Re:Ask HN: Why Did Medium.com “Fail"?
by zem on Friday February 10, 2023 @02:32PM
(#34744553)
there's also this old ribbonfarm post on "the locust economy", describing that sort of consumer behaviour: https://www.ribbonfarm.com/2013/04/03/the-locust-economy/
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Great analogy! I hadn't seen that. I can definitely see that in Groupon (which seems much less popular now?)
Although I would also consider the other side of the "sharing economy" -- IMO sharing like Zipcar makes a lot of economic sense, and I don't have a lot of sympathy for incumbents there (although I guess Zipcar got bought).
Likewise with the taxi and hotel industries -- the incumbents deserve some competition / disruption.
But yeah consumers are certainly fickle