Services-oriented marketplaces (e.g. FVRR, UPWK) primarily match supply and demand in services provided by humans. Because humans in a given field and market require a certain pay rate, less flexibility exists with respect to lowering the cost of a transaction (other than typical geo-based labor arbitrage). Instead, these marketplaces put an... See more
Three, the music NFT projects I’m describing this week are entirely optional. You can still stream Legend on Spotify without buying one of his NFTs; you can still go to Coachella without winning an auction for a lifetime pass. The music industry has so far approached crypto as a way to sell extras to an artist’s most hardcore fans, and it’s natural... See more
There is a big opportunity for entrepreneurs to create better discovery tools and platforms for live content. Specifically, we see an opportunity for the ‘TV Guide of live’ — a resource that would index live streams across all platforms and rank according to popularity by genre or category of content. Similar to Netflix, the algorithm would learn... See more
That’s the process of learning anything on the internet. There are several metaskills at work here: Knowing what to search for Decomposing your need into different steps Knowing which guide to follow for each step
To the extent that large language models (and I should note that while I’m focusing on image generation, there are a whole host of companies working on text output as well) are dependent not on carefully curated data, but rather on the Internet itself, is the extent to which AI will be democratized, for better or worse.