This strategy doesn’t work, because the act of buying anything, even if the price is very small, creates what Nick Szabo calls mental transaction costs, the energy required to decide whether something is worth buying or not, regardless of price.
Why Small Payments Won’t Save Publishers « Clay Shirky
The other key piece of background isn’t about small payments themselves, but about the conversation. Such systems solve no problem the user has, and offer no service we want.
# 2012.01.24 – 01:36
The Collapse of Complex Business Models « Clay Shirky
When the value of complexity turns negative, a society plagued by an inability to react remains as complex as ever, right up to the moment where it becomes suddenly and dramatically simpler, which is to say right up to the moment of collapse. Collapse is simply the last remaining method of simplification.
# 2012.01.23 – 22:32
The Technium: The Shirky Principle
“Institutions will try to preserve the problem to which they are the solution.” — Clay Shirky
# 2012.01.23 – 21:47
How Do We Identifiy Good Ideas?
Take time off to properly value your own ideas.
# 2012.01.23 – 20:47
Blog: Wired Science » Frontal Cortex: How Do We Identifiy Good Ideas?
# 2012.01.23 – 20:37
Twitter: @dillardsarah
dillardsarah why are so many consumer web apps better than their sites? Eg @twitter, @kayak, @amtrak. Forced simplicity?
# 2012.01.23 – 08:41
Blog: The Daily Dish | By Andrew Sullivan: Why Would Aliens Be Tech-Savy?
# 2012.01.22 – 18:23
Why Sea Turtles cross the Atlantic to lay eggs
# 2012.01.22 – 09:18
Jeff DeChambeau » Behavioral economics and facebook conspiracy theories
the smartest people in the world are working hard to come up with ways to get you to click on ads
# 2012.01.21 – 11:47
Capitol South, Station domination, and Lobbying Effectiveness | Matt Glassman
# 2012.01.21 – 11:47
Blog: I Love Charts: nevver: Pleated Jeans Tonight.
# 2012.01.20 – 23:22
Twitter: @paulg
paulg Request for Startups: Kill Hollywood. http://t.co/wdchmDLy
# 2012.01.20 – 21:10
Blog: TED Blog: The beautiful math behind the ugliest music: Scott Rickard on TED.com
# 2012.01.20 – 16:31
YouTube: Where the Wild Things Are (as read by Christopher Walken)
Where the Wild Things Are (as read by Christopher Walken)
# 2012.01.20 – 15:15
equity – Forming a new software startup, how do I allocate ownership fairly? – OnStartups – Stack Exchange
# 2012.01.20 – 10:32
A Graphic Look at the Window to Win: Oakland Athletics – Beyond the Box Score
# 2012.01.20 – 09:47
Blog: FREE KRAUT!: The unspoiled continent – Part III – In which words (mostly) give way to pictures
# 2012.01.20 – 09:38
Blog: Marginal Revolution: Simulations and the Fermi paradox
# 2012.01.20 – 09:23