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Internet companies' monetized demand routing has created inefficiency; it is not all deadweight loss, but it is not great.
Drawn from what Patrick Collison said
What Patrick Collison actually said
- Patrick Collison Co-founder and CEO of Stripe and co-founder of the Arc Institute
This has led to some amount of inefficiency, as companies try to propitiate capricious ranking algorithms and incur various placement fees. It's not all deadweight loss (willingness to pay is itself a kind of signal, which is valuable to buyers), but it's not great.
Added to korrents 11 Oct 2026 · How quotes work · Something wrong? Tell us
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