Jeff Ryan

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The term network effect generally refers to systems that gain in utility the more people use them. A single telephone is not very useful, but once enough people have them, it is very hard not to join the network. So too, the competition in social networks has been to assemble massive user bases, because the lock-in is not via software but through the number of other people using the same service.
WTF?: What's the Future and Why It's Up to Us
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