We all think we make these choices ourselves. But it turns out that our choices are more constrained than we think. The unseen hand in them all is the networks that surround us & the powerful math they exert on us.
An alternative to the old-school endowmentapproach referenced to the left, an upstart socialjustice activist or a grassroots organization or anestablished nonprofit could create an NFT (or a seriesof NFTs) and sell them to their network of supporters.These digital goods could then be exchanged or sold,and the original creator would receive a... See more
In order to grow, ideas need financial capital. But they also need emotional capital — good energy, positivity, and resilience. The best way to control your emotional capital is to fine tune your internal monologue and replace your hunger for approval with a desire to grow
As the industry shifts online, advertising will do for grocery what Facebook did to the ad industry. Suppliers will have self-serve tools to pay for guaranteed demand. This will shift the industry from being supply-driven (“how do we sell what we produced?”) to being demand-driven (“what do we need to produce?”). With up to 35% wastage in a $10... See more
At scale, Wander’s goal is to create an affordable experience at the intersection of life, work, and travel; potentially posing as a feasible alternative to rent.
I think most people are looking at consumer AI wrong.
They're focused on finding products that solve a problem or meet a clearly articulated need.
But when you look at runaway hits like Midjourney and Character AI, the "use case" is just people having fun.
-Cashflows and incentive structures: If early subscribers benefit from the future growth of the media business, where does that money come from? The answer is that it comes from your future cashflow, either in the form of extended subscriptions for the early adopter (as in the example above) or via access being sold on secondary markets (if that... See more