This was always true, right? With enough $, you can employ N writers. But the constant factor is smaller than it once was.
This was always true, right? With enough $, you can employ N writers. But the constant factor is smaller than it once was.
You could not employ N writers even if you had the money, because there were not enough good writers. And they needed to care about remaining adjacent to reality, or their reputation would (rightfully) be ruined as a fraud. Things were slow enough that the average person could see that they were being bullshat. These were the golden ages of human progress.
It's not the world we live in today.
Historically you’d quickly reach a point where each additional writer was more expensive than the last.
As long as you can use those writers to operate a business near profitably then they are really cheap, but FOX can’t profitably employ 100,000 writers.