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only so many spots for top websites

That's false, if you define top by revenue. There is no reason to believe there's any limit to the amount of newly created wealth consumers can absorb.



There's probably a limit on profitable websites based on the number of people out there. No comparison, though, to the number of spots in academia.


There's no limit to wealth that can be created, the ability of consumers to consume does have limits. But consumables are far from the only way to create value in an economy.




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