The first industrial revolution occurred when the steam engine and novel methods of organising labour within factories led to the replacement of human workers with machines.
As Scott Adams recently wrote, I'm a big fan of being admired, assuming I did something worthy. I find the goodwill of others to be one of several sources of personal motivation, and a legitimate one. Am I allowed to make the world a better place and enjoy the fact that others appreciate the effort? That seems like a reasonable deal for everyone. I... See more
When people are paying with their own hard-earned nickels, there isn’t actually much of a market for ‘truth’ and both-sides objectivity. Nobody other than people whose livelihoods depend on it (e.g. Wall Street traders or industry insiders) are willing to pay for actual truthful news, which is why outlets like The Wall Street Journal and Bloomberg ... See more
And that’s for comparatively structured questions, like “What is the optimal way to convert input X into output Y?” It’s even harder for uncertain jobs, like “What should input Y be?” Was the team that designed the “like” button more productive than the team that produced Slack’s “emoji react” feature? We can argue indefinitely. Maybe the “like” ti... See more
After speaking with a bunch of early stage founders, it’s clear that organic has been the best performing channel on TikTok from an ROI perspective – invest in organic content when you can.
If a Kardashian creates a profile on Twitter, that’s worth something to Twitter. And if she posts crazy stuff 5 times per day, that’s worth a lot more. But if she never posts, that teaches the other nodes that Twitter isn’t cool. It indicated she has un-bonded, and it will have a negative impact on the network value. So you have to design carefully... See more
Relative to western consumer tech companies, who tend to focus on “serving a function” as their core mission, Chinese companies tend to focus on “owning the user” as their core mission
Love motivates people to work through challenges that might otherwise lead them to give up. If those founders had focused on building for a customer they genuinely loved, they would have been more likely to persevere and create something that addressed a deep need. If they were to find a customer they loved serving, I would invest in them again.