You Still Have To Pay For It

Seen broadly, it’s clear that the story of the Long Tail is really about the economics of abundance — what happens when the bottlenecks that stand between supply and demand in our culture start to disappear and everything becomes available to everyone.
—    Chris Anderson
From his book :  “The Long Tail“
[Anderson believes that given the availability of knowledge of something, its price can fall substantially and profit increase in greater proportion because the volume sold will increase at a greater proportion than the price decrease.  This may be true in the realm of bits and bytes – selling music and e-books, but it is not clear it is true for “atoms” – homes, cars and food.  For sales of atoms, people and space are involved and people / space do not scale up for volume the way servers can scale up for downloading bits and bytes.
Also, and perhaps more importantly, it seems to me unlikely the price will fall to zero (or near zero), so the true issue is not knowledge of availability, but do you personally have the funds to pay for something.    —    kmab]
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On This Day In:
2022	Brevity And Decisiveness
2021	They Don’t And They Aren’t
	Deep And High
2020	Social Distancing
2019	Touched?
2018	Chillin’ With My Bro
	Inconvenient Adventure
2017	Genuine Tragedies
2016	Why I’m Scared Of November
2015	I Can Tell Too
2014	In Hand
2013	No Fear
2012	Comic Books
	Keeping The Peace
2011	You Still Have To Pay For It

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