Umair Haque / Bubblegeneration
umair haque  


Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.

Friday, August 06, 2004

Link Inflation

Thought of the day. Let's think about links as currency people use to trade thought capital with one another. That way, we can explain the growing homogenization of the Net - inflation.

Link inflation: The growing number of links chasing a (relatively) smaller and smaller amount of thought capital. A smart entrepreneur would attempt to arb the differential by establishing an alternate currency - not just hoarding links like link aggregators (blogdex, daypop, etc) do in order to preserve value. I don't mean something evil, like MS's doomed SmartTags - I mean a tradable currency which doesn't get devalued like links currently are.

-- umair // 10:52 AM // 0 comments


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