What’s most impressive is that Netflix has increased prices many times in the last decade, on the order of ~10% each time, with little evidence of increased churn.
Additionally, there’s a whole class of applications based around the use of reputation to incentivize new forms of creation or contribution. Currently, it is difficult to decipher who is a subject-matter expert and to recognize and reward them. With decentralized identities that track contributions across the internet, we will be better able to... See more
Unfortunately, popular ≠ the best. The strict hierarchy made sense in the real world: a book can only be on a single shelf in a particular room. However, the restrictions of physical objects should not apply to abstract knowledge.
That doesn’t mean they can’t change, but so far, there has been a general unwillingness to look at the real problem. Rather than throwing out audacious claims like Facebook and Google should pay us for the right to send us traffic, we should, instead, be looking at finding ways to deliver value to our readers and ad partners in a way that platforms... See more