A great theory but one major flaw. The utility value of most tv and movies comes when they are brand new with quickly diminishing returns afterwards.
Drugs on the other hand have equal utility for their lifetimes (until replaced by something better, which can in some cases take centuries). In fact sometimes a secondary use for a drug is found and its utility goes up.
Entertainment rarely has increasing utility. Even the biggest sleeper hits have a short peak of utility until returning to baseline.
It’s two totally different utility models and I don’t think the cost models are transferable.
Drugs on the other hand have equal utility for their lifetimes (until replaced by something better, which can in some cases take centuries). In fact sometimes a secondary use for a drug is found and its utility goes up.
Entertainment rarely has increasing utility. Even the biggest sleeper hits have a short peak of utility until returning to baseline.
It’s two totally different utility models and I don’t think the cost models are transferable.