Short term value, long term damage in the mobile App Stores
Lex Friedman: It’s no shocker that free apps are vastly more popular than paid apps; everyone likes getting something for nothing. But it is surprising that folks consider a $3 app expensive, and a $10 app downright exorbitant. I know people who play the same iOS game every single day, but choose to stick with the free version—despite its constant, intrusive ads—rather than pony up $5 just once to go ad-free forever… I’m neither an economist nor a psychologist, but it strikes me that too many iOS device owners fail to act in their own best interests—both in the immediate





