The Market for Lemons - Infrequently Noted
New web services are being built to a self-defeatingly low UX and performance standard, and existing experiences are now pervasively re-developed on unspeakably slow, JS-taxed stacks. At a business level, this is a disaster, raising the question: why are new teams buying into stacks that have failed so often before?
For most of the past decade, I have spent a considerable fraction of my professional life consulting with teams building on the web. It is not going well. Not only are new services being built to a self-defeatingly low UX and performance standard, existing experiences are pervasively re-developed on unspeakably slow, JS-taxed stacks. At a business level, this is a disaster, raising the question: "why are new teams buying into stacks that have failed so often before?" In other words, "why is this market so inefficient?" George Akerlof's most famous paper introduced economists to the idea that i
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