17 chunks · 12 episodes
...were non-viable. Too expensive compared to the value they'd create. A very high Coasian floor. But now the floor has dropped by a large amount. Suddenly much more of software's potential is possible.
...om 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. T...
...ng that if you reduce the cost of software by multiple orders of magnitude, the coasian floor drops, and we'll see exponentially more software than before, because smaller niches will now be viable.[bd]
..."is this small improvement worth making this human frustrated?" There's a lower Coasian floor for nits worth flagging when working with an AI writer.
Centralization leads to scale, and scale leads to the Coasian Floor rising. The entity with access to the data is the one who is allowed to write the code. No one but the aggregator can write the feature, and they are...
...ow many other little niche vertical OS style use cases exist that are below the coasian floor. Where a simple CRUD on top of a spreadsheet data would be life changing.
The Coasian Floor for a massive scaled company is huge. The Coasian Floor is the minimum addressable market necessary for a company to bother building a feature. Becau...
...y of missing apps. Apps that could exist, but don't, because they are below the Coasian Floor. The universe of possible apps is orders of magnitude larger than the galaxy of apps that actually exist. Many of the missing apps are boring and mun...
...r, and then dominate. The same is true with apps. A lot of things are below the coasian floor of viable apps.
...t company assigning a PM and a handful of engineers to build. They're below the Coasian Floor. The interfaces we use today are limited by the imagination of some PM working at the company that built the app.[pj] Imagine a system isn't even lim...
...tock the kitchen with the basics. You don't even think about it. It's below the Coasian Floor. Of course you do it! But say that you're a multinational corporation with hundreds of vacation condos you own and rent out. How much does it cost to...
When the costs of production drop, the Coasian Floor drops. The Coasian Floor is the lower bound of where it makes sense for any company to execute on a business opportunity. That floor is not some fixe...
... too small of a market, or too small to monetize. Those use cases are below the Coasian Floor. But the entire universe as a whole, if it could be catalyzed, would be venture backable.
...our family life? You could solve all kinds of cozy problems that were below the Coasian Floor. You'd have to trust that intern to not leak your sensitive information, actively or accidentally.
...is case is easy." The problem is that all of the individual cases are below the Coasian Floor[so] of being worth tackling individually. Also often all of them are quite different, so solving one doesn't necessarily help with the others. To tac...
...e. But it will also allow a new class of software that previously was below the Coasian Floor[sy][sz] and not viable.
The Coasian Floor sets the lower bound of size of project a company might undertake. This is Clay Shirky's concept. The Coasian theory of the firm is that finding a pr...