Maturation is realizing that there is no “karma.” The recruiters that ghosted you, clients that screwed you, or VCs that mistreated you will not face “justice” nor will they “miss out” in a way they’ll recognize or care about.
It seems like a large # of the tweets going out about horror VC stories are about the same one investor and yet that investor continues to be wildly successful so I’m really not sure what the lesson to takeaway is here 🤣
While I think the “Greedflation” memes are really funny, they may be preventing us from asking whether merchants have reduced prices in response to the tariff judgments. Has anyone looked into this?
Giannis says buying a $1M Ferrari really costs him $1.1M because of the money he loses by not investing it
"everything that I put my money in has to return value to me back"
"when I give $1,000,000 to a Ferrari Purosangue, I'm not giving $1 million. I'm giving $1,100,000"
"because I'm losing the interest that I'm making from that money"
Large productivity gains from AI don't lead to equally big gains in software.
+40%/+140%/+180% commits from autocomplete/interactive/autonomous agents but only +50%/+30% projects/releases
And does this new software get used by consumers? Not really. It's invisible/irrelevant.
China growing at 2.9% @nikopartnersinc, 9% for the U.S. in 2024 report @SensorTower. Proxy for each country's overall growth rate! Reflective of why China more relevant in gaming conversations: forced to crowd westward as domestic growth stalls.
There should be job losses if this is a transformative technology! The key id employment not jobs - jobs come and go, but it’s employment and wages people want - not “a” job.
As an aside, if you want to know how Asian game companies are embracing GenAI, here's a list of what Tencent alone announced this week.
1. Upgraded AI game companion for Honor of Kings
2. AI powered UGC tools for Peacekeeper Elite
3. AI assistants for Valorant Mobile and Path of Exile 2 to learn about the best tactics / best builds.
4. AI-powered digital humans and AI-generated 3D content for a porcelain crafting simulation game.
5. An AI-powered neural dynamic global illumination solution for developers.
6. An AI game creation platform where you use natural language to create 2D and 3D games.
7. WorkBuddy AI agent for office workflows.