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Over the past two decades, top internet distribution waves included SEO & SEM arbitrage, email “spam,” and the Facebook newsfeed, among others. With each new wave, savvy internet upstarts leverage these platforms, channels, and communities as strategic ways to grow explosively.

What’s amazing is that the difficulty of creating this situation of “fully democratized information” is entirely economic rather than technological. What I describe with books is close to what Google Books and Amazon already have. But of course, universal free access to full content horrifies publishers, so we are prohibited from using these system... See more

Second has been the rise of open-access journals. These are journals that allow readers to access the published articles for free and instead derive most of their revenue from charging the authors Article Processing Charges. Some of the name brand journals also have a hybrid model where authors can pay to make their research open-access. And the pr... See more

Equity tokens are fungible tokens that represent ownership in an asset or a pool of assets. These tokens are used to incentivize participants to provide a scarce resource to a network. In cryptonetworks, scarce resources include capital, developers, customers, creators, and computing power.

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”

Second is that we’ve seen all the historical forms of musical creativity get obsoleted by machines, which has mostly resulted in more human creativity. Every instrument can be played extremely well by a computer without decades of study. Somehow this hasn’t obviated the need for drummers or guitar players or violinists, but rather created a whole

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I, like the rest of the internet, have a lot of thoughts on Facebook / Meta in general. I agree with Qiao that the goal with the renaming is to move away from the toxic Facebook brand. I agree with David Sacks that the media’s witch hunt of Zuckerberg, reflects their own bad behavior - which is orders of magnitude worse. I also agree with Balaji th... See more