sari

We’ll have to answer two key questions. First, at what point does human agency give way to financial obligation? And second, at what point does a relationship become a transaction? There’s a fine line between investment and speculation, and between speculation and gambling. What happens when someone loses money on $ALEX or $SWIFT? Financializing... See more

It happens that I am one of those that believe that contemporary buildings are generally speaking less aesthetically pleasing than older buildings, and I think that this is a genuine social problem - the point of human progress is not merely to exist but to create beauty, and in fact an essential value of modernization is that greater efficiency

... See more

Caplan offers the following thought experiment: “Would you rather have a Princeton diploma without a Princeton education, or a Princeton education without a Princeton diploma? If you pause to answer, you must think signaling is pretty important.” In pursuit of signaling value, students flocked to universities.

9. More RPA and NoCode.

For the largest banks, interchange was the primary way they monetized consumers who lived paycheck to paycheck. If you live paycheck to paycheck, you have high volatility in your income and expenses and you generally don’t keep a balance in your bank account, so the bank relies on interchange fees to profitably service you.

If you zoom far enough out, is it possible that software companies in the future are either suppliers or marketing businesses?