AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Power and Significance of Network Effects in Social Networks
They discuss the concept of network effects and its application in social networks like Twitter. They explain how network effects increase the value of a network as more people join and discuss examples from Facebook and Microsoft Word. They highlight the difficulty of killing a social network due to network effects, but also mention the vulnerability of the revenue side of the network.