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It’s a subtle but massive difference in mindset. Traditionally, businesses create all the value for the consumer. Community-driven businesses create spaces for consumers to create value for each other.

The “problem” with expanding the web of connected things is that “right” answers become few and far between. Instead of a “next step,” you see more questions. Instead of the confidence of an “action plan,” you feel the gentle anxiety of ambiguity.

Our brains function along a spectrum, from entropy to rigidity

Instead of the commonly-accepted “infrastructure phase,” Grossman and Grant argued, crypto was in another turn of the apps-infrastructure-cycle. “The history of new technologies shows that apps beget infrastructure,” they wrote, “not the other way around.”

Spaces aren't about getting a clear goal accomplished. A space is a place for non-goal directed, exploratory activity. Like jazz jam sessions, art studios, or conversations with friends. At larger scale, research labs, festivals, and universities count as spaces. Online games like Roblox and Minecraft are spaces. What do I mean by non-goal directed... See more

In the current phase, many edtech founders have shifted their focus to after-school and out-of-school supplemental learning.

You can talk all you want about having a clear purpose and strategy for your life, but ultimately this means nothing if you are not investing the resources you have in a way that is consistent with your strategy. In the end, a strategy is nothing but good intentions unless it's effectively implemented.

- Updating — Doctors are busy people, they understandably might not have time to keep up to date with all the new research, devices, etc.

Facebook has bet big on AR and VR as the next smartphone (and as potential liberation from Apple's control), so Mark Zuckerberg has naturally started saying metaverse a lot. But VR today seems to be at risk of stalling out as no more than a subset of hardcore games.