Podcast for 13 October 2014

Started by MrBogosity, October 12, 2014, 06:00:38 PM

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[mp3]http://podcast.bogosity.tv/mp3s/BogosityPodcast-2014-10-13.mp3[/mp3]


Co-Host: Travis Retriever

News of the Bogus:
35:32 - Biggest Bogon Emitter: Dr. Oz http://theness.com/neurologicablog/index.php/dr-oz-autism-and-gmos/
Spurious Correlations http://www.tylervigen.com/

45:05 - Idiot Extraordinaire: European adult industry http://www.theguardian.com/culture/2014/oct/05/sex-sell-decline-british-porn-xbiz-regulations-children

This Week's Quote: "[W]e published a whole series of studies of regulation and its effects. Almost all the studies--perhaps all the studies--suggested that the results of regulation had been bad, that the prices were higher, that the product was worse adapted to the needs of consumers, than it otherwise would have been...I can't remember one that's good...There were so many studies, and the result was quite universal: The effects were bad." —Ronald Coase

A lot of the complaints the European porn marketers were making seemed to be of the form "We used to be able to make money with [business model that doesn't really make a lot of sense], but now we can't because of free porn sites!"

They've really got two quite different complaints:  The first is the pre-internet style distribution channels like traditional porn shops having a hard time.  This is no different than any other old-media distributor complaining that all the profit has gone out of obsolete business models.  The second is that a lot of the formerly profitable internet porn sites are no longer profitable because they weren't really using good business models to begin with.  This is just the dot-com crash delayed by 15 years, the delay coming from the fact that they didn't boom to the same extent so they didn't crash out as fast, and the huge amount of money that can be made in porn cover up how bad some of these business models really are for a long time.  (This leaves aside the fact that, unless they're inexplicably different from their US counterparts, which they won't be since a lot of the same content comes out in the US as well, they're massively saturating the market, releasing enough hours of content per day to take weeks to play through, were you inclined to actually watch it all.)