smgit
Joined 2 years ago
Joined 2 years ago
Trump & Co are by no measure the sharpest tools in the shed. In Trumps own words they have been up against some really inept people, who have all lost credibility.
Therefore the counter-reaction, which is building, will come, and it won't look like what Trump & Co are used to dealing with in the past. I think that's what interesting about where the story goes next. Whose is going to lead? What are they going to stand for? How are they going to organize? Its an opportunity for the best in America to shine.
They run pharmacy benefits management, health insurance and drug distribution.
The estimate is 4-5 Trillion flows throw these firms. Which is larger than the GDP of India. So this gigantic structure has emerged that doesn't really make too much profit btw (very similar to Amazon Platform Economics) but is layer upon layer upon layer of cash flow passing through middlemen.
Drastic change requires new ideas about what do we do about all these middlemen who shape the environment on top of which everything exists.
The is a Systemic problem. Doesn't matter what the individuals do.
And then they stopped talking about it, cause no one has come up with a model that not just survives side by side, but replaces the McDonalds model.
Everyone just ends up copying that model, cause it did produce results no one had seen before. Laws and regulations evolve to help that model out. Investing more and more in that model becomes automatic.
Restaurant count kept multiplying, franchises were willing to spend more and more on the best real estate with highest foot traffic UPFRONT. Costs of running things kept falling, thanks to all these accumulating network effect/economies of scale. Price stays low. All fantastic right? To the point people started asking why can't the McDonalds model feed the world? And naturally anyone who was very happy with their profits and fries would start assuming it could.
Only once you start digging into that question, do you start seeing how their success at optimizing for a few specific variables really well, comes at the cost of all the other things they don't optimize for. Their success is not possible without rising external costs.
As a reaction there are nows lots of restaurants that survive with alternative models that optimize for other things. But no one has taken down the McDonalds model yet.
Given how the Attention Economy works Content keeps exploding, but eyeballs and time to consume it all don't grow at the same rate, so post frequency and absurdity of the posts shall grow with time. Keep count.
With that population scale delusion amp working 24x7, we get the most over ambitious attention craving people rising up the food chain faster than they usually could. But speed is useless in ecosystem evolution. Anything moving faster than the rest of the system will run into issues faster too.
Lina Khan types need solid support and fire power to make a dent.