Some charge a monthly fee to become a “Close Friend” on Instagram, while others are trialling WeChat’s new paywalls. In effect, content quality is becoming a focus.
This raises broader questions about the tech ecosystem and its investment model. I’ve been making the case for a long time that the natural endpoint is likely very large platforms and Aggregators on one-side, and a flourishing ecosystem focused on niches on the other, but implicit in the latter is that venture capital is not simply unncessary, it i... See more
Governance minimized protocols will see the most use. It is the core attribute which kicks off the positive feedback loop between trust and adoption as a standard. It also puts powerful, basic tools in the hands of all creators, generating more opportunity and faster progress for the entire crypto ecosystem.
One possible resolution that people have discussed is a new "streaming" publisher, similar to iTunes or Spotify, which offers a catalog of all papers for a flat fee. But a more radical approach would be a crypto Sci-Hub, one that might even offer enough financial incentive to legacy publishers to flip them over to open access for their entire archi... See more
The future of AI is full of paradoxes: productivity versus job displacement, innovation versus inequality, empowerment versus dependency, and enhancement versusdehumanisation.
Rather than having gamers on a platform connect with one another in third-party online channels, many successful games now enable and promote the usage of in-game socialization. Players meet and chat on platforms like Fortnite and Roblox, which both boast hundreds of millions of MAUs spending hours a day in their ecosystems. Fortnite, for example, ... See more
While many responsibilities overlap with those of traditional organisations, the core difference (and value proposition) is that opportunities to contribute are open. Anybody can take the initiative and make proposals to create new working groups or change the way things are run.