Sarnoff observed that the value of his network seemed to increase in _direct proportion_ to the size of the network - proportional to _N,_ where _N_ is the total number of users on the network. ![[Pasted image 20211031113930.png]] As it turned out, Sarnoff's description of network value ended up being an underestimate for some types of networks, although it was an accurate description of broadcast networks with a few central nodes broadcasting to many marginal nodes (a radio or television audience). #mentalmodel