"The clearest way to make a 10x improvement is to invent something completely new. If you build something valuable where there was nothing before, the increase in value is theoretically infinite. A drug to safely eliminate the need for sleep, or a cure for baldness, for example, would certainly support a monopoly business."
Both centralization advocates and privatization advocates accept as a central tenet that institutional change must come from outside and be imposed on the individuals affected. Despite sharing a faith in the necessity and efficacy of "the state" to change institutions so as to increase efficiency, the institutional changes they recommend could hard... See more
web1 -> web 2.0 -> web3 is about progressively giving more power+ownership to the community.
web1: centralized content + ownership (Zagat, Encarta, Yahoo directories, etc)
web2: UGC (Yelp, Flickr,..) but centrally owned+governed.
web3: community has both ownership+governance.
Appealing to everyone is impossible. If you make something that aims to be good across a broad range of capabilities, you are choosing not to be exceptional at anything in particular. That might be the right compromise for your audience, but it’s definitely a compromise.
Good design is opinionated. Good design is choosing the right compromise for yo... See more
The more Springwater and Mackenzie thought about it, the more they thought they could build a better way. What they built became an app called Matter, a combination of a read-later app and a discovery engine for great content. Ultimately, Springwater said, it could be even more. "Reading right now is really simple," he said. "It's text on a page. B... See more