pluralistic, 10 months ago For most of the history of consumer tech and digital networks, fire was the norm. New platforms - PC companies, operating systems, online services - would spring up and grow with incredible speed, only to collapse, seemingly without warning. To get to the bottom of this phenomenon, you need to understand two concepts: #NetworkEffects and #SwitchingCosts. 9/
For most of the history of consumer tech and digital networks, fire was the norm. New platforms - PC companies, operating systems, online services - would spring up and grow with incredible speed, only to collapse, seemingly without warning.
To get to the bottom of this phenomenon, you need to understand two concepts: #NetworkEffects and #SwitchingCosts.
9/