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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.

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You Need to Hear This Extremely Rare Recording 

Things are no longer rare; they are either popular or unpopular.

Rarity itself has become very rare.

All it takes is one digital file to create infinite inventory. Hence the paradox of ‘rarity’ in the digital age.