|
|
|
|
|
|
by edmundsauto
1976 days ago
|
|
|
Interesting points. I don’t think I’m fully sold on it - something like Tinder would seem to be an interesting thought experiment, where people are unable to move due to network effects. I definitely appreciate you taking the rime to respond. I’m just not sure that I agree that a network effect is monopolistic. It feels more akin to losing a feature by switching off gmail. Definitely valid points about turning off the filter, although on gmail, I believe that is only for your personal filters. Google still filters huge amounts of malicious stuff before it gets to the spam folder, by silently dropping it. |
|
|
A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.
Source there: https://en.wikipedia.org/wiki/Natural_monopoly
A social network is very similar to railroad network, electricity distribution network, or landline phone network. Yet we allow Facebook or Youtube to do whatever they please with the servers they own, while regulating the hell out of the older ones.