This means that for aggregators, customer acquisition costs decrease over time; marginal customers are attracted to the platform by virtue of the increasing number of suppliers. This further means that aggregators enjoy winner-take-all effects: since the value of an aggregator to end users is continually increasing it is exceedingly difficult for... See more
So as an AI researcher in a large company, you have more of the luxury of thinking longer-term and building something, whereas in a startup, of course, you need to build something that people want right now. And it needs to be really, really good. And you need to be able to ship it in a reasonable timeframe. That’s the big difference: The vast... See more
One of the largest issues with our food system today is the lack of accounting for negative externalities. Big Food creates products that make people sick, and externalize that cost onto the US healthcare system (and thus the US taxpayer). Big Food harms the environment, and makes the government + populace pay for it. Big Food lobbies to influence... See more