"Network effects" is just "the emperor with no clothes": People believe it matters because people say so.

There's no reason why Emperor Zuck's court can't be disrupted by some monkey king yet to appear.

We're at the dawn of the Third Age of the Internet.

Someone has to be the Frodo to take Facebook & Twitter's rings into Mount MySpace and melt them down into the same puddle of lava as the legacy media that came before them :)

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mingus88 an hour ago | parent | next [-]

I can think of 26 billion reasons why another platform doesn’t just appear and disrupt Meta

https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitio...

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everdrive an hour ago | parent | prev | next [-]

>"Network effects" is just "the emperor with no clothes": People believe it matters because people say so.

Which is to say that it matters very much? The dollar only has value because people say so as well.

	▲	rootusrootus an hour ago \| parent \| next [-]
		> The dollar only has value because people say so as well. I thought it was mostly because the IRS only takes dollars, and they have guns [metaphorically].
	▲	an hour ago \| parent \| prev [-]
		[deleted]

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bunderbunder an hour ago | parent | prev [-]

It’s absolutely a real thing. The people in my life use WhatsApp because that’s what everyone else they know uses.

I don’t use WhatsApp, which just means I’m not on the group chat. Nobody uses my preferred option because nobody but me is on it, which means not much actual chatting is happening.