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Consuming information is not the same as acquiring knowledge. No idea could be further from the truth.

What does that really mean? It means that you don't have to put a bunch of marketing into growing your business, which also means that most of the efforts in the company, especially in the early stages happen from a product-driven perspective. Product-driven, customer-obsessed firms generally tend to have the initial potential of becoming internet-... See more

But we are working on it. We are a long way from the world in which all knowledge is equally accessible. Hopefully someday our patchwork of intentionally-inefficient libraries will turn into a free storehouse of humanity’s recorded knowledge and creativity. In the meantime, however, we need to focus on getting good and thoughtful material in as man... See more

OnlyFans elegantly captures all three of these trends. On OnlyFans, anyone can create a paywalled account and set a subscription price—$5/month, $20/month, etc. OnlyFans is known today for pornographic content, but I’m confident it will move beyond porn.

As we discussed in last week’s article, Amazon – like Google – is primarily a search engine. But since all its search results – unlike Google’s – are products, it’s easy to rank them by price. If you already know what you want, there’s no point in searching on Google first. Your shopping journey starts and ends on Amazon.

“We're basically mediating our lives and our communication through these small, glowing rectangles. I think that that's not really how people are made to interact. A lot of the meetings that we have today, you're looking at a grid of faces on a screen. That's not how we process things, either.”

The Virtual Economy will provide an opportunity for people to smooth or augment their real-world income through a non-native economic system. This has profound implications for global wealth and income inequality.