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by NeilCJames 5801 days ago
It is more of a continuum than an A or B question, and it would be a bad idea to get religious over the question. From a pragmatic perspective, B should be favored when either production constraints (capital investment, etc) or distribution costs are tangible at the margin. So durable goods and long-term services (e.g. insurance) should lean toward B. A is favored if and only if iterative cycles can be accomplished without additional capital investment and distribution costs are near-zero. So, basically anything that could be delivered digitally that is not embedded in a durable good should be released when "good enough" (and then only improved if the iteration creates more value than the development of a new good or provision of a new service--iteration as rent-seeking is wealth-destructive).