sari

Society is good at training talent but terrible at cultivating genius. Talented people are good at hitting targets others can’t hit, but geniuses find targets others can’t see. They are opposite modes of excellence. Talent is predictable, genius is unpredictable. 

Trae argues that a lot of high-margin software businesses have no impact on society, and sometimes even a negative impact on society 

• There are high-margin software companies that do important things, but many are related to advertising, capturing human attention, or creating obscure developer tools for enterprises


• These software compani

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Our culture separates physical and emotional health as though they’re unrelated

One obvious step toward intentional language models would be for the creators of these models to be more intentional about what goes into their training data. For example, (Du et al., 2022) have demonstrated that a language model trained on a smaller dataset of curated data outperforms on standard benchmarks a model trained on a larger but less cur

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These successful companies in most cases weren’t true platforms, but aggregators, locking in demand and exerting central control.

But it’s not just ecommerce. Venture capitalist Nikhil Basu Trivedi recently wrote about Business-in-a-Box Platforms (BiaB), including but not limited to Shopify, that “enable new businesses to be started, managed, and grown using their products.” These BiaB companies all take a set of products someone would need to start a business in a particular... See more

This is how Warren Buffett, one of the most successful people in the business world, describes his typical day: “I just sit in my office and read all day