Saved by Supritha S and
Speculation is the new luxury good
The social returns to prescient taste and committed fandom just went up dramatically. This dynamic will upend how cultural trends are born, financed, grow and die, change marketing and community building, and turbocharge the value of influence. It will also create a backlash to the financialization of every aspect of creativity, and leave us to gra... See more
Jonathan Glick • Proof of Passion
The Distance Model of Status and Brands: Columbia Professor Silvia Bellezza came and spoke to us at Exposure.. It's the idea that old status signifiers used to go upmarket (more money, more access, more time) but when all of that has become democratized, our new model of status is about gaining distance from the mainstream. It so eloquently explain
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I think all of this feels more natural to people who are immersed in the fine art market, or the market for rare limited-edition sneakers, etc. (I am not!) These are markets in which scarcity by design is a huge part of the fun, and that’s not true for all, or even most, markets for creative work. (I’m thinking of the market for, say, streaming TV ... See more