sari

Brunello: No. As far as business is concerned, I do not like things to go too quickly. I like to be swift as a person, but I don’t like things to be rushed lightheartedly.

Labor’s share of income is declining across countries; in the US, it fell from >63% in 2000 to <57% today. COVID accelerated this dislocation between labor and capital. The further the disconnect between labor and capital, the more resentment we see between them. GameStop was the greatest invasion of labor into capital since the Peasants’ Revolt –... See more

You can charge recurring revenue; after all, nobody wants to work with obsolete data. (This is harder in the early days, not because of lack of buyer appetite, but because your update cadence probably isn’t good enough.)

When it comes to the specific question around products built to be engaging, that is what they should do. “Hey, Netflix, can you please make shitty shows? Because I like to watch your shows a lot. Hey, Apple, your devices are really user-friendly. Can you please stop making them so user-friendly?” No. We want these products to be engaging. This... See more

Saving is the gap between your ego and your income.

Credentials from centralized institutions are subjective — they're only valuable because the institution issuing them is valuable. It's a reputational ponzi scheme. On the contrary, credentials from decentralized networks are more objective — they let people observe work completed without a subjective value judgement on the work itself.