I, for one, have Serious Concerns about the monopoly JK Rowling has over the ideas in her own headhttps://twitter.com/RBReich/status/1220481483002937344 …
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Who is proposing hamstringing the ability to navigate the search space for the best stuff?
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.
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*Having* a negative externality, not *being* a negative externality. The point is that one component of the motivation to see popular things comes specifically from their popularity-qua-popularity, and not their quality-as-evidenced-by-their-popularity.
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I just tend to assume that virality is adaptive, and that the apparent quality of e.g. Harry Potter even on sober reflection should be reassuring. If anything, I'd pick on the social status goods that *don't* gain value as they're made *more* accessible, e.g. Rolex watches
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