Severin Matusek

In 2021, Ethiopia actually began building its own social media site as a response to Facebook’s alleged incitement of ethnic massacres. And more recently, Japan funnelled taxpayer money into the dating app Tapple, in a bid to fix the nation’s declining marriage and birth rates.

In other words, instruments can surprise you with what they offer, but they are not automatic. In the end, they require a touch. You use a tool, but you play an instrument.

brands like Rare Beauty and Poppi reward subscribers with early launches and discounts, while using their communities to gauge new ideas, get feedback and build loyalty. Loyalty driven by sincere participation compounds, creating brand evangelists whose influence can’t be bought.

If you’re lucky, perhaps something you post will temporarily spark a surge of engagement, but those same spectators, exhausted by the onslaught, will soon shift their weary attentions to the next recommended item flowing close behind. This relentless pace rewards passive consumption, not active interaction with individual creators. The... See more

The US kept interest rates at near zero from 2009 to 2022. This encouraged business models that promised world-changing outcomes, even if they were completely unrealistic and/or hostile to the public interest (eg the gig economy, self-driving cars, crypto, metaverse, AI). This came at a time of no regulation of tech and an accepted culture in... See more

“It’s a post-Snowden and post-WikiLeaks generation that throws its hands up in the air and says, ‘we don’t care about the Chinese spy, everyone has our data,’” Elizabeth Ingleson, an international history professor at the London School of Economics and Political Science told Semafor.

We also couldn't really participate in building Web2, in part because of our age, and because it was pretty localized who was building it.

We are fulfilling our desires together with other people. Anti-thesis to “I’m going to Hollywood and going to make it”, the single dream of making it.