"We each sit alone, staring at this black screen with a whole range of emotions. But in a strange way, we are all doing it together, and we should take solace in the fact that no one has a clue what’s going on."
If I were to draw a throughline between the closures of Need Supply, Unionmade, and, say, Barneys, it’s that the “curator” business case for most multi-brand online apparel retail is disappearing.
Walter Isaacson's Elon Musk book is out. It kicks off with the following quote:
"To anyone I've offended, I just want to say, I reinvented electric cars and I'm sending people to Mars in a rocket ship. Did you think I was also going to be a chill, normal dude?"
Whereas in social media, people see content from their friends regardless of the quality of the content, in recommendation media, content distribution is optimized for engagement. This results in very little waste in a feed, and consumption patterns are highly efficient.
Defensively, a token might help solve the issues that plague Discord. It could, for example, reward community members in $DISCORD for helping moderate channels and remove the bad actors who have plagued the service. Requiring users to pay a tiny fraction of a $DISCORD to message users with whom they’re not friends in order to reduce spam.
The way I think about coaching is very much how I think about parenting, and I think it translates in lots of other places, that your ability to drive change is about the quality of your relationship, not your hierarchy.