The unit economics of AI.
“If you’ve already put two and two together, you understand this: the cost of knowledge work has just decreased by orders of magnitude. Why? The floor has dropped out on the price of information.” ~ learn more
“If you’ve already put two and two together, you understand this: the cost of knowledge work has just decreased by orders of magnitude. Why? The floor has dropped out on the price of information.” ~ learn more
The founder of Mercury (which is a startup bank for startups but don’t call it a bank because it’s not really) thinks all forms of cash bonuses are a bad idea. His view is that equity is the only good […]
Here’s an explanation into the market forces that drive the modern podcast business model. ~ learn more
“With all of these changes, nirvana is near: software as a variable cost business. No longer does a new software business need to default to developers, sales reps, or customer success managers to reliably generate cash flow at scale. Every […]
This might include the best explanation of factor investing I’ve seen yet. “If you throw a rock anywhere in AQR’s surprisingly dowdy headquarters in Greenwich, chances are high you’ll hit a University of Chicago graduate, and at least decent that […]
Several years ago Packy McCormick explained his theory of industry: “Entropy Theory explains industry evolution as a story of ever-increasing chaos and suggests that the most successful businesses are those that use the latest technology to wrangle that chaos, until […]
“It’s possible to make fake videos of politicians that will fool some people, at least some of the time. But a disproportionate share of this content will be consumed by people who have already made up their minds. Platforms are […]
Rob May predicts that bots will become the default collectors of information, which could suck for us because they never tire and have no shame. Will we be inundated with non-stop requests to benefit the AI models more than ourselves? ~ learn […]
From Ben Thompson of Stratechery. My takeaways are that it’s an absolutely incredible personal entertainment device, yet hostile to both guest users and productivity work that requires more than one app. ~ learn more
“Despite Facebook hiring several law firms to defend their case, Soldati, representing himself, was able to successfully argue Meta/Facebook committed a breach of contract and that they were not immune under the Communications Decency Act. Soldati argued that by deleting […]