sari

Benkler’s key addition in “Coase’s Penguin” was a framework for understanding why and when groups of individuals motivated primarily by the cultural significance of their work can be more efficient than markets or firms in the allocation of creative effort. In other words, how the web creates an environment where massively valuable projects like Li... See more

The average American spent $640 (or $53/month) across all digital subscription services in 2019, according to The New York Times. That’s growing at a 3% CAGR over the last few years. The biggest growth area was streaming TV services, which is growing at 14% CAGR.

We are in the early stages of understanding how to fund writing. There is tension because we value good writing but don't want to pay for it or think it's the best business model.

Earning is way more powerful than getting likes. If those two elements can be interwoven into the fabric of a network, it will mean people can make money from their time in new ways. Today, the bluntest tool in social is where you build an audience and then try to sell to it. We are going to see so many new experiments around paying people for cont... See more

The world of cryptocurrency is very economic (lots of tokens flying around everywhere, with lots of functions being assigned to those tokens), very neo (the space is 12 years old!) and very liberal (freedom and voluntary participation are core to the whole thing). Do these critiques also apply to blockchain systems? If so, what conclusions should w... See more

We need to shift more tasks pharmacists do (e.g. visual inspection, looking up data, dispensing, etc.) to software/machines, which might actually perform equally as well.

However, in a digital context scarcity must be constructed- there is nothing that demands the next block in the blockchain be harder to make than the last. If anything, the opposite should be true- computers grow ever more efficient and powerful. This means any scarcity is artificial, a process that demands ever more energy, ever more resources los... See more

While Web3 has the potential to reimagine how we use the internet, it also raises thorny issues around privacy, user experience, and how much control users truly want.