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“and when nobody wakes you up in the morning, and when nobody waits for you at night, and when you can do whatever you want. what do you call it, freedom or loneliness?”

To keep young kids behaving on a car road trip, have a bag of their favorite candy and throw a piece out the window each time they misbehave.

Why do we need *tokenized* loyalty programs if we have perfectly well-functioning regular loyalty programs? Let me explain the benefits of tokenizing using one of the most popular loyalty programs in the US: Starbucks Rewards 🧵

One of the points Tyler emphasizes in  Talent  is the importance of stamina. Insofar as AI increases the importance of tangible, in-person activities (which are hard to “fake”), physical stamina stands to rise in importance.

But when it comes to simply being able to produce a lot of intellectual output, I suspect that stamina may fall in s

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These successful companies in most cases weren’t true platforms, but aggregators, locking in demand and exerting central control.

We should accept the premise that people will not run their own servers by designing systems that can distribute trust without having to distribute infrastructure. This means architecture that anticipates and accepts the inevitable outcome of relatively centralized client/server relationships, but uses cryptography (rather than infrastructure) to d... See more

Two things about Sam Walton distinguish him from almost everyone else I know. First, he gets up every day bound and determined to improve something. Second, he is less afraid of being wrong than anyone I’ve ever known. And once he sees he’s wrong, he just shakes it off and heads in another direction.

It seems to me, then, that the only long-term solution is to acquire customers directly, and to monetize them directly. The Internet is an efficiency machine, which means that closely related objectives, a la publishers seeking to reach more readers and advertisers seeking to reach more customers, are not sufficient; content and business need to be... See more