4min chapter

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#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology

Lex Fridman Podcast

CHAPTER

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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