david

Forging a beginner's mind

[Reads with Ravi @readswithravi]

“The meaning of life is to find your gift. The purpose of life is to give it away.”

— Pablo Picasso

[Reads with Ravi @readswithravi]

“When you fear something, learn as much about it as you can. Knowledge conquers fear.”

— Edmund Burke

[Reads with Ravi @readswithravi]

“You can’t compete with someone who is having fun.”

— Tiago Forte

[Amanda Orson @amandaorson]

The faster technology moves, the more I think about Bezos' question

What won't change in the next 10 years?

Things I've been writing down over time:

- Humans will always need shelter, food, energy, and healthcare.
- The desire for ownership and the accumulation of wealth.
- The physical world will move more slowly than the digital one.
- Every increase in technological capability, especially AI, will require more energy.
- People and businesses will continue to need access to capital.
- Capital will continue to seek returns that exceed inflation.
- Underwriting methods evolve, but demand for credit (loans) is persistent.
- Trust remains scarce and becomes increasingly valuable as content, code, and fraud become cheaper.
- Verified identities and reputation becomes more important as information becomes abundant and synthetic.
- Long-term wealth creation and dynastic (multi-generational) thinking predate modern technology, and will persist.
- Coordination and transaction costs never fully disappear; market friction will continue to justify the existence of firms and intermediaries.
- People will continue to compete for status.
- Consumers will pay a premium for products and services that confer status.
- Time remains fixed at 24 hours per day.
- But attention is a finite resource and an enduring constraint.
- Products that credibly save time (or enable delegation) have a perpetual market.
- Inaccessible, proprietary data will be a persistent moat. The more inaccessible and difficult to aggregate, the deeper the moat.
- People want accountability, recourse, and clearly identifiable responsibility when things go wrong.
- Regulation consistently lags technological innovation.
- Compliance requirements, licensing, and regulatory moats persist even when machines can perform the underlying task.
- Local knowledge remains valuable and difficult to replicate.
- Heterogeneous markets (like real estate) continue to reward people with deep contextual understanding.
- Incumbent organizations tend to underinvest in disrupting their own businesses, which always creates opportunities for challengers.

Bezos' insight on what wouldn't change in 10 years was "Customers will always want lower prices and faster delivery."

It's boring/ true, but I think that's the point.

Everything we build today can and will be rebuilt more cheaply, faster by someone else.

Build on the invariants, not the trends.

What have I missed?

[World and Science @WorldAndScience]

ego vs eco

[Paul Graham @paulg]

A startup idea that only works if there are already a significant number of people using it is not a valid startup idea. There has to be some subset of users who need what you're making so desperately that they'll use it even if no one else is.

[david @david_janotta]

„Loneliness is not cured by human company, loneliness is cured by contact with reality“
-Anthony De Mello-

[david @david_janotta]

@balajis @bank1ess

[Reads with Ravi @readswithravi]

This sentence by Nietzsche hits hard:

“I hate who steals my solitude without, in exchange, offering me true company.”

[david @david_janotta]

@kelvinhtat @iamAlexTurnbull Through Building startklar

[david @david_janotta]

@durov @bank1ess

[moons @moonsandhues]

Be careful with music. It's all programming of some kind.

[david @david_janotta]

@Geiger_Capital @bank1ess

[Ghassan Abu Sitta, Chair of Conflict Medicine AUB @GhassanAbuSitt1]

The Blood Bank in Gaza is unable to accept blood donations. The doners are too malnourished from the famine, too dehydrated from the diarrhea disease they got from drinking dirty water, and many have Hepatitis viral infections.

[david @david_janotta]

@TomasGreif @bank1ess

[david @david_janotta]

@hahauenstein Schlechte Ideen bekämpft man durch die Konfrontation mit besseren Ideen, nicht durch Ignoranz..

[david @david_janotta]

@hahauenstein Ich halte das Argument Rechten keine Platform bieten zu dürfen für völlig falsch.

[david @david_janotta]

@lopp @bank1ess Other side of the coin. Unfortunately, Bitcoin maximalism can turn people without sufficient grounding into cult-like fanatics..

[david @david_janotta]

Most of this is still like a dream.

Almost all of this actions, almost all of this words, almost all of this thoughts, almost all of this breaths - I is sleeping.