SOCC47H3 Lecture Notes - Lecture 4: Probability Density Function, Clay Shirky, User-Generated Content
Document Summary
Quick recap: all hits are flukes nobody knows anything so how to make decisions. Legitimatize decisions using genre, imitation and reputation. So(cid:373)eti(cid:373)es people use i(cid:373)itatio(cid:374) to keep the(cid:373)sel(cid:448)es fro(cid:373) getti(cid:374)g fired. Should(cid:374)"t (cid:271)e (cid:272)riti(cid:272)al about it because we want to see these imitations. Co(cid:374)(cid:272)ert ti(cid:272)kets are e(cid:454)pe(cid:374)si(cid:448)e (cid:271)e(cid:272)ause it"s u(cid:374)a(cid:448)oida(cid:271)le for li(cid:448)e perfor(cid:373)a(cid:374)(cid:272)es to get e(cid:454)pe(cid:374)si(cid:448)e o(cid:448)er ti(cid:373)e. Other products like cars take less time to make as years go by. Consumer goods are (cid:272)heaper to produ(cid:272)e o(cid:448)er ti(cid:373)e. co(cid:374)(cid:272)erts (cid:449)ill al(cid:449)a(cid:455)s (cid:271)e the sa(cid:373)e le(cid:374)gth. It does(cid:374)"t take less ti(cid:373)e as years go by. It"s i(cid:373)possi(cid:271)le to (cid:373)ake li(cid:448)e performances more efficient. Service work between people like performing arts, health care and education have to get more expensive over time. Less people to pay or quality of show being decreased or decrease the pay of artists are the only solutions to this cost disease. Most media industries operate on a system of advances.
