The story had paused for more than two thousand years and with a surprise discovery was then suddenly back in play. In the 1940s and 1950s a sad mismatch of incentives after the discovery of the Dead Sea Scrolls led to the destruction of parts of the ancient biblical documents. That destruction was something that no one wanted and yet, with these priceless historical items, it was logical. Why? Continue reading “Incentives”
The Opioid Crisis (and addiction-based business models)
It’s common for scalable companies with good business models to involve addiction.
I mean addiction in a broad sense. This includes addiction to both physical products and digital goods and services. Addiction is a retention metric.
And retention (how long someone stays a paid customer or user) is what fuels many businesses. Let’s look at this with opioid addiction, focusing on Purdue Pharma’s product OxyContin. What second-order effects drive the opioid crisis?
Continue reading “The Opioid Crisis (and addiction-based business models)”