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The global art market* is was a whopping c.$64bn in value as of 2018

Another angle for disruption or chipping away at share is related to the horizontal, one-size fits all nature is by creating a more curated experience. As websites have started to game search engine optimization, the websites which rank at the top for many searches are because the algorithms like them rather than humans do.

“It may be lucky but it’s not an accident” – Chris Sacca

On the other side, new social spaces will continue to emerge and bring with them new rulesets, dynamics, and discovery algorithms to connect new people in new ways. We argue that this is the primary value of social networks and should be their sole focus: developing and providing different “flavors” of content and algorithms

Start somewhere bad to get somewhere good. A few weeks ago, I interviewed psychologist Adam Alter about his book Anatomy of a Breakthrough . In it, he writes about the “creative cliff illusion,” the notion that good creative ideas will either come quickly or not at all. Unfortunately, our intuition has that one approximately backward. In studies of... See more

I predict we will have agreed upon metrics and models to reason about amplification and recommendation algorithms similar to how we talk of GDP and productivity growth to talk of the “health” of a country.1

‘The optimal governance structure for early-stage projects is founder dictatorship. The optimal governance structure for mature projects has large user/stakeholder involvement. “Exit to community” continues to be underrated as a way to get both’. - Vitalik Buterin