2min chapter

Honestly with Bari Weiss cover image

How Big Tech Is Strangling Your Freedom

Honestly with Bari Weiss

CHAPTER

The Power of Network Effects

Sir David says people are selectively oblivious to the power of network effect monopolies. If you or i wanted to create our own twitter clone, it would be very, very hard because nobody else would be on it. And so knowing that if a new user wants to join that they wouldn't see any value in joining that service u there's nobody else on it. So you have this huge chicken and egg problem. This is why these social networks are so powerful, is that they've got these huge network effects based on the fact that everybodyis ready on them.

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