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Inside: Privacy Without Monopoly; Broad Band; $50T moved from America's 90% to the 1%; and more!
Archived at: https://t.co/QgK8ZMRKp7
#Pluralistic
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This weekend, I'm participating in Boskone 58, Boston's annual sf convention.
https://t.co/2LfFssVcZQ
Tonight, on a panel called "Tech Innovation? Does Silicon Valley Have A Mind-Control Ray, Or a Monopoly?" at 530PM Pacific.
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Privacy Without Monopoly: A new EFF white paper, co-authored with Bennett Cyphers.
https://t.co/TVzDXt6bz6
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Today, @EFF published "Privacy Without Monopoly: Data Protection and Interoperability," a major new paper by Bennett Cyphers and me. https://t.co/Ma2FE2vZ9u
— Cory Doctorow #BLM (@doctorow) February 13, 2021
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Broad Band: Claire L Evans's magesterial history of women in computing.
https://t.co/Lwrej6zVYd
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One of the most Monkey's Paw things about my life is my relationship to books. When I was a teenager, I read all the way through the school and public libraries, spent everything I had on books, and still couldn't get enough and dreamt of more.
— Cory Doctorow #BLM (@doctorow) February 13, 2021
1/ pic.twitter.com/Lgkdk5a7YA
$50T moved from America's 90% to the 1%: The hereditary meritocracy is in crisis.
https://t.co/TquaxOmPi8
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Inequality requires narrative stabilizers. When you have too little and someone else has more than they can possibly use, simple logic dictates that you should take what they have.
— Cory Doctorow #BLM (@doctorow) February 13, 2021
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I have already left both Facebook & Instagram. We need to keep agile.
They will try to ban Parler, blaming it for Capitol theatre. I think Telegram may survive as it's not based in the
Yes Telegram owner @durov received & accepted what effectively is an award, not a partnership: the Young Global Leaders membership of the World Economic Forum in 2017. Does this mean he passes users info on? I don't think so.
This is what @Snowden had to say about @durov. Since then Telegram introduced the option of end to end encrypted chats not saved in Telegram servers. These private chats cannot be forwarded, and none of the participants can capture screenshots of
Trust us not to turn over data. Trust us not to read your messages. Trust us not to close your channel. Maybe @Durov is an angel. I hope so! But angels have fallen before. Telegram should have been working to make channels decentralized\u2014meaning outside their control\u2014for years.
— Edward Snowden (@Snowden) December 30, 2017
Happy New Year everybody!
[THREAD] ⬇️
1/ Thread on how American Express
American Express is not like Visa and Mastercard. \U0001f4b3
— Ryan Reeves (@investing_city) May 15, 2020
The business model is much more like a bank than anything else. \U0001f3e6
Business Breakdown [THREAD] \U0001f447\U0001f3fd pic.twitter.com/PvlUST0rtl
2/ Thread on how Coca-Cola makes
Did you know that Coca-Cola makes the majority of its profit from selling its secret-formula of flavoring?
— Ryan Reeves (@investing_city) June 5, 2020
Business Breakdown [THREAD] pic.twitter.com/paPLCzHhpw
3/ Thread explaining popular software
Software terms are confusing right?!
— Ryan Reeves (@investing_city) August 21, 2020
I'll try my best to explain these concepts:
- Bookings
- Billings
- Revenue
- ARR
- DBNER
- DBGRR
- DBNRR
- Deferred Revenue
- RPO
[THREAD]
4/ On consistency
If, EVERYDAY, you:
— Ryan Reeves (@investing_city) July 13, 2020
- did 10 burpees
- read 20 pages of a book
- saved $10
That would probably put you in the top quartile for health, knowledge and wealth.
Consistency is extremely undervalued.
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Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.