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🗓️ 15 July 2017
⏱️ 27 minutes
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0:00.0 | Hi and welcome to the A16Z podcast. I'm Hannah and today we're talking with the authors of two new books |
0:05.9 | about popularity and addiction and really why it is that we like the things we like with Derek Thompson, |
0:12.5 | author of Hitmakers, The Science of Popularity in an Age of Distraction, and Adam Alter, |
0:18.0 | author of Irresistible, The Rise of Addictive Technology and the Business of |
0:22.0 | Keeping Us Hooked. So what does it really mean to be popular? What is the nature of popularity? |
0:28.1 | As I was going around the country to talk about this book, one of the questions that I got all |
0:32.7 | the time was, is Donald Trump popular? On the one hand, he seems to have legally won this popularity contest, |
0:39.9 | national popularity contest, despite technically losing the popular vote. But he's also one of the least |
0:45.8 | popular presidents at this point in history. So is he popular? And if the definition of popular is |
0:51.7 | the quality of being well liked by the most people, then that definition |
0:56.0 | of popularity almost never applies to the biggest hits. A book that sells one million copies |
1:02.8 | in a year is a runaway bestseller, but one million sales means that 99% of the country |
1:09.4 | didn't buy it. Or if 10 million U.S. households |
1:12.0 | watch a new show, it's a smash hit that 90% of households never saw. Right. It never has to be |
1:18.6 | about majority. The point is Trump is a cult hit. And perhaps every single hit in an age of abundance |
1:25.1 | is a cult hit adored by a minority but from a majoritarian |
1:30.8 | perspective broadly unpopular if the threshold of a hit is to get a commercially viable minority |
1:37.4 | to adore you and if the understanding is that popularity is cultish then culture is cults all the way down. People are most |
1:47.5 | reliably drawn to new ideas that remind them of old ideas. What they like is sneaky |
1:54.2 | familiarity in their songs and their products, the heart of popularity, this familiarity and |
1:59.5 | surprise. Do you mean familiarity that we don't think is familiar? |
2:03.3 | Is that what you mean by sneaky? |
... |
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