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The ownership economy-- by way of decentralized autonomous organizations aka DAOs + non-fungible tokens aka NFTs-- builds a business on top of the creator economy that encourages creators, operators and the community to collaborate together under a new, interdependent ownership mechanism that combines the best of both (legacy + creator economy)... See more

If you take nothing else away from this article, remember this idea: In a capitalist economy, artificial scarcity creates the conditions for discovering culture’s true market value.

The problem is there are no simple “right” answers for most Web design questions (at least not for the important ones). What works is good, integrated design that fills a need—carefully thought out, well executed, and tested

Fred: Jesse, do you have intuitions around other ways multiplayer investing or “investing as a team sport” might evolve?

Between the founding of the East India Company in 1600 and the post-subprime world of 2011, the idea of the corporation was born, matured, over-extended, reined-in, refined, patched, updated, over-extended again, propped-up and finally widely declared to be obsolete. Between 2011 and 2100, it will decline — hopefully gracefully — into a... See more

Because the fact is we encode our biases into data, into algorithms, into technology as a whole. So as we develop an increasingly machine-driven future, we need to encode machines with the best of who we are. And in that way, infuse the future with our brightest hope, our most egalitarian views, our most evolved understandings.

The third piece is essential to understanding the Lemonade bull case. Their renter’s insurance product is incrementally cost-competitive only because overhead dominates their competitors' costs, and Lemonade’s cost structure is more fixed. But in 2019 they spent $175m in operating expenses to produce $13.1m in gross profit, which is not a... See more

"Sell yourself, and your subject will exert its own appeal. Believe in your own identity and your own opinions. Writing is an act of ego, and you might as well admit it. Use its energy to keep yourself going."