The “monetize the individual” disruption should serve as a catalyst for the business reinvention of media companies who choose to recognize and react to this “new” (I know it’s not new but what’s old is new again) trend forming. It’s not just about enabling and “liberating” creators and talent, but more importantly about maintaining, supporting and... See more
My overarching thesis is that we are at the early stages of a multi-decade super-cycle of retail empowerment driven by the fact that “consumption, culture and community” are now tradeable assets. Consumption is no longer ephemeral, but persistent. No longer private, but communal. No longer limitless, but scarce. Consumption is, for the first time, ... See more
The most buzzy of these startups is Clubhouse, an audio-based social network where people can spontaneously jump into voice chat rooms together. You see the unlabeled rooms of all the people you follow, and you can join to talk or just listen along,
The universities of the 12th century had very little in common with the top-down corporate models of today’s higher education. These universities were more like student unions.
This creative accounting suggests that wasting less food would somehow undo all of the harms of food production. But the nutrient cycle does not care whether or not you clean your plate. All the environmental impacts that brought that meal into being are done deals; in the parlance of introductory economics, they are “sunk costs.” In focusing so mu... See more
Personally, I have little interest in blockchain-backed currencies. I only keep a tiny bit of dough in Ethereum (the more sophisticated younger brother of Bitcoin). I own no bitcoin, no doge coin, no any other coin. I am making no life decisions based on the idea that the dollar is going away and I very much hope it doesn’t!
Then there's the supper club model, which a group called DinnerDAO is currently testing out in cities like New York, Los Angeles, and Portland. Members purchase an NFT, and the proceeds are pooled into a treasury that pays for an eight-person group dinner. Anyone can buy-in, and everyone receives an equal vote in deciding which local restaurant the... See more