I think of writing a lot like walking. It’s rarely the most popular, the most effective, or the most efficient way of getting to your destination. I don’t always want to do it, and it’s not always technically enjoyable; sometimes it’s boring or slow, sometimes it’s tiring and pointless, sometimes it’s cold or wet or windy and I’m retracing the same... See more
the answer for publishers in the age of AI is no different than it was in the age of Aggregators: build a direct connection with readers. This, by extension, means business models that maximize revenue per user, which is to say subscriptions (the business model that undergirds this site, and an increasing number of others).
Here’s another important callout that is very different from equities: tokens should be more valuable to network participants than they are to purely financial holders.
The move to agriculture resulted in the emergence of property. Before that, there was no sense of private property since there was no need. But when you spend a year growing a field of corn, you don’t want someone else to come along and eat it.