The American Dream speaks the language of ambition and its tongue whispers it is not for lack of luck, but lack of effort that you are a failure. Put in the work and you’ll become a success. Luck nor social constructs or randomness or the genetic lottery create the richest men of the world – and they are men – but an exchange of value. The rules are: work hard and be rewarded in return. Except we know that’s not true.
Tomasz Tunguz, a Principal with Redpoint Ventures, talks about how important information asymmetries will become on Quartz. This is particularly interesting because we are in the era of information symmetry. Back in the day, you walk into a car dealership and you get screwed by the salesman because information asymmetry existed; you didn’t know much about cars and the salesman knew a lot. Keep reading
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I love Instagram.
It gives me a great deal of pleasure.
I’m not kidding.
Ryan and I had a big argument about this. He said he felt like a lot of people were on Instagram – including himself – to satiate the human desire to fit in and not be left out. I said it’s because Instagram is art. Keep reading
For instance, if you’re a writer, it’s not the content that matters (the work itself), but how the content is consumed and packaged. “We are on the brink of accessing digital content through what they call the ‘splinternet,’” argues Columbia Business School professor Rita McGrath. “Devices, hardware, software, applications and content, rather than being offered interoperably in a wide-open World Wide Web are increasingly going to be stacked up in proprietary ecosystems in which denizens can talk only to each other.”
So iPad apps like Flipboard, Zite and others like it are becoming the norm and offer “a much more natural way to consume content on a tablet, and the aggregation they provide is like having a customized newspaper available at any time,” argues Matthew Ingram on GigaOm. Keep reading