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The thing that Copilot gave us that we, again, only realized in retrospect was this randomized psychological reward. It’s like a slot machine where the ongoing cost of using it at any given moment is not very high, but then periodically you hit this jackpot where it generates a whole function for you and you’re utterly delighted .
Ben Thompson • An Interview With Daniel Gross and Nat Friedman about the Democratization of AI
The underlying characteristics of a new technology can determine potential, and in wide-ranging ways—there's a sense in which the ancestor to Twitter's, Instagram's, Snapchat's, and TikTok's voracious demand for constant attention from users who can access them from anywhere is all descended from the very trivial and definitely-a-toy Tamagotchi.
... See moreByrne Hobart • The Diff | Byrne Hobart | Substack
Warby Parker, Casper, and Bonobos led a wave of sweeping disruption for consumer brands in the early 2010s. There’s an exciting new brand for every product category from toothpaste to air conditioners.
Ali Montag • Monopolies and Magnolias (Audio Edition)
Aggregators make it dramatically simpler and cheaper for suppliers to reach customers (which is why suppliers work so hard to be on their platform). This increases the types of new businesses that can be created by virtue of the aggregators existing (YouTube creators, Amazon merchants, small publications, etc.); regulators should take care to... See more
Stratechery by Ben Thompson • Defining Aggregators
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the category will emerge with significant fragmentation. Cryptokitties was the first
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Additionally, the company’s ongoing focus on the needs and shifting demands of its community — the aforementioned factors driving a high Reassurance Multiple — led them to invest well in advance of the pandemic in relationships with leading digital companies like Mirror (US - investment) and Keep (China - partnership) that have paved the way for... See more
Brett Bivens • Internet Escape Velocity
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