Walmart claimed last July Jet black’s customers were spending $1,500 per month, on average. But there weren’t enough customers — or efficiency in the business model — to make Jet black profitable.
A Gucci bag in Roblox resold for 350,000 Robux or roughly $4,115. The same purse IRL costs $3,400.
Remember: this Roblox purse is not an NFT and thus has no value/use/transferability outside the Roblox world-yet it's worth more than the physical one.
Watch this space.
The world is controlled by people with the skillset to succeed under capitalism, so it’s hard for them to understand other people’s despair because the system has been perfectly fine for them. Most people who say they dream of socialism are humanities-oriented and aren’t economists and technologists. Politicians either advocate for actions that... See more
[Patricia Greenfield] concluded that “every medium develops some cognitive skills at the expense of others.” Our growing use of the Net and other screen-based technologies has led to the “widespread and sophisticated development of visual-spatial skills.” We can, for example, rotate objects in our minds better than we used to be able to. But our... See more
The bigger issue, though, is what I have come to think of as note-taking’s camera roll problem: no matter how well they organize themselves, most notes are still doomed to be forgotten. When it came to pictures, Timehop and later Google Photos addressed this problem by making an effort to resurface old photos in a variety of ways: on the... See more
the people who curate the Internet who have a point of view will actually become the centers of attention, and you cannot replace that with AI. You cannot replace that curator function or that guiding function that we've always looked to other individuals to do.