April 19, 2023
AI will let a new wave of startups stay tiny for far longer while achieving massive scale and pursuing weirder, more ambitious ideas than was previously feasible.
March 15, 2023
Large language models function like the central processors of the AI era, but unlike Intel’s CPUs they will likely commoditize due to low switching costs, forcing providers to compete on efficiency and scale.
September 27, 2022
Current AI still falls well short of enabling a truly personalized “infinite article” that dynamically writes perfect, accurate, up-to-date content tailored to each reader’s interests and knowledge.
October 13, 2021
Memes—units of cultural imitation such as ideas, fashions, and strategies—spread through evolutionary dynamics of variation and selection, shaping far more of our economic and social behavior than we usually recognize.
December 17, 2020
Media businesses often build exceptionally durable power through scale economies, network effects, branding, talent monopolies, and other structural advantages that technology investors tend to underestimate.
May 4, 2020
Power in any value chain flows to the player controlling the critical integration points that solve customers’ most urgent “not good enough” problems, and shifts when those problems move elsewhere.
April 15, 2020
When customers value different items in a collection of products, bundling them together captures far more total revenue than selling each one separately because buyers pay for the whole package while heavily wanting only a subset.
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