Quote:
Originally Posted by Dumas
haven’t said it was …
And yet it does because scarcity doesn’t exist for digital goods. Digital goods can be copied infinitely at zero cost. Therefore, the supply is effectively infinite. The marginal cost for each new copy is zero. Are you saying otherwise?
You’re joking, right?
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Value and cost are not the same thing. Saying value approaches zero is a mistake. The value of something is not necessarily related to its availability. Not everything is based on supply and demand IMHO. Some things are valuable even if they cost nothing. All software in your mind would have zero or close to zero value yet a computer is worthless without software. There is value add and intrinsic value to intellectual property. And I am not kidding. Worth is often determined by the price people are willing to pay to enjoy it but that is unrelated to the cost of making a copy. Years may go into the development but in your mind since it can be copied for zero cost is value approaches zero as well.
Dale