What appealed to me wasn’t the monetary use of blockchains but the idea that they could provide the basis for a more user-centric alternative to the unpleasant state of affairs known as Web 2.0.
In practice, this devotion to luck reveals itself everywhere from retail trading frenzies to viral overnight success stories. Instead of following predictable career ladders or carefully planned investments, people chase sudden gains, hoping to decode the next market upswing or social media glitch.
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 winner-take-... See more
This has turned communicators of all kinds – from fashion influencers to public health specialists – into Kremlinologists who obsessively analyze the behavior of social media algorithms in the hopes of learning how to please them and (more importantly) how to avoid their punishments.
Hence algospeak. Social media users have learned the hard way that... See more
Lorecraft is clearly a strikingly millennial school of management thinking. All the thinkers who belong in this tradition are, as far as I can tell, between about 28-35 or so. They are firmly middle-of-the-pack millennials. Founders of startups who seem to practice a sort of management by lorecraft, such as Conor White-Sullivan of Roam Research, ar... See more