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Re:YouTube's ban on “hacking techniques” threatens to shut d... by kace91 on Thursday July 04, 2019 @04:08AM (#20352576)
It's gonna bite us in the ass pretty soon, because the direct consequence of this effect is that the ability to launch a successful network depends on marketing - you need to achieve a critical mass of users pretty much instantly, since each new user won't stay for more than a day or two if their friends and content aren't there. That requirement forces potential new tech to have massive backing by a strong entity like a tech giant.

I wonder if we'll end up seeing state actors (or supranational entities like the EU) promoting state funded networks as a public alternative, as is sometimes the case in industries that tend to be monopolistic due to the cost of starting - transportation, telecommunications, etc.

Re:YouTube's ban on “hacking techniques” threatens to shut d... by vmurthy on Thursday July 04, 2019 @04:50AM (#20352801)
> I wonder if we'll end up seeing state actors (or supranational entities like the EU) promoting state funded networks as a public alternative, as is sometimes the case in industries

You make a good point but I'd like to think of it this way: If the said service is made mandatory, then it has a chance of succeeding. Else, building that critical mass entails a lot of customer acquisition costs that a Govt may just not be in a state to justify. And therein lies the beauty and danger of network effects. Once a company has them, it is very very difficult to dislodge it. Look at Visa and Mastercard: V has been around since 1958 and MC from 1966. Both are valuable as they have network effects.