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by boxspam
2890 days ago
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I wonder if there is a deeper structure/nature to business growth and popularity, something akin to the Matthew effect [1] ("to everyone who has more will be given") or power laws. People have limited energy to store and rank objects, so they settle on one or two per field/subject, and all future energy goes into maintaining that categorization. An example would be "Hulk Hogan", even though I am not interested in wrestling, I do know that name. If I am similar to others, such as journalists, this would explain why that name is getting bigger and bigger: people just add on energy on the current most popular choice. [1] https://en.wikipedia.org/wiki/Matthew_effect |
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[1] https://www.amazon.com/Scale-Universal-Innovation-Sustainabi...