Comments on: The Great Stagnation and the Socialvore http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/ Thu, 23 May 2013 07:24:59 +0000 hourly 1 http://wordpress.com/ By: Cleaning off My Toolbar « Gucci Little Piggy http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-12018 Tue, 05 Apr 2011 19:49:24 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-12018 [...] Karl Smith at Modeled Behavior considers the argument laid out by Tyler Cowen in his lengthy essay The Great Stagnation.  Smith considers [...]

]]> By: Nick Bradley http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11939 Fri, 01 Apr 2011 16:05:33 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11939 same here.

]]> By: tsprad http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11919 Thu, 31 Mar 2011 21:42:19 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11919 One minor point that is being overlooked here. I’m a member of that 51% who have Facebook accounts, and I look at Facebook nearly every day, but that’s because it’s free. If I were asked to pay $5 per night, or even per lifetime, for Facebook I would not use it. I don’t think I’m alone in that opinion.

]]> By: dave http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11916 Thu, 31 Mar 2011 17:43:06 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11916 “This explains a seemingly bizarre worldwide obsession with tight money at the very time that it seems most insane to say I am worse off today with a $1000 in cash than I would have been in 2000 with $1000 in cash.”

Unless you eat, heat your home, need medical care or education, etc.

If your an upper middle class infovore things got cheaper. If your everybody else your living paycheck to paycheck.

]]> By: Sister Y http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11915 Thu, 31 Mar 2011 17:26:37 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11915 The sexual welfare component of human happiness has also become almost immeasurably cheaper, what with widespread availability of birth control and abortion, and a reduction in the legitimacy of a woman’s expectation to be provided for materially for life in exchange for a monogamous sexual relationship. Better interpersonal connectivity will only drive costs down further.

I don’t think this is widely recognized as the great thing it really is for human welfare in general. We all have the potential to be sexovores – even more so than we do to be infovores, perhaps.

]]> By: Assorted links http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11914 Thu, 31 Mar 2011 17:22:16 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11914 [...] Facebook and TGS, and Robin Hanson reviews TGS.  Mike Mandel responds to Karl [...]

]]> By: Timothy http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11896 Thu, 31 Mar 2011 03:23:14 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11896 I don’t know how much I buy it, but Ted Castronova has discussed the idea of an “exodus recession”-he’s inspired by virtual worlds, but it’s the same kind of thing:
http://terranova.blogs.com/terra_nova/2010/11/an-exodus-recession.html

]]> By: Stickybuffalo.com » Braindump, March 30, 2011 http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11890 Thu, 31 Mar 2011 00:12:10 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11890 [...] an item (incidentally) about that Facebook thing: more than half of all Americans are at least nominal members. Granted, I should be used to [...]

]]> By: Karl Smith http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11882 Wed, 30 Mar 2011 14:21:57 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11882 I stand corrected

]]> By: Pablo Garcia http://modeledbehavior.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11880 Wed, 30 Mar 2011 14:08:29 +0000 https://modeledbehavior.wordpress.com/2011/03/30/the-great-stagnation-and-the-socialvore/#comment-11880 While I think you are right, I just want to point that you are giving a lot more credit to Facebook in the hotel aspect: $5*365*300M = 547B, BUT the 300m should be: (300*.51). Essentially cutting the gdp to 547*.51 which I think then makes up 1.5% of national gdp, but then goes up again to about 547 when you consider it could be up to 10$

However, I think internet is being commoditized ( I think thats the right term), that it will no longer be a luxury to have internet in hotels but a standard. Then it is just an added cost passed on to the customer. Once it that cost +some small profit is averaged out to every customer, I think we are looking at something farless than 5$. If a hotel chain charged 5 extra per room, they’d have the internet bill paid off in a week and have 3 weeks of profit per month (Thats my guess). I think if that was the case, and it became a pricing war (which to me hotels tend to be, except for luxury hotels), then that profit might begin to dwindle to give their franchise an advantage.

Maybe i’m looking at it the wrong way. But for the most part I think I agree with what you say.

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