Why the blockchain matters.
One of the better cases I’ve seen for the importance of blockchain / bitcoin. I’m still a skeptic, but maybe a slightly better informed one now. | learn more
One of the better cases I’ve seen for the importance of blockchain / bitcoin. I’m still a skeptic, but maybe a slightly better informed one now. | learn more
If you’ve never heard the story of the Turtles before, this is worth a listen. It’s a real-life version of the movie Trading Places. In the mid 80s, a group of people were taught a trend-following system for trading markets and given money to trade. They made over $100MM of profits over the following four years, and a few went on to be some of the most successful hedge fund…
It turns out that “crevasse” (pronounced kruh-VOSS) is not just a super pretentious way to say “crevice” (pronounced KREV-iss). Hat tip to Ilya Z for the insight. | learn more
And then the digital age came to take over. | learn more
Shopify product director Brandon Chu’s take on how to prioritize between projects and within a single project. | learn more
Jason Fried suggests a way to get past the psychological roadblock to planning by taking it for what it is. | learn more
Cars are changing. Not all at once, but over the next 20-30 years. When most of the fleet is self-driving and powered by electricity, there will be huge direct impacts on oil consumption and human safety. Thinking beyond that, Benedict Evans dives into the second order of consequences. | learn more
Economists from MIT and Boston University examine the impact of industrial automation on the US labor market from 1990 to 2007. They conclude that each additional robot reduced employment in a given commuting area by 3-6 workers, and lowered overall wages by 0.25-0.5%. | learn more
“Last summer, Macy’s CEO Terry Lundgren called the situation ‘ridiculous,’ noting that the U.S. has 7.3 square feet of retail space per capita, versus 1.7 square feet per capita in Japan and France.” | learn more
Now that Marc Lore of Quidsi (diapers.com + soap.com) and Jet.com fame is in charge of e-commerce at Wal-Mart, they’ve started a shopping spree with the acquisitions of ModCloth and Moosejaw. These are culturally pretty far from Wal-Mart’s core discount stores, but maybe (just maybe) with Lore in charge they can nurture the brands without smothering them. | learn more