls5 replies 1 retweet 19 likes -
Replying to @vgr
my only wish now is better bookmark tool for tweet storm. Screenshot is the best way now but hard to index
1 reply 0 retweets 0 likes
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