Scarcity and Value

Scarcity in the Software Century

So far in Scarcity in the Software Century, we’ve used the term scarcity in a few different ways:

-We’ve talked about scarcity as demand: when consumers want something, particularly in excess of its availability, we say that that thing is scarce.

-We’ve talked about scarcity as friction: when we face difficulty, obstacles, or expenses in life that must …