One of the key principles of money is ‘opportunity cost.’ It means that when I buy something, I have to give up something else in return. We think we buy because we need something, but we often forget that we could buy something else instead. We rarely consider ‘opportunity cost’ when making a purchase. We do not compare other values against our needs. Buying something means giving up something else, but we often don’t realize it. When we spend money, we should also consider the ‘opportunity cost’; yet, in reality, we aren’t trained to do so. By making a purchase, we bypass the value comparison that may not offer any additional benefits. Maybe it’s because we lack knowledge, or perhaps the idea isn’t appealing. - Joseph’s “just my thoughts”
In the future, those who effectively manage the “signifiant” as opposed to the “signifié” will prevail. For instance, if you post food content on Instagram, viewers are not interested in every single menu item. Such details can be found anywhere. Even a self-boarded student prepares and enjoys their meals. If the food represents the “signifié,” then the arrangement of the food itself is the “signifiant.” What users engage with on Instagram is not merely the food but rather the presentation that signifies it. Without a message that stands out, your Instagram is likely to get lost among countless other posts. Remember, the medium is the message, and the message is the medium. - Joseph’s “just my thoughts”