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richardhutnik on 31 July 2011
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HappySqurriel said:
richardhutnik said:

How about 99 cent phone apps that only require a team of a half a dozen people, for free or for sale for 99 cents, based on Android or open source, and where you don't need a lot of people?  You know, the entire planet gets into Angry Birds, or ends up playing Freecell or Minesweeper?  People decide not to update their current technology, and stick with what they have?  In short, it doesn't require more labor than employed now but is used more.

Also, where does increased free time indicate that people will be able to afford to spend money on anything?  They could look at much lower incomes, and thus adjust their lifestyles accordly, as I know I have.  You think I am buying a 3DS at this point?  Sorry, no money for it.  Money goes for keeping the car on the road.


In the not too distant future, when 3 to 6 Billion people own smart-phones then the sale of a $0.25 phone application to insignificant niche audience of 0.05% of the population translates to $375,000 to $750,000; and if you could bring in an "amazingly large" $1.00 from and unbelieveably large 0.5% of the population you earn $15,000,000 to $30,000,000. In an environment like this people can be highly successful targeting a very small niche.

As e-ink gets cheaper and better you will start to see $10 to $25 digital frames that people can hang on their wall each powered by a small solar cell. This will translate into a world where hundreds of millions of people own dozens of picture frames that each have dozens or hundreds of images on them, and these images may change randomly or could be used to change the style of the room at the demand of the user. Artists and photographers will have the opportunity to make a living selling their works for next to nothing to individuals but (due to the lack of overhead) the total amount of money collected per work is far more than most artists could ever dream of.

On leisure time, unless you're sitting around staring at a blank wall you would have difficulty doing something in your spare time which didn't consume the product or service that someone is providing.

I am wondering how viable the business model here will be.  Considering my current personal situation, I am hoping something works out.  I am producing a lot of IP in my spare time, and want to monetize it.