sari

Schools were built for a static industrial age. The education system assumed that the outcomes you wanted to produce were clear and you could harness massive scale to train students, factory style.

Loewy had an uncanny sense of how to make things fashionable. He believed that consumers are torn between two opposing forces: neophilia, a curiosity about new things; and neophobia, a fear of anything too new. As a result, they gravitate to products that are bold, but instantly comprehensible. Loewy called his grand theory “Most Advanced Yet... See more

The best software businesses are networks. When every new user that joins makes the network more valuable for the other users, it leads to a sort of accelerating value and growth that is one of the most powerful forces in the world. Nobody can copy the value you provide, because the value isn’t derived from your functionality, it comes from your... See more

We don’t want civilization to collapse if we run out of oil…Civilization would collapse so we got to have electric cars.

-How preferences are aggregated to produce decisions

Bitcoin isn’t traditionally grouped with the Passion Economy, but a combination of ownership and fandom has rewarded hundreds of thousands of people with net worths higher than the US median of $121k, and given them career leverage they likely wouldn’t have otherwise had. Power to the person.

-Community makes its own rules: wikis have no formal rules beyond actions the community carries out.

Point is, in the beginning, human beings didn’t have any technology. They had their senses, their brains, and the best ideas they could come up with on their own. But the instant that some creative human being came up with the idea of a hammer and realized it was far more effective at breaking up rocks than slamming your forehead into them, life... See more