Sublime

The world is becoming controlled by the few, powerful, and clever people who know how to create those robots, or how to design the software and the tablet on which you’re reading this. But please don’t stop reading, because I’m going to show you how anyone can get a seat at the table with the digerati, illuminati, and moneyrati and, perhaps, tap in

This is a radical shift from the corporation’s point of view. First of all, consumers are simply more powerful thanks to technology. They are not scattered, non-coordinating agents anymore. They’re equipped with increasing computing power and connected with one another, forming the multitude—a networked organization whose exponential power eventual

Anyone with a smartphone could participate directly in global markets,

The merger of infotech and biotech might soon push billions of humans out of the job market and undermine both liberty and equality. Big Data algorithms might create digital dictatorships in which all power is concentrated in the hands of a tiny elite while most people suffer not from exploitation but from something far worse—irrelevance.

To layer your own insights on top of market data is always incredibly valuable. For instance, if a market does not have a current leader, this means there’s room for a newer startup to take over. After doing 20 minutes of research through my school’s database, I found out that there’s no real Uber or Seamless of edtech and the market is considered

if anything is more naïve than an unquestioning belief in the transformative power of entrepreneurs, it is an unquestioning belief in the power of national governments, international organizations, and multinational corporations to address complex twenty-first-century challenges.

There is one structure that underlies all these—excess capacity + a platform for participation + diverse peers—and it is fundamentally changing the way we work, build businesses, and shape economies. I call it Peers Inc.

One is the neoclassical rational-choice-equilibrium argument that markets automatically come to the Pareto optimal equilibrium for society. This was Ken Arrow and Debreu’s great work. The second is more out of the Hayekian tradition, that markets are efficient at processing distributed information to help coordinate activity in the economy. But bot