A persistence paradox
Fang Wu, Bernardo A. Huberman,
Jan 06, 2010
You have worse odds of scoring a YouTube hit than of winning the lottery, and they don't improve with persistence. "The empirical hit probability for a YouTube producer is lower than that of a lottery buyer regardless of the persistence level. In particular, while the success probability of a lottery buyer with persistence level 100 is 63.4 percent that of a YouTube producer with the same persistence level is only 22.6 percent. Thus, the benefit of persistence on YouTube is much worse for content producers than that of a lottery." More from the January edition of First Monday.
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