sari

Similar to many daos, Cabin still looks like a bit of a fantasy—an emergent community in search of an outlet for its exploding energy. With any technology, Hillis said, “eventually the infrastructure becomes invisible.” Ultimately, the dao framework matters less than what an organization actually accomplishes.

“It’s very common to be utterly brilliant and still think you’re way smarter than you actually are.” – Munger

The third thing that I’d say is, I think it’s really important that the metaverse works for people, not just as consumers, but as creators, and that people economically have a stake in it as well. This is one of the lessons that I’ve taken away from the last five years of some of the issues that we’ve struggled with as well, is that it’s not enough... See more

We love AR, but new entrants need to be able to differentiate meaningfully from existing platforms who are able to simply add more AR features to an already captive audience. While the widening of access to AR technology via existing channels (e.g. extensive filters) has been helpful in driving mass market adoption and familiarization, it’s also be... See more

If we treated careers more like dating, nobody would settle down so quickly

Furthermore, there's the risk that a token simply adds short-term heat to a project. In our discussion of OpenSea, we outlined how Rarible's $RARI token briefly gave them a dominant position in the NFT market — but it didn't last. Tokenless, OpenSea overtook them with a robust, focused product better-suited to consumer demands. Demarais noted, "Hav... See more

While Gates’s essay is remembered for its prescience about the direction the internet would take, what’s less well-remembered is that he also sounded a warning: “For the internet to thrive, content providers must be paid for their work,” he writes. “The long-term prospects are good, but I expect a lot of disappointment in the short-term.”

And then looking forward, as we eventually exit this pandemic and slog through the economic downturn, what will convince mass consumers to move their money toward more environmentally friendly products?

Jarrod Dicker of the Washington Post had a great insight about the rise of “expensable media” (think Stratechery, The Information, 2PM) and its positive impact on the creator ecosystem. This same effect could fuel a massive expansion in the consumer subscription software market that is compounded by a shift away from the office and its bundled amen... See more