There are a number of ‘jobs to be done’ to consider when we talk about replacing college- as outlined by Michael Staton in the Harvard Business Review. Ray feels that the last component to be unbundled is the self-transformation that college campuses facilitate.
If Spotify chooses to continue on their current path of exclusive content it will break interoperability with other podcast apps and force listeners of those shows to use the Spotify podcast client. I suspect that many listeners will also transfer their existing subscriptions into Spotify to avoid needing two separate podcast clients.
But decentralizing one class of internet companies does not guarantee that a new class of centralized giants will not emerge in their stead. In fact, decentralizing power from one pair of hands is almost guaranteed to concentrate that power in another pair of hands.
One less obvious shortcoming of token-based DAOs is their flat structures. By flat structure, I am referring to the fact that token-based DAOs are often direct democracies where every proposal is voted on by all token holders, without any political tools like Parliaments, executive branches, bureaucracies, standing committees, and so on.
Thanks to new approaches which fuse at-scale ad targeting with high-quality editorial product, you can step into this renewed role without sacrificing the reach, precision, and targeting afforded by the likes of Facebook, Google, Twitter, and their kin.
In Paul Graham’s famous essay Cities and Ambition, there’s this idea that some cities are centers for some type of ambition, and when you come to one of those cities, you can feel the message the city is sending to you. For example, the message that you can feel in New York is “You should be richer,” while Berkeley’s is “You should live better,” Pa... See more