Lack of competition and systemic inefficiencies in healthcare have led to higher costs. Of all the proposals on the table, a single-payer system (“Medicare for all”) would most completely address these issues, but it may politically be unviable and there will inevitably be a rocky transition period.
Another example is the Zora Finder’s Fee, which incentivizes participants to provide a key resource—distribution. This fee is paid to anyone who finds the winning bidder or eventual buyer of an NFT. Finders expand the utility of Zora, and they do not have a monopoly on the NFT markets being displayed, a finder only captures the value they’re creati... See more
Some suggested that the digital garden was a backlash to the internet we’ve become grudgingly accustomed to, where things go viral, change is looked down upon, and sites are one-dimensional.
The process looks meandering a lot of the time. Do I also strive for productivity? Yes, but it is a delicate balance, and I think the pitfall is to force something to happen that must happ en on its own . Observing the professional investment world writ large, its preoccupation with efficiency, predictability, and standardization is striking: indus... See more
Several individual publishers have experimented with removing ads as part of a larger subscription package. Talking Points Memo, for instance, offers an ad-free “Prime” membership for $100 a year. Some publishers like Slate promise “fewer ads” for paying subscribers. But for every publisher that offers an ad-free experience for subscribers, there a... See more
Somehow, today’s best-in-class email apps are hybrids, combinations of the best ideas every other email app brought before. It’s hard to imagine email without web apps, limitless storage, notifications, archive search, and a bit of over-the-top self-promotion. Each feature, at one time, was enough to launch a new email app, to convince us all to sw... See more
Despite all the advertising revenue potential with an app that has over one billion daily active users, WeChat limits ads in its social feed to just 2 per day. In contrast, westerners tend to see 10,000 ads/day.
When Patrick O’Shaughnessy was asked about his most important career advice, he said to “learn in public, fanatically.” I agree. Because in addition to learning, you pre-sell the world on whatever ambitious project you dream up next.