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


 
Wednesday, December 01, 2004


Dot Com 2.0/Social Capital Machines

Pitchfork Media gets deconstructed as arbiter of cool. What this bit misses is that while slashed transaction costs to consuming digital media create huge cool economies (ie, it's easy to become an arbiter of cool, since everyone can make their voice heard), the flipside is that the half-life of arbiters of cool must exponentially drop, since, concomitantly, the price of cool has become relatively cheaper. Put another way, there are no barriers to entry for the next Pitchfork.

The trick is to create them - my advice here is to exploit time compression diseconomies into markets for complements; ie, build up a massive learning advantage and leverage it to expand horizontally. Uhh...end geek out.

-- umair // 5:10 PM // 3 comments


Comments:

Where's the link?
// Anonymous Anonymous // 5:46 PM
 

"The trick is to create them - my advice here is to exploit time compression diseconomies into markets for complements; ie, build up a massive learning advantage and leverage it to expand horizontally."

Ummmm....so, like, what'd this be in English, dude? :)
// Blogger Mahashunyam // 10:50 PM
 

that was some serious verbiage/jargon/what the hell did you say? going on.
// Blogger dhd // 10:21 PM
 
 

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