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The model of a company having strict boundaries between internal and external may have made sense in the Industrial Age, but in the Information Age, this model leads to misaligned incentives and unsustainable extraction.

future.a16z.com • The Future of Work Is Not Corporate — It's DAOs and Crypto Networks | Future

Axie’s economy has an inflation problem (much like our real-world economy!), as more players are cashing out than are putting money into the game. With such nuanced economies, it’s easy for things to quickly fall out of whack.

Rex Woodbury • Digital Economies, Gaming, and IP Legos

Until deregulation. Small changes that improved efficiency and lowered costs—not glamorous, kind of boring—suddenly became the key to survival. Those S-type loonshots, nurtured by startups like Southwest or major carriers like Bob Crandall’s American, spread quickly through the industry. They annihilated every unprepared airline. Pan Am began the

Safi Bahcall • Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries

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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon

art & capitalism

Rachel VanHoy • 4 cards

hundreds of ordinary enterprises, necessary to the safety and public life of streets and neighborhoods, and appreciated for their convenience and personal quality, can make out successfully in old buildings, but are inexorably slain by the high overhead of new construction. As for really new ideas of any kind—no matter how ultimately profitable or

Jane Jacobs • The Death and Life of Great American Cities

Given an uncertain future, anything that increases your cost of change also increases your risk.

Mark Schwartz • War and Peace and IT: Business Leadership, Technology, and Success in the Digital Age

Enshittification truly is how platforms die. That's fine, actually. We don't need eternal rulers of the internet. It's okay for new ideas and new ways of working to emerge. The emphasis of lawmakers and policymakers shouldn't be preserving the crepuscular senescence of dying platforms. Rather, our policy focus should be on minimizing the cost to... See more

The ‘Enshittification’ of TikTok

The federal payments system has been a panopticon for decades, waiting for someone with political ambitions to break down the bureaucratic firewalls protecting it, and open it up. Apparently, that has now happened. If the system transforms into a tool to arbitrarily block payments to entities whom Musk or Trump doesn’t like, which Musk has claimed... See more