product strategy at New_Public; previously community & growth @ Geneva
But no one is investing hundreds of billions in AI companies because they think AI will make radiology more expensive, not even if that also makes radiology more accurate. The market’s bet on AI is that an AI salesman will visit the CEO of Kaiser and make this pitch: “Look, you fire nine out of 10 of your radiologists, saving $20m a year. You give... See more
But the internet’s history suggests that, if these products succeed, they will follow what Ben Thompson calls the 90/9/1 rule: 90 percent of users consume, 9 percent remix and distribute, and just 1 percent actually create. In fact, as Scott Galloway has reported, 94 percent of YouTube views come from 4 percent of videos, and 89 percent of TikTok... See more
During my aborted first attempt at flying to Duluth, when I was stuck for four hours on the tarmac with a planeload of Duluthians, I was reminded of another American fallacy—the idea that we are transient people, with no sense of place. That is certainly true of me, and most readers of this, and of the Northerners who filled my Florida in the ‘70s,... See more
As we are fed more content, we are pushed deeper into algorithmic niches. In return, we are encouraged to engage with more extreme and polarizing identifiers because it is more labelable, more indexable by the machine — the creation of the “Island". On this island, the slang, in-jokes, and archetypes which emerge as a community develops in... See more
A reproducible testing process is more valuable than any one idea. Innovate here first.
All things equal, a team with more shots at bat will win against a team with an audacious vision.
“Strategy is accepting that you are doing something better than the other and the other is doing something better than you. You have to pick your fight.”