Or more specifically, generative AI applications are like water. We've looked at hundreds of AI companies, and much like bottled water, many of them are the exact same under the hood.
This is just the reality: there will be 100 teams trying to do what you are doing, in the same way you are doing it. True tech differentiation in AI... See more
The divide between those who do and don’t own capital is an important driver of widening wealth inequality [50]. Forms of accessible co-ownership could be an antidote to chronic wage stagnation and anxieties about job-replacing automation.
Why do some people achieve so many of the things they want, and others not? Do people have a fixed budget of things they can achieve in a lifetime? It doesn’t seem so. Rather, it seems like our achievement budget is a function of the number of priorities we have. Interestingly, it seems to be a nonlinear function. Meaning that if you go from 4 prio... See more
Why would any company pay when they could get software for free? And yet we saw the opposite: open source software enabled an explosion in software products that yes, people paid for.
Correct attribution in Web3 isn’t some horrible intrusion of skeumorphic Web 2 machinery, it’s a way to correctly credit a digital asset (and ultimately its owner) with the revenue they produced, in whatever downstream form. It’s the causal link that joins a human interacting with virtual goods and the very real revenue they eventually generate.
The federal regulation of foundations didn’t mean the death of idea machines, however. It just meant that that foundations were no longer the best place to house them. It’d be like if the government decided to heavily regulate Delaware C Corps: if it were bad enough, founders would stop using them for startups, but they’d eventually find some other... See more
There should be Retroactive Public Goods Funding for those founders crazy enough to try something truly new that failed as a business but succeeded in creating useful mutations, maybe even ticker tape parades, and certainly not derision.
Venture capital actually does a pretty great job here (the beauty of the model is a subject for a future piece, ... See more
I expect that effective altruism will always be an example of what I’ve called “club” communities elsewhere: high retention of existing members, but limited acquisition of new members, like a hobbyist club. EA will continue to grow, but it will never become the dominant narrative because it’s so morally opinionated. I don’t think that’s a problem, ... See more
If you’re trying to replicate DARPA’s success, most of the structural bits are a distraction. They’re certainly useful, but if you don’t get the agentic program leader piece right, nothing else matters.