[p2p-research] Artificial Scarcity Is Subject To Massive Deflation | Techdirt
Paul D. Fernhout
pdfernhout at kurtz-fernhout.com
Thu Nov 5 13:45:26 CET 2009
"In discussing the basic economics of scarce and infinite goods around here,
sometimes certain points get lost or confused. One of the key points that
we've tried to make (but that sometimes gets lost), when we say that an old
model is obsolete or going away, is that you can try to hang onto that
business model, but the economic trends are clear: it's not going to last.
So, you can try to keep charging for information in a highly competitive
market, and maybe you can pull it off for a little while. But betting your
future business on it alone? Good luck.
The Citizen Media Law Group points us to an even better explanation of
this very point, by Eric Reasons, noting that artificial scarcity is facing
massive deflation. It's such a great concise way of making the point, I wish
I'd thought of it: ..."
More information about the p2presearch