Another very different scenario: Users focus their attention on the crypto assets themselves, such as Bitcoin, Ether or Dogecoin. That kind of user focus would mean many of the gains of crypto accrue to the early crypto asset holders. Intermediaries (e.g., Coinbase) can earn a return, but the real brand name value would be held by the crypto asset... See more
Another inefficiency associated with the old industrial world is that people were scarcely matched with jobs that they had the potential to be great at; most jobs were within large firms. Most large firms had clearly defined roles and procedures that employees had to fit into. The result was a world that was safe for average people.
I’ve been seeing lots of community-focused companies, founders, and initiatives try to build a community exactly the wrong way, by putting everyone in the same forum, and adding members to it over time, expecting the community’s value to scale linearly.
Social media entrepreneurs have rushed to find ways to make money from stars on popular platforms like TikTok. West of Hudson Group, for one, operates a network of content houses where many prominent young influencers live.
From a practical distance, achieving public success scanned to me as belonging, which is ironic, because what I’m talking about is actually separation: an elevation of my own standing above the crowd. This must be one of the most common misapprehensions about fame, while somehow also being the most cliché.