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Now, I am sure there will be those who argue that any universal knowledge access system of this kind will inhibit the creation of new work by reducing the rewards people get. But let us note a few facts: first, dead people cannot be incentivized to be creative, thus at least everything ever created by a person who is now dead should be made freely ... See more

Every year, Naval, Nivi, and Brian, through Spearhead, give up to $1 million to 30 founders; the founders then use the money to invest in friends

COVID-19 may lead to:

While newspaper executives would argue that, in 2019, it more difficult to persuade consumers to pay for journalism, a private 2PM poll identified that the average earner between $90,000 and $250,000 pays for 17.2 monthly subscriptions across media, entertainment, and utility. Of that 17.2 monthly recurring fees, an average of 5.7 were devoted to w... See more

Users also create reaction videos to other videos, showing a selfie shot next to the original clip. Everything is participatory, and the nature of the algorithm makes it so that a video from an unknown account can go as viral as easily as one from a famous account.

Amazon guards its GMV closely, but we can estimate it using a "sum of parts" approach. We need to make two key assumptions. First, assume that Amazon's return rate for e-commerce sales is 15%, which is high for some categories (books, electronics) and low for others (apparel). That implies an e-commerce GMV of $12 billion [=$14b*0.75/(1-0.15)]. Sec... See more

Email is actually a tremendous, decentralized, open platform on which new, innovative things can and have been built. In that way, email represents a different model from the closed ecosystems we see proliferating across our computers and devices.