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4/ commodities. So, anyway, I'm thinking about this fusion
@balajis /@ByrneHobart idea, and I haven't fully figured it out / figured out what I think of it. Feedback (from anyone) welcome.Show this thread -
5/ so in this world, where capital is ubiquitous and talent [ of a caliber worth deploying ] is rare, then capital loses almost all value, I think? so, LOL, we get a version of Ian Banks' socialist utopia "The Culture" ... except everyone is >>>https://twitter.com/ByrneHobart/status/1354095827342536707 …
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6/ either an indolent hedonist [ as Banks predicted / desired ], or is ruthlessly striving to develop human capital in a sweepstakes economy where 99% fail to be good enough / fail to be the flavor of the season.
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End of conversation
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Yes, exactly. You want it to be easy to scale up consumption of inputs, and you want to be the bottleneck to adding value. (The other model is to monopolize inputs—see Apple/Amazon/Alibaba/Google designing their own chips)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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