1/ Fascinating episode with @balajis and @david_perell
on the North Star Podcast
perell.com/podcast/balaji…
-- A Thread of Takeaways 🧵 --
on the North Star Podcast
perell.com/podcast/balaji…
-- A Thread of Takeaways 🧵 --
2/ On learning technical topics quickly...
- Don't read the manual first
- Dive in and try problems
- You quickly figure out what you don't know
- Don't read the manual first
- Dive in and try problems
- You quickly figure out what you don't know
3/ @balajis on money...
"Money is a tool to build what you can't buy."
(ie: Elon building SpaceX because he can't buy a trip to Mars)
"Money is a tool to build what you can't buy."
(ie: Elon building SpaceX because he can't buy a trip to Mars)
4/ @balajis thinking in "hyperlinks"...
- Store the minimum amt of info then un-compact it (Start with first principles)
- Reference is reinforcement
- Also helps with debating on lots of topics
- Store the minimum amt of info then un-compact it (Start with first principles)
- Reference is reinforcement
- Also helps with debating on lots of topics
6/ 2 by 2 manager-employee grids
- What does the manager expect from themself?
- What does the manager expect from the employee?
- What does the employee expect from themself?
- What does the employee expect from the manager?
- What does the manager expect from themself?
- What does the manager expect from the employee?
- What does the employee expect from themself?
- What does the employee expect from the manager?
7/ On deflationary aspects of tech...
- Tech: volume up, cost down
- Massive scale: consumer experience same for everybody (ie: Steph Curry and the average American use the same iPhone)
- Tech: volume up, cost down
- Massive scale: consumer experience same for everybody (ie: Steph Curry and the average American use the same iPhone)
8/ On abstraction...
- "Progress is abstraction."
- Too much abstraction: Makes things seem easy that are REALLY HARD (ie: Amazon boxes don't just fall from the sky and show up on your door step)
- "Progress is abstraction."
- Too much abstraction: Makes things seem easy that are REALLY HARD (ie: Amazon boxes don't just fall from the sky and show up on your door step)
9/ Future of Social Media
- Twitter is NOT personalized. No idea what your goals are
- Social media is optimized to consume as many minutes of your day as possible
FUTURE: How can I give the max amt of value for minimum time?
- "Learning and Earning"
- Twitter is NOT personalized. No idea what your goals are
- Social media is optimized to consume as many minutes of your day as possible
FUTURE: How can I give the max amt of value for minimum time?
- "Learning and Earning"
10/ Oracle Problem: A ledger of record
- Current System: Data online siloed into company databases or behind paywalls
- Future System: Data ON-CHAIN instead of online. Decentralized data storage with digital signatures and time stamps
- TRUSTED facts of digital history
- Current System: Data online siloed into company databases or behind paywalls
- Future System: Data ON-CHAIN instead of online. Decentralized data storage with digital signatures and time stamps
- TRUSTED facts of digital history
11/ Open Source Media model
- All the content is free
- Monetize the community and actions outside it
- Content to train you and help you do REAL things in the world
- All the content is free
- Monetize the community and actions outside it
- Content to train you and help you do REAL things in the world
