The single hardest economic problem posed by the internet is the end of scarcity.

Nilay Patel rebuts Taylor Swift in explaining how the Internet makes music value-less precisely because it’s not rare.

In the digital music age, all that’s needed is an inventory of one. And that’s why we collect so much and let our digital items collect dust.

WEB GEMS NEWSLETTER
(See past issues)

SHOW YOUR SUPPORT
Become a member of the blog for $23/year!

Author: wells baum aka bombtune

A daily blogger who connects the dots between beats, culture, and technology.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.