The illusion persists because there’s so much money in it. Back in 2016, Ben Thompson wrote that Google’s AI efforts were at odds with its business model: “If a user doesn’t have to choose from search results, said user also doesn’t have the opportunity to click an ad, thus choosing the winner of the competition Google created between its... See more
We live in a world where more and more people have the ability to publish what they think, feel or learn about, via web sites, blogs, microblogs and social networks. We live in a world where this “democratised” publishing has the ability to reach millions, perhaps billions. These are powerful abilities. And with those powerful abilities comes... See more
8) User Behaviors: Observable changes in consumers and businesses behaviors (including spend and investment, time and attention, decision-making and capability) which are either directly associated with the Metaverse, or otherwise enable it or reflect its principles and philosophy.
Memes took lottery culture to new heights. Stocks popular among a retail audience, like Apple, have historically traded at higher multiples than others in their category. Tesla accelerated the divergence between retail excitement and fundamentals: TSLA revenue grew 50% over the past two years, but meme culture helped its market cap grow by 12x.
-Tokens: The tokens that backers receive through supporting a project represent membership in a project’s community. Crowdfunds on Mirror have used their native tokens to gate access to member-only spaces on Discord and coordinate decision making in governance.