Sublime

Soaring per-employee valuations are a vivid demonstration of the way accelerating information and communications technology can leverage the efforts of a tiny workforce into enormous investment value and revenue.

Politics

In this new economy, three groups will have a particular advantage: those who can work well and creatively with intelligent machines, those who are the best at what they do, and those with access to capital.

The current wave of advances in artificial intelligence doesn’t actually bring us intelligence but instead a critical component of intelligence: prediction. Prediction is a central input into decision-making. Economics has a well-developed framework for understanding decision-making. The new and poorly understood implications of advances in predict

Economists now recognize that many industries, including the manufacture of software platforms, are guided by economic principles that differ in important ways from those that govern traditional industries. Many of these two-sided or multisided industries are subject to network effects, which were studied extensively by economists during the 1980s

We are now creating tame humans that produce enormous amounts of data and function as very efficient chips in a huge data-processing mechanism, but these data-cows hardly maximize the human potential. Indeed, we have no idea what our full human potential is, because we know so little about the human mind. And yet we don’t invest much in exploring t