sari

Goodhart's law states that,  when a measure becomes a target, it ceases to be a good measure 2 . Goodhart proposed this in the context of monetary policy, but it applies far more broadly. In the context of overfitting in machine learning, it describes how the proxy objective we optimize ceases to be a good measure of the object

... See more

In order to deal properly with the diversity of problems the world throws at you, you need to have a repertoire of responses which are (at least) as nuanced as the problems you face.

Second, creators are already exploited: Spotify is very much like the universal searchable information database for music, it just operates for profit rather than for artists, and rights-holders get a fraction of a cent per Spotify play, an amount that must itself split between the label, the producer, the artist, and the songwriter. The CEO of Spo... See more

The smaller the company you work for, the happier you'll be

If Web2 companies have focused on driving loyalty amongst their uses in the form of engagement and retention, Web3 companies are focused on driving user ownership. One of the most exciting and unique features of Web3 is that "users...fund the products, information, and services that they consume." We're still very early in understanding all of the ... See more

2) Service offerings: Remote education tools help online tutors (Preply) as well as teachers (Outschool) to reach students. Others allow fitness trainers (Class Pass), real estate agents (CloudPano), chefs (ClassPop), and retail workers (Hero) to continue engaging clients.

The trouble with podcasts is that they are difficult to grow: while text can be shared and consumed quickly, a podcast requires a commitment (which again, is why advertising in them is so valuable).

My bold prediction here is that crypto networks and other DAOs will be some of the largest employers of talent on the planet. Imagine working for the Internet…

All these things are no longer "deal breakers", even if differences in quality persist between cities. The real differentiation then shifts to other dimensions of the "product": How walkable it is? How beneficial is the tax system? Who else is there?