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Laws of Tech: Commoditize Your Complement · Gwern.net

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  • Mar 17, 2018
Gwern
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www.gwern.net
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A classic pattern in technology economics, identified by Joel Spolsky, is layers of the stack attempting to become monopolies while turning other layers into perfectly-competitive m... Show More

A classic pattern in technology economics, identified by Joel Spolsky, is layers of the stack attempting to become monopolies while turning other layers into perfectly-competitive markets which are commoditized, in order to harvest most of the consumer surplus; discussion and examples.

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Blas Moros @BlasMoros
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Andy Matuschak @andy_matuschak · Aug 19, 2021
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One good extended discussion:
Leo Polovets @lpolovets · Mar 24, 2022
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had a good post on this, too.
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