Network Effects and Exponential Growth Explained Intuitively скачать в хорошем качестве

Network Effects and Exponential Growth Explained Intuitively

Network effects are a prime example of exponential growth. We might even use them to answer the question: Why is Twitter so successful? Why does Facebook dominate so much? If you want to understand why social networks like these are so successful, you first have to understand how networks work, and how the VALUE of those networks grows exponentially with size. This Data Bite expands on topics covered in my video Covid-19 Exponential Growth and Compound Interest. You'll learn about network effects, exponential growth in value, and why social networks as successful as they are. I'm Jeff Galak, PhD, and I do this all without ever using any fancy jargon or any complex math. I focus on intuition and and insights to help you get an intuitive understanding of complex, important, and timely topics in statistics, data science, and data analytics. Link to video about me and why I made this channel:    • Data Demystified - Who Am I and Why Am I M...   Link to video about Covid-19 Exponential Growth and Compound Interest:    • Covid-19 Exponential Growth and Compound I...   Follow me at: LinkedIn:   / jeff-galak-768a193a   Patreon:   / datademystified   Equipment Used for Filming: Nikon D7100: https://amzn.to/320N1FZ Softlight: https://amzn.to/2ZaXz3o Yeti Microphone: https://amzn.to/2ZTXznB iPad for Teleprompter: https://amzn.to/2ZSUkNh Camtasia for Video Editing: https://amzn.to/2ZRPeAV