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- Social media, ultimately, is mostly just about entertainment, not utility. And that’s just more precarious ground to be on than say, if you were truly a utility-based network. Like if you have a network like Uber or Lyft, I mean, you’re ultimately about getting someone from point A to point B. That’s not really an entertainment-based product. So yo... See more
from Status Games: Engineering Scarcity in a World of Abundance by Eugene Wei
- Sense of belonging: you are evolving in an horizontal structure with people who share your values and who care about your personal development.
from 🤼♀️ Collectives in the Creative and Business Worlds by Maxime Fonsale
- the main attraction of web3 might not be decentralization, but rather what economists call excludability — it will be stuff people pay for, rather than free stuff.
from Web3 had better not be Transaction Cost Hell by Noah Smith
- 2. Players making all-cash offers on behalf of clients:
from Startups That Offer New Paths to Homeownership by Tomio Geron
- Workers without a college education have been most adversely affected by the advent of routine-biased technology, but the mechanisation of agriculture that characterised this period has also had further detrimental effects on local social and environmental systems.
from Economic opportunities for our avatars | Social Mobility in the Digital Age | L'Atelier by L'Atelier
- Warehousing & Fulfillment — Amazon’s major fulfillment operation (known as FBA — Fulfilled by Amazon) recently ended for most e-commerce products besides medical and essential household items due to system stresses from COVID-19. Brands will need alternative solutions to satiate demand levels from consumers, especially amidst a spike in e-commerce ... See more
from Venture Investing in the Age of the Coronavirus by Grace Isford
- Larry Sanger said: "wikis don't work if people aren't bold" Wikipedia says: "be bold in editing, moving, and modifying articles, because the joy of editing is that, although it should aim for, perfection is not required. And do not worry about messing up. All prior versions of articles are kept, so there is no way that you can accidentally damage W... See more
from The Wikipedia Revolution: How a Bunch of Nobodies Created the World's Greatest Encyclopedia by Andrew Lih
- After all, the purpose of learning isn’t to affirm our beliefs; it’s to evolve our beliefs
from Think Again: The Power of Knowing What You Don't Know by Adam Grant
How strange that the nature of life is change, yet the nature of human beings is to resist change. And how ironic that the difficult times we fear might ruin us are the very ones that can break us open and help us blossom into who we were meant to be.
from Broken Open: How Difficult Times Can Help Us Grow by Elizabeth Lesser