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Aggregation was the antithesis of the Web 2.0 promise; the best suppliers could do was either subject themselves to the Aggregator’s terms and try and make the best of it (call it the BuzzFeed strategy) or work to build a direct connection with customers that went around the Aggregators (the New York Times strategy); Twitter, though, may be on the... See more

The first thing that users seek when they join a social media platform is fame. However, once they have the fame — it's not enough. They need to monetize. If the platform is a platform that can generate the most revenue for influencers, then they will stick around.

Here are a few of the agendas we can accomplish with our beliefs:-Blending in. Often it's useful to avoid drawing attention to ourselves; as Voltaire said, "It is dangerous to be right in matters on which the established authorities are wrong." In which case, we'll want to adopt ordinary or common beliefs.-Sticking out. In other situations, it... See more

What the internet and social media have done essentially is increase the surface area of status seeking to the digital realm and virtual realm, and vastly expanded that surface area.

The physical locations that survive this extended pause will likely reopen with a focus on high-touch clienteling and luxury service, where shop visits are appointment-only (or tightly controlled and restricted) and oriented around consumer experience rather than pure sales.

Harvard, Yale, and Princeton, receive hundreds of millions of dollars annually in benefits directly or indirectly from the federal government, not only in direct financial grants for research but indirectly through special preferences granted by the tax code.