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In addition, a paywall creates barriers to entry (and liquidity) on the marketplace. As a result, it is best used when having sufficient demand and supply (liquidity) does not automatically unlock transactions, i.e. marketplaces with very high transaction complexity. In other words, paywalls need both high complexity and high asymmetry.
Sameer Singh • The Marketplace Monetization Map: Complexity and Asymmetry
Users don’t just want a decentralized version of an existing social network. What users really want from a new social network is status or entertainment, along with the benefits that decentralization offers. Any new network must offer a compelling way to achieve both, or it will face an uphill battle to get off the ground.
Varun Srinivasan • Sufficient Decentralization for Social Networks
Put another way, what’s the most powerful force on earth? In the 1800s, God. In the 1900s, the US military. And by the mid-2000s, encryption.
Balaji S. Srinivasan • If Einstein Had The Internet: An Interview With Balaji Srinivasan
There are no shortcuts. The lottery winner isn’t ultimately happy after their sudden change of fortune. The home built hastily rarely survives the first storm. The single-sentence summary of a book or news event is no substitute for the full story.
Rick Rubin • The Creative Act: A Way of Being
Reality Is Broken: Why Games Make Us Better and How They Can Change the World
Jane McGonigal • 2 highlights
amazon.com
Future of Gaming and
EMBEDDED: Do you believe that the “artificial general intelligence” and “superintelligence” that many AI boosters have warned of actually pose a risk to humanity?
KAREN HAO: These terms are really poorly defined, so I generally loathe using them at all. But if we’re talking about the idea that AI could go rogue and destroy humanity? No. This is a... See more
KAREN HAO: These terms are really poorly defined, so I generally loathe using them at all. But if we’re talking about the idea that AI could go rogue and destroy humanity? No. This is a... See more
My Internet: Karen Hao
Taste requires originality. It invokes an aspirational authenticity. Writer George Saunders calls this “achieving the iconic space,” and it’s what he’s after when he meets his creative writing students. “They arrive already wonderful. What we try to do over the next three years is help them achieve what I call their “iconic space” — the place from... See more
Brie Wolfson • Notes on “Taste”
- Disney+ was launched on November 12, 2019
- Their plan was for 4 to 5 million subscribers in the first year
- They signed 10 million in the first 24 hours
- That 24 hours were one of the best moments for Bob