He set a clear, understandable definition of the metaverse:
The metaverse is a time, not a place.
It’s when our digital life is more important than our physical life.
Hot Take:
The metaverse is going to make everything more extreme.
Here’s how the world is about to go on tilt and what it means for you 👇👇👇
He set a clear, understandable definition of the metaverse:
The metaverse is a time, not a place.
It’s when our digital life is more important than our physical life.
What happens when that shift occurs?
I think everything gets a lot more extreme.
Why?
We have more insight and visibility into everything that’s going on.
This will put more pressure on the proverbial pressure cooker.
Here are 10 examples:
As more economic activity moves online, constraints and barriers go away.
You can be 10,000 miles away and considered as a candidate for a job.
Measurement pushes away from inputs (politics, facetime) to outputs (deliverables).
More opportunity brings more competition.
Tasks will get "re-rated" to their global economic value.
- Growth Assistants in the Philippines (shoutout @jspujji)
- Developers in Eastern Europe
- Bookkeepers in India
Business will now truly be a global sport.
Software allows for infinite leverage and (theoretically) infinite upside.
A lot of people in tech think we’re in a bubble.
I think we’re just getting started.
We’re going to see more companies that are started by fewer people with bigger results.
More stimuli at our fingertips - notifications, tweets, messages, information - creates short consideration spans.
We either engage with short form content - e.g. TikTok - or long form content - e.g. 2 hour podcasts / binge TV.
The middle is no man's land.
@DaveChappelle has a great quote: "When you see everything, it’s hard to care about anything."
Again the middle drops out.
Pro - there's less friction to engage on things that matter to us
Con - there's zero mindshare to engage on things that don't matter to us
When friction reduces, decision making becomes faster.
We're seeing this play out live in many areas right now (most notably crypto).
Faster decisions = faster outcomes = faster iterations.
A virtuous cycle on the way up or a vicious cycle on the way down.
More and more perspectives will come online with increased connectivity.
This will lead to an increase in bottom up analysis + more ground truth discovery.
It'll also lead to a lot of noise.
Curating the right information diet will be key.
As more of my life is spent in the digital world, I've noticed I get agitated over the smallest things.
- Phone not connecting? Annoying.
- TV not streaming? Annoying.
- Browser not loading? Annoying
Subconscious, but we'll all continue to push in this direction.
We get to see a curated sliver of everyone's life in real time now.
In the future, it'll get even more curated and dynamic with faster feedback loops.
If you’re not careful this can create serious cognitive distortion.
The comparison game can be infinite.
Most people feel isolated because their viewpoints don't resonate.
But what happens when you take that viewpoint and extend it to 8B people worldwide?
Tribalism increases.
Why change your position if you can find people online that sympathize and agree?
1. Opportunities
2. Competition
3. Outcomes
4. Engagement
5. Empathy
6. Impulses
7. Voiced Opinions
8. Agitation
9. Comparison
10. Polarization
I don't know how that plays out, but I do know there will be lots of disruption and innovation.
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MDZS is laden with buddhist references. As a South Asian person, and history buff, it is so interesting to see how Buddhism, which originated from India, migrated, flourished & changed in the context of China. Here's some research (🙏🏼 @starkjeon for CN insight + citations)
1. LWJ’s sword Bichen ‘is likely an abbreviation for the term 躲避红尘 (duǒ bì hóng chén), which can be translated as such: 躲避: shunning or hiding away from 红尘 (worldly affairs; which is a buddhist teaching.) (https://t.co/zF65W3roJe) (abbrev. TWX)
2. Sandu (三 毒), Jiang Cheng’s sword, refers to the three poisons (triviṣa) in Buddhism; desire (kāma-taṇhā), delusion (bhava-taṇhā) and hatred (vibhava-taṇhā).
These 3 poisons represent the roots of craving (tanha) and are the cause of Dukkha (suffering, pain) and thus result in rebirth.
Interesting that MXTX used this name for one of the characters who suffers, arguably, the worst of these three emotions.
3. The Qian kun purse “乾坤袋 (qián kūn dài) – can be called “Heaven and Earth” Pouch. In Buddhism, Maitreya (मैत्रेय) owns this to store items. It was believed that there was a mythical space inside the bag that could absorb the world.” (TWX)
1. LWJ’s sword Bichen ‘is likely an abbreviation for the term 躲避红尘 (duǒ bì hóng chén), which can be translated as such: 躲避: shunning or hiding away from 红尘 (worldly affairs; which is a buddhist teaching.) (https://t.co/zF65W3roJe) (abbrev. TWX)
2. Sandu (三 毒), Jiang Cheng’s sword, refers to the three poisons (triviṣa) in Buddhism; desire (kāma-taṇhā), delusion (bhava-taṇhā) and hatred (vibhava-taṇhā).
These 3 poisons represent the roots of craving (tanha) and are the cause of Dukkha (suffering, pain) and thus result in rebirth.
Interesting that MXTX used this name for one of the characters who suffers, arguably, the worst of these three emotions.
3. The Qian kun purse “乾坤袋 (qián kūn dài) – can be called “Heaven and Earth” Pouch. In Buddhism, Maitreya (मैत्रेय) owns this to store items. It was believed that there was a mythical space inside the bag that could absorb the world.” (TWX)
