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@logosnaut | |||||
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The market has eyes and ears everywhere, and they function so well in the digital panopticon that they have erased time as a reagent. No novel idea has the time to grow organically to the status of innovation before the market consumes it and discards it
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Jason Snyder
@cognazor
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30. sij |
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Now a bit of pessimism: we are contending with the fact that all of our most innovative memes and ideas will be harvested and processed into marketable commodities, sooner or later.
The hedonic treadmill is not stopping
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Jason Snyder
@cognazor
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30. sij |
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Not to mention innovative aesthetics, those are also grist for the mill
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ᎷᏦ
@logosnaut
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30. sij |
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The black pill is that no actual innovation is taking place, because innovation is novelty morphing into commonplace with time as a catalyst. When the market has the tools to cannibalize itself the only thing you get is novelty replacing novelty, ad infinitum
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NotRivalVoices
@nosilverv
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30. sij |
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please expand fren
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ᎷᏦ
@logosnaut
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30. sij |
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The basic distinction between novelty and innovation is that novelty is any new idea, innovation is a new idea that changes the commonplace through time.
Car=innovation
Tiktok = novelty
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ᎷᏦ
@logosnaut
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30. sij |
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While material markets have other things that factor in to immunize against this cycle to a smaller or greater degree, cultural markets, merchants of abstract wares, do not.
In the digital age every abstract market is a fashion market
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ᎷᏦ
@logosnaut
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30. sij |
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Low-level aesthetic expressions such as visual aesthetics in design are already a clear testimony to this phenomenon. Those aesthetics have changed from organically evolving canons spanning decades to visual novelties that last a year before market-gentrification
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NotRivalVoices
@nosilverv
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30. sij |
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Ok that legit is a thing I think Thiel wouldn't be considering as the cause of innovation stagnation.
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ᎷᏦ
@logosnaut
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30. sij |
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I think, assuming near-infinite speed, every abstraction market is bound to cannibalize itself
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