Re:I don't want to spend my one precious life dealing with G...
by thegrimmest on Friday May 17, 2024 @09:48AM
(#40389824)
OK so innovators have to provide an option where:
benefit > switching cost + network cost
This has repeatedly been demonstrated as large networks have been disrupted. Folks switched away from MSN Messenger and MySpace didn't they?
No. Network effects mean that there's not only a high cost of switching away from the largest network, but there's a high cost to use anything other than the largest network. When that bias exists, you cannot infer any preferences from market outcomes.