It's easier to convince people to use a product because it solves a problem they already have, rather than try to fundamentally alter their worldview by shoving The Sovereign Individual down their throats.
While social platforms are proving effective at pressure testing and gauging the customer response for new ideas, sometimes the general public isn’t the best curator for what’s next. It’s not just about the critical mass (how many people like something), it’s also about the credible mass ( who likes something). As algorithms mature, I suspect socia... See more
To his surprise, the emotional hue of a word can invert the meaning of a sentence. People often care less about the truth of their beliefs than the consequences of believing something for fear of being ostracized from their social group.
But the one absolute killer feature of warrens is that they allow your community to become almost perfectly scale free and grow like mad without ever sacrificing quality.
In 1997, David Bowie wanted a liquidity event. Instead of steadily receiving royalties from his 25-album music catalog throughout the next decade, Bowie decided he’d rather receive a lump-sum payment. This led to Bowie Bonds: a set of bonds backed by the royalties from Bowie’s music catalog. Notably, Bowie wasn’t selling his music indefinitely. The... See more
Tech platforms can’t ask users to make an unlimited number of decisions, as it introduces too much complexity into the product. Companies will still have to draw hard lines around tricky issues, including hate speech and misinformation. And introducing choices won’t change the fact that, as in all software, most people will simply stick with the de... See more