This wellness epidemic probably is a reaction to the uncertainty of our times, a cognitive dissonance cocktail we down every morning just to read the news. The amoral business models of Facebook and Google produce a glut of low-substance and false information, media with no nutritional value. Heartless algorithms worsen the situation, incentivized to give us a diet consisting of, to quote a former Facebook engineer, “endless sugar and fat.”
…that the internet is similar to past communication networks like the phone, radio, and TV networks. But the hardware-based networks of the past are fundamentally different than the internet, a software-based network. Once hardware-based networks are built, they are nearly impossible to rearchitect. Software-based networks can be rearchitected through entrepreneurial innovation and market forces.
ade life easier for. In the long run, this might be the winning strate…-pop shops that WeChat made life easier for. In the long run, this might be the winning strategy.
In 2015, 12,000 new companies were born on platforms like WeChat every day. The hive isn’t created from access to new functionality. It’s how new functionality creates new economic opportunity.
As startups are looking to disrupt industries, they are often choosing a new location on the System of Control axis. Moving a person from point A to point B is not a new idea; doing it with a significantly different value proposition (real time, simple payment, full visibility, feedback mechanisms) gives users more control and changes the model significantly — thus the new ride sharing economy. Using compute power to solve interesting problems has been around for decades; putting that process…
…elmingly positive with entrepreneurs appreciating the speed, ease, and transparency of the process. No hoops, no $7 artisanal coffee chats, no designer pitch decks, no bias, no politics, no bullshit. Just the best teams with the best ideas, the best execution, and the best metrics funded on the merits of their achievements, not the status characteristics of their founders or the exclusivity of their professional networks.