
EP7 Daniel Schmachtenberger and the Evolution of Technology
The Jim Rutt Show
00:00
The Importance of Network Effects in Competitive Advantage
Jim Boulden: I was thinking there's a soft counter example to the lack of sustainable competitive advantage from any single innovation. It's what we call network effects right and if we re-spin what you just said a little bit suppose we were able to create a strong beneficial network effect for people who played by positive generative rules. That would be very interestingYeah so I can only compete on a defined and narrow metric right so if we're competing over who has more money or who's taller who can run faster than we can just have a straight-up competition but how do I compare Dolly to Escher is a fucked up thing rightYou actually kind of can't do that in
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