LOOPY - Success to the Successful

 18th December 2022 at 8:13pm

Sometimes a tiny head start grows into an enduring advantage. In a "Success to the Successful" situation two positive feedback loops wrestle for dominance. When A gets ahead A gets more resources, which helps it move further ahead of B, which gains it still more resources – and on and on, until B is driven into bankruptcy. (Or until the model breaks down: when external factors intervene, another competitor appears, the market saturates, there's an antitrust lawsuit, technology changes, ...)

(causal-conceptional-connection-cartoon thanks to LOOPY, an ultralight tool for systems thinking ©2021 MITRE Corporation ...) - ^z - 2021-09-08