Twitter’s incompetence didn’t simply make Facebook’s advertising business look more dominant than it should have; it led all of us — including the FTC — to miss the point that friends and family was Social Networking 1.0: something imported from the analog world that, as time goes on, will be viewed as inferior to the far richer universe that is So... See more
In a world rapidly accelerating toward automation and measurement, data is a commodity. Filtered, labeled, and processed data is the most valuable asset. Thus, information processing is the most important force of our reality. It’s critical that this power is decentralized.
we often prefer the ease of hanging on to old views over the difficulty of grappling with new ones. Yet there are also deeper forces behind our resistance to rethinking. Questioning ourselves makes the world more unpredictable. It requires us to admit that the facts may have changed, that what was once right may now be wrong. Reconsidering somethin... See more
As Sky Mavis’s revolutionary rhetoric began to look increasingly hollow, the company shifted its story. In December it quietly altered its mission statement, deleting the phrase “play-to-earn” and replacing it with the mushier “play-and-earn.”