6 ms·
This requires working markets. The problem is that the value of products and services is distorted and the highest margins that can buy the most marketing are
by closedloop129 4y ago
This requires working markets.
The problem is that the value of products and services is distorted and the highest margins that can buy the most marketing are not the products that offer the most value. What good is all the value if the knowledge about it is hidden by more powerful marketing.
It would be a game changer if Carmack could convince Facebook/Meta to create an advertising market that would allow people to become aware of that amazing value. Meta has the power to structure their prices in a way that advertising is actually helpful.
I am reminded of the OpenXanadu submission [1], where every referenced text receives a micropayment. Could value transactions become so frictionless that we change the way we interact?
[1] https://news.ycombinator.com/item?id=32215551 https://news.ycombinator.com/item?id=32215551