Future Runoff

From Cyborg Anthropology
Revision as of 21:32, 25 April 2011 by Caseorganic (Talk | contribs)

Jump to: navigation, search

Definition

Future runoff is a term used to describe the propensity of an object to lose value outside of a certain context or situation. For example a glow stick at a concert costs $5, but has a $2 value outside post-event. Similarly, items which once had value in a certain time period (an Apple iPhone, for instance) may have no value in only a few years. Deprecating value is a result of quickly developing object-based economies.