
#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology
Lex Fridman Podcast
00:00
Understanding Revenue Models in Digital Media
This chapter examines the revenue dynamics of digital media, contrasting the ad-centric models of social networks like Twitter and Facebook. It also discusses concepts like 'zero marginal cost,' consumer behavior on ads, and various business models including paywalls and mixed revenue strategies.
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