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From here, we will see an ecosystem grow up around these online offerings that moves them up the product performance curve over time. In ten years, we may very well see three main options - either you pay up to go to an Ivy League school, get an affordable education with the full college experience at a state school, or learn primarily online and r... See more

This implies that in niches where there’s too much information for any one person to absorb, the most economically efficient outcome is for media coverage of that niche to be dominated by exactly one person, who works fairly hard and has more comprehensive knowledge of the topic than anyone else.

the number of college graduates has grown faster than the number of jobs requiring relatively high levels of education.

3) Yes -- over time, all of the key aspects of Web 2.0, including centralized social networks, will be replaced by web 3-style user-owned and governed protocols.

This is the ultimate trapdoor in the hall of fame; to become a prisoner of one's own persona. The desire for recognition in an increasingly atomized world lures us to be who strangers wish us to be. And with personal development so arduous and lonely, there is ease and comfort in crowdsourcing your identity. But amid such temptations, it's worth re... See more