Comments
DHagar
4/18/2016 2:15:16 PM
User Rank Platinum
Re: Overstatisticianization
@Joe Stanganelli, well there you go - that's what will cause them to fail. Thanks for update. I fully agree, they will lose the value they are providing if they don't stay current and keep their pricing competitive. There are too many other options.
That's where companies lose their market share is when they start to "coast" and cash in on their customer base without uping their game.
DHagar
4/18/2016 2:18:40 PM
User Rank Platinum
Re: room for competition...
@John Barnes, excellent insight. So that proves the point that the Blue Ocean remains with "original creativity", not just those looking to capitalize on what has been created.
Ariella
4/19/2016 7:33:17 PM
User Rank Author
Re: Overstatisticianization
< At some point, it's probably cheaper to just buy the DVDs of the stuff you like and stop paying the monthly fee. Especially now that they no longer care one iota about analyzing your preferences and recommending stuff that you'll actually like, like they used to.>
@Joe Yes, it would make sense to own what you want to watch over and over again to be sure you have it accessible. I don't subscribe to any of these services myself, so I don't know first-hand what changes they've made, but I have seen some people complain that Netflix has dropped some of their favorite shows.
JohnBarnes
4/19/2016 9:04:30 PM
User Rank Platinum
Re: room for competition...
@DHagar, well, kind of. Abundant outlets means lots of room to discover what works. For example, almost all the commercial genres -- sci fi, horror, romance, etc. originate in their modern forms in magazine fiction between about 1900 and 1940, because at that time launching a magazine (and later, a comic book) was incredibly cheap and usually made at least a little money, so there was room for a huge amount of experimentation, and all sorts of odd magazines could flourish. Then for a while paperbacks served the same literary purpose; for a brief few years, Spillane and Spinoza shared a publisher, and it worked out pretty well, at least for Spillane.
But when it's really costly to put anything new out, you get things like mainstream pop in the 70s, television in the 60s, or hardcover book publishing now: lots of playing it safe and minimal deviation from formula.
It's more that the market structure opens or closes the throttle on creativity/originality, I think, than that people actually prefer the original and the creative. It's just that there's a certain minimal amount of creativity that has to go into even the most pedestrian work. But the producers always make money, whether it's tenth-generation copied schlock or bold new innovations, and the creators who can get their work through the producers to the audience always make money. (And the audience always spends money, bless their hearts). It's just who gets to play that differs from game to game.
DHagar
4/19/2016 10:02:46 PM
User Rank Platinum
Re: room for competition...
@John Barnes, excellent reflection on the industry - I see your point. The opportunity is Blue Ocean, but the profit cycle dictates the proven money makers. Noting that the publishers make profit all ways, being the holders of the "real estate" (networks and channels for the content).
I guess then that it takes real effort to truly be creative and drive the Blue Ocean opportunities and transformation, but when one does, they definitely open up new doors.
Goes to prove the statement that "Luck is preparation for opportunity".
Re: Overstatisticianization
@DHagar: But, oooooohhh, Netflix has an updated UI now that makes some of the icons bigger and closer and more obnoxious and even more confusing than the last UI change! Oh, boy!
*Cancel my account*
Re: Overstatisticianization
@Ariella: Indeed, whereas some moan about how cable "forces" you to buy too many channels, I feel like you have to subscribe to multiple providers to get *all* of the content you want.
JohnBarnes
4/23/2016 1:09:47 PM
User Rank Platinum
Re: Overstatisticianization
Joe, both can very easily be true, and at the same time: you can find you have to buy more just to get what you want at the same time you are forced to buy things you don't want to get the things you do. This can even happen in a theoretical economy with just one consumer good; in fact for nearly all observers, that's nearly always the case (see "consumer surplus" and "producer surplus" in any microeconomics textbook).
Many things can and will change from classical markets as more information becomes cheaper, but I suspect that one will be with us always, and that our great-grandchildren will complain about having to get the Tour of the Solar System live coverage direct brainfeed in order to receive the direct brainfeed from a brilliant musicologist listening to Mahler (or vice versa).
Re: Overstatisticianization
@John: Fascinating. I used to date someone with an economics degree. She would explain these concepts to me whenever I questioned them.
But I have to wonder about the demand for both tour of the solar system coverage (unless by "tour" you mean some form of interplanetary space golf (IPGA = Interplanetary Golf Association?)) and direct brainfeed for someone listening to a composer's work (and Mahler of all people!). I suspect it will be more along the lines of having to get one of those when all they really want is the direct brainfeed from someone playing Super Mario Bros. 1 Million.
JohnBarnes
4/24/2016 1:49:49 PM
User Rank Platinum
Re: Overstatisticianization
@Joe, same principle, though. Unless and until the economy is able to become so niche-ified and unique that on every transaction, every person is able to buy exactly what they want in exactly the quantity they want exactly where and when they need it, there will always be some slippage off the mark of quantity/quality/price/timing, and despite all the ways we devise to minimize or recapture that slippage, some of it will remain. A bit like entropy, friction, or copying error, actually; despite our best efforts, some of our expenditures will be useless to us. The form the uselessness takes can be moved around and the amount can often be reduced, but overall we're stuck with at least some of it.
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