When we did the large focus group where we split the room by generation--kids on the left, parents on the right--a strange thing happened [...] the parents' side of the room was full of chatter [...] On the kids' side, everyone was buried in their phones #AzizAnsari

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Adam Smith called it the paradox of value: when an important good becomes plentiful, it costs far less than what people are willing to pay for it. The difference is called consumer surplus, and the explosion of this surplus over time is impossible to tabulate. #StevenPinker