02 June 2019, 01:46 PM
AxtremusSuperstardom and Winner-Take-All
https://www.nytimes.com/2019/0...cs-alan-krueger.htmlTechnology enables and creates more superstars and more winner-take-all markets.
It reinforces something that I believe has been happening for a long time.
02 June 2019, 01:55 PM
jon-nycThis started with radio. Scratch that - the printing press.
Television increased it's scope. Internet increased it again.
Some call it the 'winner take most' effect.