It's sort of fascinating because you're kind of speaking to the question of entertainment, right? Maybe in ancient times philosophers would have referred to this as the question of leisure. But a ton of entertainment, it's this sort of puzzling thing economically. You know, it's this thing that doesn't fit very well in any economic – or at least in most economic models of like, okay, so you're kind of paying for this thing. And it's like taking away more of your time. It's like you're going to pay to like lock – you know, getting locked in this dark room and like staring at the screen for two hours, right?
Or, you know, maybe like three and a half hours in the case of the Odyssey. And actually, like people love this. Of course, like at a very practical level, it's like, well, duh, people want to go see the movies and it's a good movie. I do think the Odyssey is a pretty good movie, you know, faith or or lack thereof regardless but um it is this fascinating question of like well how does that actually work at you know so so there's some things where it's kind of obvious how it works economically like okay well you'll produce some food people people kind of need roughly the same same amount of food you know maybe more sometimes you know people's preferences change especially as things get cheaper Maybe less, actually, you know, with GLP-1s. But more or less, people need food, and then you're kind of like paying, they're paying for food, and then you're
giving them food, and then, you know, you have some economies of scale there. And in the past, especially the past 30 years with the internet, there's been this big question of how the internet economy even works, especially at a consumer level. There's been increasingly more complaints about, like, oh, is it just, like, advertising hype? Is it just, like, kind of addiction? Is it almost like drugs in a way with people on Facebook or Instagram or TikTok or whatever? And, of course, you know, the underlying theme of all those conversations is, like, in some sense, you don't need this stuff, right?
You don't need to be on TikTok. You don't need to be on Facebook. I mean, like, I kind of, you know, make money either directly or indirectly through Twitter, and I think you do too. But, you know, in some sense, I don't need to be there. So what is it that you're actually selling? And I think that, you know, the simple answer is entertainment, and the long answer, which I'm kind of in the process of giving, is something like more and more of the market, more and more of the economy will be about finding the thing that people wanted before they know they want it.