this has pretty much collapsed in the last decade
stacks are eating the world
this has pretty much collapsed in the last decade
Functional specialization = bureaucracy
competencies = inertial habits
"Stack" thinking instead lets technology structure (rather than market structure) drive business org logic
More from Venkatesh Rao
Poll: where is the temporal center of gravity of all your live projects based on average age of start-dates?
— Venkatesh Rao (@vgr) January 17, 2021
I suspect a healthy weighted average should be ~ (age-20)/2. So a 30 year old should be at 5, a 40 year old at 10, a 50 year old at 15 etc.
Standard deviation should be ~average/3 maybe, so distribution spreads as you age and accumulate projects and get better at them.
Other things being equal, people get good at starting in their 20s, at follow through in 30s, at finishing in 40s.
No point learning food follow through until you’ve found a few good starts to bet on. No point getting good at finishing until a few projects have aged gracefully.
I’m in the 7+ range myself. Probably 8-9. Slightly less than healthy for my age.
I suspect most self-judgments on being good starters/follow-through-ers/finishers are really flawed because of the non-ergodicity of project management skill learning. You can’t learn good practices for the 3 phases in an arbitrary order. On,y one order actually works.
So, yesterday my daughter (9) was hungry and I was doing a jigsaw puzzle so I said over my shoulder \u201cmake some baked beans.\u201d She said, \u201cHow?\u201d like all kids do when they want YOU to do it, so I said, \u201cOpen a can and put it in pot.\u201d She brought me the can and said \u201cOpen it how?\u201d
— john roderick (@johnroderick) January 2, 2021
This is why I never wanted kids. Way too much responsibility for another human’s development. Depending on the child, this might either be the day they discovered who they were or the day that traumatized them into a lifelong fuckup. Either way I don’t want to direct the show.
As far as the can opener goes, it wouldn’t even occur to me to try and turn it into a teachable moment. That sounds vaguely quixotic. I’d just show them how immediately. I think my default is to try and instruct clearly but not demonstrate unless the person is truly disoriented.
I think there’s basically a right answer here: show the kid. If the kid has the aptitude they’ll enjoy the mechanism so much they’ll develop the figure-it-out skill with other devices. If not, it’s a training data point that will build remedial levels of intuition more slowly.
I think perseverance is both misframed and over-rated as a virtue. Misframed as in: everybody has potential for it in some areas and lacks it in others. Aptitude is those areas where perseverance comes easily to you. Meta-skill of knowing where/why you persist is more important.
One other thing I should really clarify and that the @nytimes piece got *severely* wrong: while I believe there are very strong sociological and even causal links between rationalism and NRx (especially in the Silicon Valley homes bases) their ideological and methodological
— (((E. Glen Weyl))) (@glenweyl) February 14, 2021
IMO trying to correct whatever the NYT writer thought he knew/understood is futile. "Willing to be misunderstood by the NYT" should be the default stance unless you want to waste a lot of time correcting an obsolete 2013 map for people who don't care.
The thing is, the NYT still has enough normative cultural power, even as it has fallen from newspaper-of-record, that it takes a particular sort of heretical self-confidence to sort of ignore whatever they happen to be wrong about on any given week, whether or not it concerns you
A subtle shift has occurred in the workings of the Gell-Mann amnesia effect. It used to be an individual private amnesia re: media ("I'll believe myself when I am certain they got it wrong because I'm an expert, but still believe them when I am not"). Now it's a collective effect
A sort of common-knowledge threshold has been crossed lately. "Everybody knows that everybody knows the NYT is wrong on X across largish subcultures." It's no longer mutual beliefs being validated occasionally 1:1.
More from Crypto
The vast majority of its success was fueled by #DeFi.
Here's what happened in 5 Tweets 🔽
1) Governance Tokens 🪙
Projects gave complete ownership of billion dollar protocols to their users, often using retroactive airdrops.
Early adopters earned tokens for past usage, and token-based voting now dictates all technical
It pays to be a web3 power user.
— Coopahtroopa \U0001f525_\U0001f525 (@Cooopahtroopa) December 9, 2020
Five networks that issued retroactive airdrops to value added actors \U0001f4dd
2) Liquidity Mining ⛏️
Power users were the first to earn on-going distribution by providing liquidity.
