@Noahpinion Quite moderate overruns in the scheme of things. Spare your sympathy for the Anglo projects like California’s or HS2 in the UK. https://t.co/1QZezRh9Vx
@daveg Seems more likely to me that there will be different tiers. Fast cheap ad-supported answers, for the masses, and subscription services for the more expensive queries. As it ever was.
@Noahpinion Average merchant fees for WeChat Pay and Alipay are about 0.5%, compared with 3% for traditional US credit and debit cards. Might be boring to you, but all these US oligopoly rents add up. Helps explain why US GDP is so high, while people feel so stretched.
@daveg Tons of companies have tried subscription services throughout the Internet era. But — with the exception of Netflix and a few others — it was the ad-supported services that achieved massive scale.
@pegobry_en The old blogosphere was one big tent, for sure. Elizabeth was friends with @balajis back in the day. And Andrew Breitbart threw the party for Gawker’s LA offshoot. And then new lines were drawn.