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Middlemen: Parasites or Value Creators?
- People are often suspicious of middlemen, viewing them as parasites who don't create value.
- However, middlemen often provide essential services and wouldn't survive if they didn't add value.
We Are All Middlemen
- Most people act as middlemen by connecting others within their networks.
- Anyone facilitating connections and adding value in the process acts as a middleman.
Podcasting and Middlemen
- Russ Roberts gives an example of using middlemen (podcast platform, sponsors) to connect with a larger audience.
- Krakovsky points out the internet has enabled more people to take on these gatekeeping roles.