So maybe we shouldn’t lament the end of peak centralization, particularly in media. The idea of there being one telephone company, two superpowers, three television stations, and four internet companies - it’s too homogenous. The fragmentation will lead to new cultures, ways of thinking, new ideas, and ultimately more cultural innovation.
Wikipedia had to deal with unique problems, since anybody could edit. With its popularity, spam and shameless self-promotion became a constant problem. These were challenges predecessors didn't have to face. Pasting a sales brochure into the Web pages of Britannica was impossible, yet this phenomenon was a continual battle for Wikipedia's patroller... See more
If you don’t feel like reading the book, check out Marshall’s interview with Playboy Magazine, as well as Terrence McKenna’s breakdown of Marshall’s ideas
In contrast to the democratization of finance, which leaves retail investors to their own devices, the collectivization of finance brings investors together to support each other and a project, and in so doing, to increase the probability of success. Collectivization is about the group working together towards a shared objective by giving each othe... See more
The irony is that people can get some of their most important work done outside of work, when they’re free to think and ponder. The struggle is that we take time off maybe once a year, without realizing that time to think is a key element of many jobs, and one that a traditional work schedule doesn’t accommodate very well.