> This is a simplistic take. First of all, even if it’s true now it does not make it true for all time. Blockbuster hit a real sweet spot for video rental until the tech landscape changed under their feet.
True. I'd love to see a competitor someday whom I can just pay and then have a Facebook-equivalent and Youtube-equivalent that doesn't spam me with ads and does not collect my behavioural data to profile me.
I think people would just be shocked how much they would need to pay for their FB account if that would be an alternative offering. Back-of-the-envelope calculation: 2022 FB had a revenue of about $116bn. With about 3bn users. Let's say half of those are actually dead accounts that people almost never log into. (And that's very generous, this number is probably much higher.) That leaves 1.5bn users. To generate $116bn you'd need $77 from each of them. I know very few people who would pay that much money every year to see their aunts cooking results and their uncles Trump posts.
> Secondly, and more importantly. Economical optimal for what end? For extracting profits
Yes. That's what our market-based economies are optimizing for. Other economic models have not proven to be viable.
True. I'd love to see a competitor someday whom I can just pay and then have a Facebook-equivalent and Youtube-equivalent that doesn't spam me with ads and does not collect my behavioural data to profile me.
I think people would just be shocked how much they would need to pay for their FB account if that would be an alternative offering. Back-of-the-envelope calculation: 2022 FB had a revenue of about $116bn. With about 3bn users. Let's say half of those are actually dead accounts that people almost never log into. (And that's very generous, this number is probably much higher.) That leaves 1.5bn users. To generate $116bn you'd need $77 from each of them. I know very few people who would pay that much money every year to see their aunts cooking results and their uncles Trump posts.
> Secondly, and more importantly. Economical optimal for what end? For extracting profits
Yes. That's what our market-based economies are optimizing for. Other economic models have not proven to be viable.