I believe in the second inning, network bonding curves will also increase the income disparity at a geometric rate: Transparency of the value of an individual to a network creates a ruthless meritocracy. Meritocracy is good for the most talented, motivated or lucky. But for the bottom 90%, everyone can now see that they rank in the bottom 90% in... See more
Lesson #1: Great Products Expand Markets Taylor Swift moved to Nashville at 13 and went door-to-door to record labels. They all turned her down. Labels saw country music on the decline with young listeners, and didn't see a market for a teen country artist.
If Nike announced that they were opening a hotel, you’d have a pretty good guess about what it would be like. But if Hyatt announced that they were going to start making shoes, you would have NO IDEA WHATSOEVER what those shoes would be like. That’s because Nike owns a brand and Hyatt simply owns real estate.
Though platform-funded UCI and crypto UCI may appear ideologically opposed, they are not mutually exclusive. Web2 and Web3 solutions can and will live in tandem: crypto UCI can be a great funding mechanism for creators with community recognition, but for a brand new creator, the distribution potential of Web2 aggregators is currently unparalleled.
t’s easy to see how social media shapes our interactions on the internet, through web browsers, feeds, and apps. Yet technology is also shaping the physical world, influencing the places we go and how we behave in areas of our lives that didn’t heretofore seem so digital. Think of the traffic app Waze rerouting cars in Los Angeles and disrupting... See more