As the cost of production goes down, the diversity of what is viable to publish goes up super-linearly.

· Bits and Bobs 5/4/26
  • As the cost of production goes down, the diversity of what is viable to publish goes up super-linearly.
    • Before the printing press only the very most important books are ever copied.
    • The only books that cleared that threshold were the Bible, and every so often a few classics from antiquities.
    • Nothing else cleared that floor.
    • The printing press lowered the Coasian floor by making it orders of magnitude cheaper to produce books.
    • A linear decrease in friction makes more of the power law above the viability waterline.
      • The power-law has a curved shape, so the lowered waterline unlocks super-linear value.

More on this topic

From other episodes