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by ParetoOptimal 890 days ago
> The objectively superior product is the one that people pay for. They are exchanging labor/capital for the item/content.

No, that assumes perfect discovery of options. The product people see first is often chosen.

> I could make the best movie ever conceived, the movie to end all movies. If nobody watches it, it has 0 value.

Things only have intrinsic value if validated by others? That's just not true.