Notoriously Curious, Data Science Nerd & Entrepreneurship Advocate
Author of CuratedCuriosity - a bi-weekly newsletter with hand picked recommendations for your information diet
The thing is, consumers in the bottom 78% of US workers live paycheck to paycheck, they already spend everything they have each month.They’re not holding back additional money, waiting for the right product to appear. Which means all this advertising is creating little additional growth and wealth, it’s just taking it from other companies.
For most of us, what we do with our lives isn’t cosmically significant. But if you can delude yourself a little bit that your Important Projects are going to Change the World, this will probably make you better at what you do, and ultimately help you collect more grubby resources and status and so on.
Take a chance. People in their 70s, 80s, 90s and beyond endorse taking risks when you’re young, contrary to a stereotype that elders are conservative. Their message to young people starting out is “Go for it!” They say that you are much more likely to regret what you didn’t do than what you did. As one 80-year old, successful entrepreneur told me:... See more
Prediction: There will be a bimodal distribution of remote work. At the top end it will allow organizations to employ the best people regardless of their location, and freed from the drag of commuting and distractions of the office, they'll be even more productive.
Howes says that “innovation is not in human nature, but is instead received. … when people do not innovate, it is often simply because it never occurs to them to do so.” Joel Mokyr says, similarly, that “progress isn’t natural” (and his book on this topic, A Culture of Growth, helped inspire this blog). I agree with both.
Reflexivity is at work in talent markets as well. (...) No prospect is more attractive to a 10x engineer than working with other 10x engineers, and no opportunity is more irresistible to an investor than funding a team of 10x engineers.
Milton Friedman famously declared that the welfare state and open immigration cannot coexist; otherwise, the former would serve as a powerful attraction, encouraging low-wage foreigners to move in and putting the system on dicey financial footing. That’s a big oversimplification, for a number of reasons. But any country thinking of embarking on a... See more
Basic jobs don’t help the disabled. (...) First, the disability application process is a mess. Imagine the worst DMV appointment you’ve ever had to obtain the registration to a sketchy old car you got from a friend, then multiply it by a thousand – then imagine you have to do it all while being too disabled to work. (...) Second, disability is... See more