Rising Tide Rents and Robber Baron Rents
O'Reilly
APRIL 23, 2024
Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. It’s unclear whether this was a lack of imagination or a kind of “ strategy tax.” It’s not our data.
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