july

Fatter tails on upside outcomes via Internet distribution implies quantity of reps matter more than quality

Quantity of reps going up implies median quality of rep going down, but it also implies improved quality of rep through repeated practice

Where is the free market of human activity going to lead us?

weird internet kid. helping Creators with /seemore. yapping on /okbanger. curating in /creators and /cameron. dev + veteran + HBS. 
seemore.tv/cameron 🫡

what does "free market of human activity" mean exactly

founder /openventures | /proxyswap | tokenbot @clanker

left it open ended bc I genuinely think this logic applies to basically any human endeavor today

but if I had to define it I’d say something like

“any approximately meritocratic industry, social group, or subculture that is influenced by modern technocapitalist incentive structures”

But we already see a ton of pre-existing industries forced to acknowledge more and more winners selected by the “free market of human activity” a la internet distro

Standup comedy
Music
Writing

Even if we hate our algorithmic overlords and the proxy is imperfect, it’s a pretty bad time to stan Gatekeeping haha

I agree about quantity of reps mattering, but have little faith that most industries or groups that consider themselves meritocracies are actually meritocratic. 

we have a long way to go, crypto and even more so tech rely on credentialism, insular networks + superficial indicators of prestige > talent, contributions