That Sneaky Exponential — Beyond Metcalfe's Law to the Power of Community Building (by David P. Reed) (via WorldChanging) So what tends to happen is that as networks grow, peer transactions out-compete broadcast content in the arena of attention and return on investment. And remarkably, once N gets sufficiently large, [Group-Forming Network] transactions will out-compete both of the other categories.
Interesting… especially in view of Web 2.0, which seems to correspond pretty much exactly to his "Group-Forming Networks". Not sure I necessarily agree with all of his math, but interesting none the less.
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