sari
- US child care is a $57 billion market (60% in-home, 40% in-center). An additional $22 billion is spent via government subsidies, and the amount of time spent and forgone wages by parents and family members providing unpaid care is orders of magnitude larger than the actual dollars spent.
from WeeCare, Carebnb’s, and the US Child Care Epidemic by Turner Novak
- In April, Alex Masmej, a Parisian founder, “tokenized himself” via $ALEX and raised $20K from 30 investors.
from 🧠 A Primer on Social Money by Holyn Kanake by Holyn Kanake
- Empathy is an antidote to righteousness, although it’s very difficult to empathize across a moral divide.
from The Righteous Mind: Why Good People Are Divided by Politics and Religion by Jonathan Haidt
- Stanley Kubrick // “The truth of a thing is in the feel of it, not in the think of it.”
from NITCH
- Digital products are real-time by default. Incumbent financial products, on the other hand, are not natively digital products. Remember, banks have “operating hours” online and payments can take days to process. Because finance is not natively digital, the use of digital products is decoupled from the economic activity (like revenue) generated from... See more
from The revolution will not be reported quarterly by Dune Analytics
- I’m told that smoking has declined basically in tandem with the rise of the smartphone. This makes sense. They’re both something to do with your hands in the empty moments, before or afterwards, when you’re waiting for something else to happen. Both of them will also kill you.
-Sam Kriss
- There are few things with greater asymmetric returns than creating on the internetThe upside potential is so much greater than the downside risk
from Smart Threads and Dumb Memes | Trung Phan on Infinite Loops with Jim O’Shaughnessy • Podcast Notes by Jim O'Shaughnessy
- Subcultures were the main creative cultural force from roughly 1975 to 2000, when they stopped working. Why?
from Geeks, MOPs, and Sociopaths in Subculture Evolution by meaningness.com
- The high social coordination cost of socialware often results in a gap between how a system is supposed to operate vs how it actually operates.
from Scaling Trust in DAOs: Trustware vs Socialware by Chase Chapman