$COMP sparked the wave, with $BAL coining the term a few weeks
BAL is live!
— Balancer Labs (@BalancerLabs) June 23, 2020
The 435k BAL for liquidity providers of the first three weeks of liquidity mining (145k per week) have just been sent out to the wallets used to provide liquidity on Balancer.https://t.co/pkXFzwzPVC
3) Yield Faming 🌾
Projects coupled liquidity mining and governance tokens to boost 'yields' by combining lending rates with an incentive layer.
APYs peaked as high as 1M% during 'DeFi summer', leading to a 'food coin' craze like $YAM and
Check out @Cooopahtroopa's latest post for all the #DeFi farmers out there \U0001f468\u200d\U0001f33e
— Zerion \U0001f3e6 (@zerion_io) June 26, 2020
Turns out @synthetix_io & @CurveFinance were ploughing the fields long before $COMP & $BAL came along.
Learn how to put your #crypto to work with this #yieldfarming 101 \U0001f4b8
\U0001f449 https://t.co/zYUKtqx3BK
4) Fair Launches ✅
Who needs investment when you can launch using yield farming?
@iearnfinance debuted $YFI with no formal funding, seeding a community treasury for self-sustainability.
The notion of a core team and community became one and the
2/ What is a Fair Launch?
— fair launch capital (@fairlaunchcap) August 26, 2020
A FL enables founders to bootstrap new crypto networks that are earned, owned, and governed by their community from the outset.
In this dynamic, everyone participates on equal footing\u2014there is no early access, pre-mine, or allocation of tokens.
https://t.co/PbjQkSlTT3
@quant_network are collaborating with MIT in the creation of ODAP
$QNT
2/ "In order for blockchain-based services to scale globally, blockchain networks must be able to interoperate with one another following a standardized protocol and interfaces (APIs)"
Gilbert founded ISO TC307 which 60 countries are working towards standardizing the interfaces
3/ "We believe that a blockchain gateway is needed for blockchain networks to interoperate in a manner similar
to border gateway routers in IP networks. Just as border gateway routers use the BGPv4 protocol to interact with one another in a peered fashion we believe that a...
4/ blockchain gateway protocol will be needed to permit the movement of virtual assets and related information across blockchain networks in a secure and privacy-preserving manner"
You can read more about the gateway protocol ODAP in this 21 tweet
See this 21-tweet thread about the creation of an Internet scale protocol to move digital assets involving Quant, MIT, US Government, Intel, Juniper, Payment and Telecom companies \U0001f447https://t.co/n7VGIIlAvq pic.twitter.com/mTUEmCMFZM
— Seq (@CryptoSeq) December 22, 2020
5/
"We motivate the need for blockchain gateways and blockchain gateway protocols in the following summary:
✅Enables blockchain interoperability:
Blockchain gateways provide an interface for the interoperability between blockchain/DLT systems that operate distinct consensus...
To make this transition easy & understandable for everyone, we are answering most frequently asked questions here.
Ready? Go! 🔥
1/24
#DeFi #YieldFarming
Q1 - What are the benefits of holding the $VALUE token on the Ethereum Mainnet network? Give me reasons not to sell. Some are assuming that the VALUE token will be abandoned now that vBSWAP is being created. Can you clarify the use case for VALUE?
👉 $VALUE will always be a governance & profit receiving token of the whole ecosystem if staked in #vGov. With the new farming token on #BSC , gvVALUE holders will get extra rewards at BSC if they choose to bridge their gvVALUE to BSC & stake in gvVALUE-B/BUSD 98/2 pool.
Q2 - What do I need to do with my VALUE tokens that are staked in vGov? Is it OK to leave them in the vGov?
👉If you have VALUE but aren't staking in the vGov & you would like to participate in the BSC expansion, you will need to stake your VALUE in the vGov to receive gvVALUE.
If you are staking in vGov but don't see the correct gvVALUE amount in your wallet, go to vGov (https://t.co/udXn5IJtVx) to unlock your gvVALUE from the old contract. There will be a bridge from ETH to BSC to move gvVALUE and vUSD over.