“Web3” is a good all-encompassing term that captures cryptocurrencies (digital gold & stablecoins), smart contract computing (Layer 1-2 platforms), decentralized hardware infrastructure (video, storage, sensors, etc), Non-Fungible Tokens (digital ID & property rights), DeFi (financial services to swap and collateralize web3 assets), the Metaverse (... See more
Companies like Pexxi are doing just this: starting from scratch by building a dataset with hundreds of datapoints on an individual woman and using this to recommend the right contraceptive for her unique profile. Wild.ai is also collecting data on individual women and is building an algorithm for personalised fitness recommendations that operate in... See more
millions and millions of people own U.S. dollars, which means precisely that some bank has a list and there is an entry for them on that list. It’s probably not in Excel, but same basic idea: The bank has a list of dollars in its accounts, the list is not kept via any sort of consensus mechanism or blockchain or whatever; the bank just keeps the li... See more
Richard Chen: It’s very difficult for OpenSea to be forked and vampire attacked. That’s because 99% of the engineering work is off-chain (e.g. search and discovery, infrastructure) and thus can’t be forked.
Our work with AI reveals the nature of intelligence, just like sparks once showed us what electricity was
Kelly draws a parallel between the current wave of AI and the early days of electricity; specifically, in how little we truly understand what we’re working with. In the 18th and 19th centuries, even as scientists staged demonstrations of the sp... See more
The iPhone feels like the start of the mobile internet because it united and/or distilled all of the things we now think of as ‘the mobile internet’ into a single minimum viable product that we could touch and hold and love. But the mobile internet was created — and driven — by so much more.
Take social networks, for example. Friendster‘s network effects weren’t strong enough to fend off MySpace. And MySpace – which many feared would dominate the internet forever – was quickly replaced by Facebook.