Quote:
Originally Posted by Paul Markham
The number of surfers doesn't make any money, it's the number of buyers that do. Back then with 10% of the traffic everyone was making 10 times more money. And everyone was saying traffic is king. LOL
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if you would understand at least the basis of economy you would know why.
look her eis a statistic of the worldwide internet usage til 2017
the strong increase is because lower costs for internet connection attracted the groups with lower purchasing power.
if you think that you and the other neandethales would still make the money in a market where only the rich are cosuming you are completely wrong. eepecially in the top segment of the purchasing pyramide you would be kicked out faster as you can blink.
only 30-40 years ago a flight from europe to the united states was a 2 month wages for a normal worker. this is why fewer people could afford to fly and fewer airlines have been on the market. the falling price made it possible that every worker could afford such a flight (what is called PROSPERITY) and not only the competition is higher but there are around 50 times more jobs created around airtravel.
when my family got the first telephone in 1959 we have been the only one in the street and i had to go 20 times per day to our neighbors because someone called fro them.
the costs for the telephone compared to the household income in that time have been around 100 times higher. and if that would not go down i would probably still call my neighbors. in that time there have been all over germany around 10.000 jobs around telephone biz. today there are around 3 million.
as i said - if you would even understand 1% about economy you would simply not make such stupid statements.