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This situation creates a very difficult position for Netflix’s smaller-scale streaming competitors. If they offer the same deliverable as Netflix, similar amounts of content for the same price, their P&L will suffer. If they try to remediate this by offering less content or raising prices, customers will abandon their service and they will lose market share. Such a competitive cul-de-sac is the hallmark of Power.
Distrust sows distrust. It creates a feeling that the only person you can count on is yourself. Distrustful people assume that others are out to get them, they exaggerate threats, they fall for conspiracy theories that explain the danger they feel.
How to Know a Person
David Brooks
To generate snap judgments, the brain can’t be overly demanding about information. Instead, it proceeds on the basis of what Kahneman calls “WYSIATI” (What You See Is All There Is), meaning an assumption that whatever information we have on hand is all the information available to make the decision.
How Big Things Get Done
Bent Flyvbjerg and Dan Gardner
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