Technically, that term is associated more with congestion i.e. More usage by the network leads to Lower value. Follows similar graph though if abandonment is an option.
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Ah dammit
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What is general purpose vehicles? Google only returns military hardware that makes no sense in context.
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When something new is so good there is no coming back. Over here film cameras lagged well into 2003-2004, mostly due to digital being relatively expensive. Printing photos into paper albums, on the other hand, still refuses to die a decade later, fighting with tooth and nail.
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I visualize it a little like the waves created at the back of a fast-moving boat (the boat in this case = digital cameras, then phones)
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Interesting thing is how it feels like things get abandoned alarmingly fast when it's actually just a sort of natural decay from disuse. I think we have these illusions of stability that cloud how "loose" most "product use patterns" are (candles to lights must've been mad)
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But what’s the “network” here? This is just rapid obsolescence.
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I don't really see the "network" in the camera example. Maybe a bit of a meta example: industrialization and the unraveling and disconnecting of certain social structures. Disconnecting "tribes" etc. .
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Adding headcount is another example of negative network effects.
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