Timour Kosters
@timourkosters
Investor & builder working in blockchain and ml. Tweeting: @timourxyz
linktr.eeTimour Kosters
By combining multiple works, kinds of work, and the creators’s contexts in one bundle, onchain records provide creators a format that reflects the multi-medium, multi-message, worldbuilding reality of releasing creative work today, while also creating a canonical record of that work’s existence.
Yancey Strickler • The old shit doesn't work anymore
Web3 Is the Opportunity We Have Had All Along: Innovation Amnesia and Economic Democracy
cryptocarnival.wtfcryptocarnival.wtfCapitalism and
Polarization and gridlock have become increasingly synonymous with democracy.
This is not for lack of opportunities. Recent decades have seen social movements and technologists develop numerous experiments in more textured, responsive, and participatory forms of collective decision-making. These include participatory budgeting (Cabannes 2004), liquid democracy (Hardt and Lopes 2015), sortition (Gastil 2000; Bouricius 2013; Pek 2019; Fan and Zhang 2020), citizens’ assemblies (Niemeyer 2014; Chwalisz 2017; Giraudet et al. 2022), crowdsourcing (Hsiao et al. 2018; Bernal 2019), and various alternative voting systems (Posner and Weyl 2014; Emmett 2019). A growing field of platforms for online citizen engagement has emerged to facilitate these processes (Stempeck 2020). Yet in even the most advanced applications of technology-enabled governance, from Madrid to Taiwan (Hsiao et al. 2018; Smith and Martín 2021; Tseng 2022), the new mechanisms serve in solely advisory roles; participatory budgeting processes, while more likely to be binding, apply to only small fractions of public budgets.
Governments could be eagerly transforming themselves into the vibrant, creative, networked institutions that the networked world arguably needs them to be, but they are not.
Polarization and gridlock have become increasingly synonymous with democracy.
This is not for lack of opportunities. Recent decades have seen social movements and technologists develop numerous experiments in more textured, responsive, and participatory forms of collective decision-making. These include participatory budgeting (Cabannes 2004), liquid democracy (Hardt and Lopes 2015), sortition (Gastil 2000; Bouricius 2013; Pek 2019; Fan and Zhang 2020), citizens’ assemblies (Niemeyer 2014; Chwalisz 2017; Giraudet et al. 2022), crowdsourcing (Hsiao et al. 2018; Bernal 2019), and various alternative voting systems (Posner and Weyl 2014; Emmett 2019). A growing field of platforms for online citizen engagement has emerged to facilitate these processes (Stempeck 2020). Yet in even the most advanced applications of technology-enabled governance, from Madrid to Taiwan (Hsiao et al. 2018; Smith and Martín 2021; Tseng 2022), the new mechanisms serve in solely advisory roles; participatory budgeting processes, while more likely to be binding, apply to only small fractions of public budgets.
Governments could be eagerly transforming themselves into the vibrant, creative, networked institutions that the networked world arguably needs them to be, but they are not.
If everyone owns a slice of American value creation, everyone will want America to do better: collective equity in innovation and in the success of the country will align our incentives. The new social contract will be a floor for everyone in exchange for a ceiling for no one, and a shared belief that technology can and must deliver a virtuous... See more
Sam Altman · March 16 • Moore's Law for Everything
The major consumer applications of AI will lean heavily into sophisticated recommendations that anticipate your wants and desires before you even know them—in the same way that the TikTok For You Page has shown people that they’re gay before they themselves have even arrived at that realization.
Rex Woodbury • The TikTokization of Everything
Common mistakes when using CAC and/or LTV: using revenue as a proxy for LTV, overestimating LTV when you don't have clear data, failing to take into account the time value of money, not segmenting users by paid vs. organic when doing the math.
Digital Native • Revisiting Lifetime Value and Customer Acquisition
None of these paths is at all appealing to me personally. Instead, the path I’m opting into is one where we evolve with change rather than fight it, while holding onto and manifesting the values that are most core to who we are.
This is the spirit behind Metalabel — an operating system for groups of creative people to release work together. It’s a
... See moreYancey Strickler • The old shit doesn't work anymore
What do people need to do to succeed? - DAOs are about coordination so think about what is effective coordination - How is authority delegated: empowering specific individuals with their roles and power - Values alignment. Recruiting right people in terms of skills but also vibe - Organic memes alignment. People spending the most time, - Mental and... See more