MobCon @excapite
I once wrote a blog on Technology and the Future of Money. Now I have a podcast where I talk to old friends and new about Networks of Money, Talent and Ideas wealthytiger.com Decentralised and Fragmented Joined March 2011-
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@nicomoel Perhaps. But in the age of AI the last thing the industry’s practitioners need to do is expose their total lack of intelligence - never mind authority - in these matters. Far easier to extract fees and accumulate funds under management telling fairy stories about unicorns
The decline of beauty in everyday life shows up in even the smallest things, like tickets, where we’ve let our obsession with efficiency win out over personality and artistic expression. Like the ticket from the Guggenheim Museum in New York, which I've shared in the first photo. It's an iconic building that could have so easily inspired a beautiful ticket design, but they opted for the most economical option instead. Each example of this decline isn't a big deal, but the world becomes less charming and enchanted when people stop caring about craftsmanship. For some alternatives, scroll through the photos. The second one shows old Japanese train tickets, the third one shows an old circus ticket, and the fourth one is a World Series ticket from 2002, which felt magical when I got to hold one as an eight-year-old. So yes, there’s definitely been a decline. And maybe we’re okay with it! But it’s worth remembering that this decline isn’t inevitable. There is another way.
Why does an innovation-financing system sometimes refuse comparatively tiny quantities of money to an underlying technology that does work? cranedragon.s3.eu-west-1.amazonaws.com/audio/episode3… An alternative technological capital-allocation engine: @jeffreyleefunk ⇒ Does the underlying technology/economics actually work? @excapite ⇒ How does the capital-selection system behave? @rorysutherland ⇒ Are we failing to recognise it because its value violates conventional narratives? @texxiops ⇒ Build/test the candidate and compare prediction with reality. @nodozi Consider Nigeria as a test bed
@henrywinter Let’s be honest England play football like they play cricket. Less lions. more bunnies. Bunnies who play with all the mental resilience of a chocolate Easter egg left out in the Australian midday sun. They just don’t have the balls to dominate the game in the clutch moments
@binaryfootball We are not talking about just this team. This - bar a few exceptions - has been the English modus operandi since the 1970’s across both sports. Seasoned extremely well paid professionals who collectively lack the passion to dominate the game in the clutch moments.
@scottastevenson There's a lot of other creative ways this is being reported.. I have stopped looking at headline number for this reason writing.nikunjk.com/p/liars-valuat…
@sandykory Alas the framing of “sophisticated numbers-driven investor” Is not something one normally associates with operators of the world best lifestyle business (think Venture Capital). Indeed the odds of them beating the index are higher than the odds of them investing in a startup
@HarryStebbings This all very exciting but surely the first question you should ask any top tier VC is: when was the last time they beat investing in the market index over a 10-15 yr period? Which funds beat passive & why? What are the lessons they learnt? & what are they now doing differently?
@ianmiles The line ‘turns people who are good at something into people who are very good’ is probably the best explanation yet of why AI will have very little impact on VC portfolio returns
@dunkhippo33 The problem with SaaS was self evident when Salesforce IPO’d The model basically subsidises users at the expense of future earnings. tymbals.com/splash/zipflue…
@herrmanndigital The big fix Meta needs to fix is the arb on cheap reach has disappeared and isn’t coming back The other is people are increasingly spending more time with AI powered competitors that with aging social media platforms and (in or likely hood they won’t be coming back)
@herrmanndigital The answer to your question is is more likely yes yes. Yes there is in all probability a problem with bot traffic on meta platforms (but until the platform is regulated, audited and demonopolised…) Yes the is in all probability a problem with Shopify’s data handling practices
@_agarner What was the close rate? Without the close rate the numbers are interesting but really don’t tell you much about the quality of the targeting E.g. if the close rate was 1 in 10 qualified lead then these numbers are no better than cold calling
@tomfgoodwin It’s designed to obfuscate. It’s designed to make the ad buyer think they are winning even when they are losing. It is basically a derivative of the casino slots. A perfect piece of ugly design addiction offering just enough hints of winning to make you roll that dice again
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