The cultural prohibition on micromanagement is harmful. Great individuals should be fully empowered to exercise their judgment. The goal is not to avoid mistakes; the goal is to achieve uncorrelated levels of excellence in some dimension.
Many indigenous communities operated on the principle of reciprocal gift giving. Say you were a baker who needed another pair of shoes; you wouldn’t go to the shoemaker and offer some flour for a pair of shoes. Rather, you might drop a hint to the shoemaker’s wife at some point that your current shoes were falling apart and hope she’d say “Oh you... See more
“I worked for a long time at the intersection of technology and communities,” he told me on the phone from the US last spring, “and at how technology brings people closer together, not turns into this dystopian thing of them spending time apart.”
Wallet experience: For some, just holding crypto assets may be enough, but many will be drawn to all that web3 offers from various dApps to NFTs and more. A crypto wallet is the passport to web3 and making it clear how to set one up, become familiar with connecting to other services, dealing with transactions and more will be a key experience to... See more
The digitization of social life has also enabled us to trace the detailed movements of ideas and influences, making it difficult to think of ourselves as spontaneous, original actors in our own dramas. Again, keen observers might have always been able to trace such lines, but now we are all overtly conscious of the flows of social capital, and we... See more
One scenario is that ordinary Americans will simply find crypto too confusing to deal with directly. Rather than choosing their favorite crypto assets, DeFi investments and NFT providers, they will outsource their decisions to well-known intermediaries.
Apple realized that it owns some of the most valuable pixel real estate in tech: The home screen. And the best way to monetize that real estate is by occupying as much as possible of it yourself.