There are just so many new products out there that transcend our human capabilities to know all of them. The problem, now so drastically different from a decade ago, is not “what to do/eat/watch/listen to” but “what is the BEST THING to do/eat/watch/listen to WITHIN MY LIMITED TIME AND ATTENTION”
Of the $40 billion in annual revenue earned by the music industry, only 12% is actually paid out to artists. The remainder goes to institutional middlemen like agents, platforms, and record labels, unfairly cheating creators out of the fruits of their labor. Moreover, fans, whose engagement almost entirely drives these revenue streams, are given no... See more
To recap the meta NFT thesis: attention is finite, the internet is vast, we’re tribal creatures driven by mimetic desire, and we’re building an insane parallel financial system that may have found a bridge to celebrities and mass retail adoption via crypto-enabled art and collectibles. When you add all of that up, NFTs allow you to “own a piece of ... See more
[In the past, people] didn’t know anything about their employer. My father or my brother didn’t know if their employer had a villa on the sea. Whereas with Google Maps, I can see where your house is. That’s where the world is becoming new. Mankind is becoming more ethical, but it is not happening because man has decided to become better than he was... See more
PayPal’s acquisition of Pinterest would create a formidable Content Fortress: by combining PayPal’s payments platform with Pinterest’s advertising infrastructure, it could allow advertisers to bring about purchases for their products directly in the Pinterest app, which would give Pinterest first-party access to the data emitted by those transactio... See more