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“And so I think — both in terms of being able to afford the amount of talent you need, as well as not having them working in as close quarters — you’ll see shorter menus, shorter wine lists. And I think that’s not a bad thing. Because I think people want better but they don’t need more.”
The New Consumer • Danny Meyer explains how the dining experience will change
Unlike going to Substack to catch up on some newsletters (which as you know by reading mine, takes time) — TikTok unlocks rapid dopamine hits. Making it “an ideal app” to open up when you have even a minute of idle time.
Jaryd Hermann • ByteDance | TikTok: Origins, How They Grow, and The Future of The Internet
Author E.B. White once captured the essence of why. “I wake up in the morning unsure of whether I want to savor the world or save the world,” White said , “This makes it hard to plan the day.”
Ben Casnocha • 10,000 Hours With Reid Hoffman: What I Learned
-Requiring all payments for digital content to use Apple’s in-app purchase system (IAP)
Yash Bagal • Apple is Holding Back the Creator Economy
NFTs = property rights
We just added property rights to the internet, a place w/ 4.6 billion ppl
What happens when you add property rights to an economy that didnt have any?
in 1978 China (1.2b ppl) added property rights to its economy, 40 years later = worlds largest economy
Andrew Steinwoldtwitter.comLinkedIn may have been a big reason for this: when GLG was getting started, coming up with a list of people who'd worked in, say, oil refining, or aircraft maintenance, or in billboard ad sales was not easy, and being able to offer people from any of those industries on demand was a competitive moat. Now, $80/month for LinkedIn Premium is enough to... See more
Byrne Hobart • The Diff | Byrne Hobart | Substack
[J]ust imagine taking [privatization] to its absurd extreme. Imagine if we could privatize city streets and create ownership rights for the air. Every time you walked out your door, you would have to pay some fraction of a cent for the privilege. Every time you took a breath, you would pay a far tinier fraction for the chemical changes caused by yo... See more