This is very great stuff! Looking forward to more from you both :)
LOVE LOVE LOVE the Creator Engine diagram ---- should become the canonical diagram to show the two sided marketplace of music.
Fun bunch of tiny comments:
- I might add a "revenue" line from the creator into technology ---- see: Discovery mode 😉 (and ye olde Doctorow enshittification thesis)
- I might add a data line from consumer to technology, as well. You nod towards the value of digital ads in the text below the diagram - would be good to show in the diagram itself how the data from consumers fuels this ad revenue/value in a real way, not to mention tech firms also simply selling consumer data.
- my political economist side wants to add an arrow down from capital to "individual wealth creation for owners" lol -- where money leaves the system to enrich capital holders, but I understand why you might now have included this.
- The Carrying Capacity discussion is really fantastic at the end -- the question it always brings to mind - and which I think is at the heart of lots of the arguments around artists getting paid these days - is how does the surplus value created by additional tech-fueled carrying capacity get distributed? (the pie question!)
Thanks, Brodie. Love the suggestions, especially love the mention of the enshittification thesis which was new to me. reading through, I'm reminded of "cars suck, man": https://petargyurov.com/2024-01-14/cars-suck-man
The model has been simplified so much that it's almost useless at anything other than connecting investments in technology to consumption to creation and back to consumption. I hope it'll be useful for founders and artists evaluating their development and use of technology.
I'd love to do a version that was closer to my original vision of exploring equilibria—I think it would be fascinating but I'm still not sure who it would be useful for.
And very much looking forward to more from you and Dan -- really appreciate your attempt to try get at a generalized model that's useful for generating deep insights :)
This is very great stuff! Looking forward to more from you both :)
LOVE LOVE LOVE the Creator Engine diagram ---- should become the canonical diagram to show the two sided marketplace of music.
Fun bunch of tiny comments:
- I might add a "revenue" line from the creator into technology ---- see: Discovery mode 😉 (and ye olde Doctorow enshittification thesis)
- I might add a data line from consumer to technology, as well. You nod towards the value of digital ads in the text below the diagram - would be good to show in the diagram itself how the data from consumers fuels this ad revenue/value in a real way, not to mention tech firms also simply selling consumer data.
- my political economist side wants to add an arrow down from capital to "individual wealth creation for owners" lol -- where money leaves the system to enrich capital holders, but I understand why you might now have included this.
- The Carrying Capacity discussion is really fantastic at the end -- the question it always brings to mind - and which I think is at the heart of lots of the arguments around artists getting paid these days - is how does the surplus value created by additional tech-fueled carrying capacity get distributed? (the pie question!)
Overall, very great stuff and strong thinking! <3
Thanks, Brodie. Love the suggestions, especially love the mention of the enshittification thesis which was new to me. reading through, I'm reminded of "cars suck, man": https://petargyurov.com/2024-01-14/cars-suck-man
The model has been simplified so much that it's almost useless at anything other than connecting investments in technology to consumption to creation and back to consumption. I hope it'll be useful for founders and artists evaluating their development and use of technology.
I'd love to do a version that was closer to my original vision of exploring equilibria—I think it would be fascinating but I'm still not sure who it would be useful for.
Thanks for this recommend -- going to dig in!
And very much looking forward to more from you and Dan -- really appreciate your attempt to try get at a generalized model that's useful for generating deep insights :)