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webdevMason's profile
Mason 🏃‍♂️✂️
Mason 🏃‍♂️✂️
Mason  🏃‍♂️ ✂️
@webdevMason

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Mason  🏃‍♂️ ✂️

@webdevMason

patreon.com/masonhartman
Joined July 2015

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    1. Mason  🏃‍♂️ ✂️‏ @webdevMason Jan 26
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      Mason  🏃‍♂️ ✂️ Retweeted Robert Reich

      I, for one, have Serious Concerns about the monopoly JK Rowling has over the ideas in her own headhttps://twitter.com/RBReich/status/1220481483002937344 …

      Mason  🏃‍♂️ ✂️ added,

      Robert ReichVerified account @RBReich
      .@AOC is right. There are 5 ways to accumulate a billion dollars in America: 1) Profiting from a monopoly 2) Insider-trading 3) Political payoffs 4) Fraud 5) Inheritance None of these are earned or have anything to do with being successful in the supposed free market. https://twitter.com/Kanew/status/1219406717726994432 …
      106 replies 264 retweets 3,104 likes
      Show this thread
    2. vitalik.eth‏Verified account @VitalikButerin Jan 26
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      Replying to @webdevMason @paulg

      You actually can make an argument that top-end mass media producers (music, film...) are rent-extractors because they create a social equilibrium where everyone goes to see the thing that everyone else sees so they can talk to each other about it...

      3 replies 12 retweets 127 likes
    3. vitalik.eth‏Verified account @VitalikButerin Jan 26
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      Replying to @VitalikButerin @webdevMason @paulg

      ... so the private value to each viewer of the film/song/book exceeds the total social value (alternatively stated, each viewer contributes to the feeling-of-missing-out among non-viewers which is a negative externality) ...

      1 reply 1 retweet 38 likes
    4. vitalik.eth‏Verified account @VitalikButerin Jan 26
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      Replying to @VitalikButerin @webdevMason @paulg

      .... but in practice I don't think this is worth worrying about because the possibility of piracy already acts as downward pressure on prices to keep them reasonable. ie. govts regulating media pricing is a bad idea because the pricing is "regulated" by The Pirate Bay already.

      2 replies 1 retweet 38 likes
    5. Mason  🏃‍♂️ ✂️‏ @webdevMason Jan 26
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      Replying to @VitalikButerin @paulg

      "Negative externality" is a weird take on the organic generation of a cultural schelling point but ok

      3 replies 0 retweets 15 likes
    6. vitalik.eth‏Verified account @VitalikButerin Jan 26
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      Replying to @webdevMason @paulg

      The argument may be easier to see if you substitute "JK Rowling's work" with eg. "Facebook". But I would agree that the effects in the former case are much milder than in the latter case

      3 replies 1 retweet 18 likes
      Mason  🏃‍♂️ ✂️‏ @webdevMason Jan 26
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      Replying to @VitalikButerin @paulg

      I'd argue that one might sooner bite the *other* bullet than favor a world that broadly hamstrings its own ability to navigate search space for the best stuff

      11:49 PM - 26 Jan 2020
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      1 reply 0 retweets 1 like
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        2. vitalik.eth‏Verified account @VitalikButerin Jan 27
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          Replying to @webdevMason @paulg

          Who is proposing hamstringing the ability to navigate the search space for the best stuff?

          1 reply 0 retweets 4 likes
        3. Mason  🏃‍♂️ ✂️‏ @webdevMason Jan 27
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          Replying to @VitalikButerin @paulg

          You've described one major process by which this occurs as a "negative externality." Maybe you're defining that in some way other than what I'm accustomed to.

          1 reply 0 retweets 1 like
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