So, representing systems dynamically is important for learning about and understanding systems deeply. This is important for both novices and experts. However, dynamic representations of systems are not just useful for learning. Dynamic simulations are models of some interacting phenomena, which makes them able to predict things.
To those who say, “Well, wouldn’t it be better if the person with good ideas had been the one to get fabulously wealthy instead?” – sure, but in the same way that a founder wants to focus on building their company, not being an investor, sometimes “idea operator” types aren’t the same people who have eight-to-ten-figure startup outcomes. In this... See more
I don’t think ‘public utility’ is the most useful metaphor to understand what Twitter and its peers actually are.Public utilities make sense when the product is a simple commodity, essential for everyday life, and delivered through a set of pipes that are incredibly expensive to install and maintain.
Similarly, in a mature DAO, individuals will be able to understand a part of the network (local context), but they will not be able to appreciate it as a whole (global context). Individuals will interpret the DAO in their own way, and explore directions that affect their local context without having to consider the context of the whole. As they... See more
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.
💡 30 Ideas as we wrap @beondeck's 19th Cohort 💡
Here are 30 ideas about founders, startups, San Francisco, sales, fundraising, and more taken from the second half of the program — sourced from fellows, guests, and me (blame me for the ones you disagree with most vehemently… Show more
A central thesis is that all products are asking things of their customers: to do things in a certain way, to think of themselves in a certain way — and usually that means changing what one does or how one does it; it often means changing how one thinks of oneself.
DAOs are an example of idea machines that can be initialized by a community. It may require more work to raise the funds and awareness to capitalize an idea machine without a major funder, but once they are initialized, DAOs must adopt similar tactics – develop an agenda, spin up and fund support organizations, invest into scene building, attract... See more