Peter Thiel Was Wrong: @benthompson points out that crypto has turned out more centralized, and AI more decentralized, than anyone expected. The Internet is ultimately a "free corpus", compared to the rigidity of the blockchain. https://
stratechery.com/2022/narrative
s/
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ECONOMY
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Crypto Centralized, AI Decentralized: Thiel’s Prediction Reversed
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Best Investors Keep Silent About Their Returns
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The absolute best investors don’t talk about their returns.
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Blue tick monetization undermines platform credibility and social verification
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If anyone can buy a blue tick for $8, then no blue tick will be the new blue tick.
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Network Effects: Three Types Driving Trillion-Dollar Businesses
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Types of network effect:
– Benefits to you of having many other users (e.g., Microsoft)
– More data to learn from -> Better product (e.g., Google)
– Cost of rebuilding your network (e.g., Twitter)
Likely many more to be discovered, along with new trillion-dollar businesses. -
Twitter’s Financial Future Tied to Musk’s Business Strategy
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that is definitely true but twitter's future is also wrapped up in what it means financially for musk
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Tesla, Upstart, and Big Tech Performance During Recession
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The TL podcast for Nov 13th: Picking on Tesla, Upstart baffles, and what happened to FAANG during The Great Recession // $TSLA $DOCN $UPST $DT $COHR $NVDA $AAPL $GOOGL $AMZN $AMAT $ANET https://
thetechnologyletter.com/the-posts/the-
tl-podcast-for-nov-13th-picking-on-tesla-upstart-baffles-and-what-happened-to-faang-during-the-great-recession
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Top Web3 Trends 2023: Metaverse, NFTs, Decentralization
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Here we look at the biggest #Web3 trends in 2023: The decentralized metaverse Useful NFTs? Decentralized social networks Greenifying Web3 Growing government intervention and regulation in the web3 space Watch my YouTube video > https://
bit.ly/3NW9w53 #Metaverse -
Meta Cuts 11,000 Jobs Amid Metaverse Investment Shift
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Meta cuts 11,000 jobs as it sinks more money into the metaverse https://
reuters.com/technology/met
a-cut-more-than-11000-jobs-one-biggest-us-layoffs-this-year-2022-11-09/
… #TechnologyNews #meta #Metaverse #joblosses #tech #technologies #Facebook #layoffs -
Twitter’s End: Elon Musk’s Impact on Platform Future
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Great essay in
@Analyticsindiam
that
@elonmusk
would be well-advised to read. Cc
@Jason
https://
analyticsindiamag.com/this-is-the-en
d-of-twitter-as-we-know-it/
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