{"id":3344,"date":"2009-07-14T05:00:00","date_gmt":"2008-11-19T10:20:06","guid":{"rendered":""},"modified":"2009-07-13T16:46:53","modified_gmt":"2009-07-13T10:46:53","slug":"value_flows_from_abundance","status":"publish","type":"post","link":"https:\/\/tkdev.kk.org\/newrules\/value_flows_from_abundance\/","title":{"rendered":"Value Flows from Abundance"},"content":{"rendered":"<p>Plentitude, not scarcity, governs the network economy. <span class=\"nr-highlight\">Duplication, replication, and copies<\/span> run in excess. Whatever can be made, can be made in abundance. This plentitude:<\/p>\n<ul>\n<li>drives value<\/li>\n<li>works to open up closed systems<\/li>\n<li>spins off immense numbers of opportunities <\/li>\n<\/ul>\n<p>Consider the first modern fax machine that rolled off the conveyor belt around 1965. Despite millions of dollars spent on its R&#038;D, it was worth nothing. Zero. The second fax machine to be made immediately made the first one worth something. There was someone to fax to. <span class=\"nr-emphasis-less\">Because fax machines are linked into a network, each additional fax machine that is shipped increases the value of all the fax machines operating before it.<\/span><\/p>\n<p>This is called the fax effect. The fax effect dictates that plentitude generates value.<\/p>\n<p>So strong is this power of plentitude that anyone purchasing a fax machine becomes an evangelist for the fax network. &#8220;Do you have a fax?&#8221; fax owners ask you. &#8220;You should get one.&#8221; Why? Because your purchase increases the worth of their machine. And once you join the network, you&#8217;ll begin to ask others, &#8220;Do you have a fax (or email, or Acrobat software, etc.)?&#8221; Each additional account you can persuade to join the network substantially increases the value of your account.<\/p>\n<p>When you buy a fax machine, you are not merely buying a $200 box. <span class=\"nr-emphasis\">Your $200 purchases the entire network of all other fax machines in the world and the connections among them<\/span>&#8211;a value far greater than the cost of all the separate machines. Indeed, the first fax machines cost several thousands of dollars and connected to only a few other machines, and thus were not worth much. Today $200 will buy you a fax network worth $3 billion.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/kk.org\/newrules\/img\/VNRF$$05.jpg\"><br \/>\n<span class=\"nr-caption\">The low price of a fax machine today buys you an entire network, consisting of eighteen million machines. Each additional unit sold increases the value of your machine.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plentitude, not scarcity, governs the network economy. Duplication, replication, and copies run in excess. Whatever can be made, can be made in abundance. This plentitude: drives value works to open up closed systems spins off immense numbers of opportunities Consider &hellip; <a href=\"https:\/\/tkdev.kk.org\/newrules\/value_flows_from_abundance\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"1","ping_status":"1","sticky":false,"template":"","format":"standard","meta":[],"categories":[194],"tags":[],"_links":{"self":[{"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/posts\/3344"}],"collection":[{"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/comments?post=3344"}],"version-history":[{"count":0,"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/posts\/3344\/revisions"}],"wp:attachment":[{"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/media?parent=3344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/categories?post=3344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tkdev.kk.org\/newrules\/wp-json\/wp\/v2\/tags?post=3344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}