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Ben Thompson described this phenomenon in his signature aggregation theory. Pre-internet, you captured profits by controlling supply. Now, post-internet, you capture profits by aggregating demand.

• Between 2015 and 2018, US alcohol consumption declined three straight years, with beer consumption down five consecutive years.

So how is this different from crowdfunding like Kickstarter or membership platforms like Patreon? These three frameworks have plenty in common, most importantly, the goal of making it possible for more people to make stuff. But the main difference that a Creator DAO provides is the notion of ownership. You are not simply supporting a project. Throu... See more

The U.S. securities regulator on Tuesday proposed a pilot program to allow tech companies like Uber and Lyft to pay gig workers up to 15% of their annual compensation in equity rather than cash, a move it said was designed to reflect changes in the workforce.

Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.

NFTs and cryptoeconomics (tokens) in general force the ownership issue by allowing for everything to be, and governed by, a market. This is neither good nor bad - it is, though, very different.

None of that is so surprising—it’s hard to earn four-fire-emoji status without having already built up a reputation within established institutions.