Re:The decline of computers as a general-purpose technology
by marcosdumay on Thursday February 25, 2021 @08:07AM
(#26262317)
Economically worthless is a very bad phrasing, but the concept is very real (economists go with non-excludable, but that has an underwhelming impact on laypeople), software authors have a really hard time capturing the value they create.
[ Parent
| on HN ]
Re:The decline of computers as a general-purpose technology
by javajosh on Thursday February 25, 2021 @08:11AM
(#26262353)
I've always thought of it as the turn-style in front of the theme-park. Without that turn-style, the theme-part is economically worthless no matter how good it is.
Re:The decline of computers as a general-purpose technology
by marcosdumay on Thursday February 25, 2021 @08:34AM
(#26262548)
Yes, that's the idea, but keep in mind that "economically worthless" has a literal meaning that is almost opposite of what you are trying to say.
Re:The decline of computers as a general-purpose technology
by dsr_ on Thursday February 25, 2021 @08:43AM
(#26262636)
And not only that... but a theme park without an entry fee is still a money-maker via snacks, drinks, souvenir cups, and extra-cost rides and line-skipping.
In much the same way that a company can produce an open-source product and charge for support, feature development, consulting, data feeds and sometimes SAAS operation.
Re:The decline of computers as a general-purpose technology
by javajosh on Thursday February 25, 2021 @09:13AM
(#26262901)
I just mean you can't charge for it directly. "Utility" is perhaps what you mean. Note that the most important achievements (scientific and artistic) in human history were economically worthless for their authors, but have had enormous indirect positive economic benefits.