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One scenario is that ordinary Americans will simply find crypto too confusing to deal with directly. Rather than choosing their favorite crypto assets, DeFi investments and NFT providers, they will outsource their decisions to well-known intermediaries.
Tyler Cowen • Bloomberg - Are you a robot?
They told us productivity would set us free. So we organized and optimized and checked all the boxes. We became very good at being very busy.
But in the quiet moments between tasks, I felt something missing. Not the missing of empty inboxes or completed lists. The missing of wonder. Of discovery. Of the slow, sacred act of paying attention.
So I buil
... See moreA small number of marketplace startups—four of them—account for 76 percent of consumer spend (Airbnb, Doordash, Instacart, and Postmates) )
Andrew Chen • The a16z Marketplace 100: 2020 | Andreessen Horowitz
Efficiency' has come to mean vesting more and more power to managers, supervisors, and presumed 'efficiency experts,' so that actual producers have almost zero autonomy
David Graeber • Bullshit Jobs: A Theory
Coursera, Udacity and edX sprang up nearly a decade ago as high-profile university experiments known as MOOCs, for massive open online courses. They were portrayed as tech-fueled insurgents destined to disrupt the antiquated ways of traditional higher education. But few people completed courses, grappling with the same challenges now facing student... See more
Steve Lohr • Remember the MOOCs? After Near-Death, They’re Booming (Published 2020)
Our tools can enable us to do all sorts of wonderful and meaningful work, as well as facilitating destruction and misery. But they cannot tell us how to think or how to feel or how to dream. There is always humanity behind such things. Which is something we should never forget or allow to be hidden from us. This is the root of a
... See moreThomas Bevan • Our Tools and Us
1/ Amazon is famous for its writing culture:
• "Mock press releases / FAQs" for new product pitches
• "6-page memos" instead of Powerpoint
Two former Amazon execs wrote a book called "Working Backwards" detailing the philosophy.
Here are some insights 🧵
Everyone’s familiar with the Netflix ($NFLX) of today, the company with over 220 million subscribers. But that didn’t happen over night. The “death” of Netflix was predicted many times, first in late 2002, not long after its IPO. Walmart was entering the DVD-by-mail business, and who could ever compete with the all-powerful Wal-Mart?... ... See more