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.
MEGA THREAD: $AMZN
Just in March, $AMZN has outperformed the index by ~15%. Here's AMZN's historical return:
5-yr CAGR +37%
10-yr CAGR +30%
20-yr CAGR +18%
From IPO +36%
I will discuss the whole business, why I am bullish, and the possible risks.
Provide reskilling resources to essential on-campus workers. Many subcontracted campus workers, kitchens, janitors, IT staff, and other hourly employees cannot work from home.
Nadia Eghbal: It’s not just the discovery of knowledge (i.e., learning new things) that’s easier now, but also the validation (where your peers, rather than an accredited institution, decide whether your insights are worth discussing) and distribution of knowledge. Sharing new ideas previously required working with centralized gatekeepers, like a u... See more