
Purpose Struggle
Yesterday, I decided that my blogging career should come to an end. I was doing myself a disservice. I told myself that the goal of the posts was to dig deeper, peel back the layers, get down to the core. But by publishing online (or on-chain as the case may be), I was subconsciously writing for others, even if I told myself that I didn't care if others read. So, in an effort to be more authentic, I figured I'd stop publishing and start doing a private journal. Within 2 hours of that decision...

Value. Happiness.
I feel happy. It's fun, it's light, like a feather floating at the beginning of Forrest Gump. But, like the feather, it's not grounded. It can flitter and float away. Value is also ephemeral. We know it when we see it. We feel it, somewhere deep inside. Something connects to us, saying "yes, this is worth it." The "it" that it's worth is energy. Energy in the form of time, attention, money. The things of which our possession is limited. There's a reason why all the great traditions point to "...

Coffee with AI
Every day for the past month, I’ve had a coffee date with AI. I literally sit down, with a cup of coffee, with an appointment on my calendar that says “coffee with AI”. During that time, AI (I’ve used ChatGPT, Gemini, Perplexity, Claude, and Venice) and I literally have a chat, the way I would with a friend. It’s not “write this letter for me” or “do this or that.” No, it’s a chance for us to have a conversation about whatever topic I want. Many days, recently, at least, it’s been about quant...
www.twitter.com/jer979

Purpose Struggle
Yesterday, I decided that my blogging career should come to an end. I was doing myself a disservice. I told myself that the goal of the posts was to dig deeper, peel back the layers, get down to the core. But by publishing online (or on-chain as the case may be), I was subconsciously writing for others, even if I told myself that I didn't care if others read. So, in an effort to be more authentic, I figured I'd stop publishing and start doing a private journal. Within 2 hours of that decision...

Value. Happiness.
I feel happy. It's fun, it's light, like a feather floating at the beginning of Forrest Gump. But, like the feather, it's not grounded. It can flitter and float away. Value is also ephemeral. We know it when we see it. We feel it, somewhere deep inside. Something connects to us, saying "yes, this is worth it." The "it" that it's worth is energy. Energy in the form of time, attention, money. The things of which our possession is limited. There's a reason why all the great traditions point to "...

Coffee with AI
Every day for the past month, I’ve had a coffee date with AI. I literally sit down, with a cup of coffee, with an appointment on my calendar that says “coffee with AI”. During that time, AI (I’ve used ChatGPT, Gemini, Perplexity, Claude, and Venice) and I literally have a chat, the way I would with a friend. It’s not “write this letter for me” or “do this or that.” No, it’s a chance for us to have a conversation about whatever topic I want. Many days, recently, at least, it’s been about quant...
www.twitter.com/jer979

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As a big fan of Carlota Perez’s work, I reference her cycles of innovation (mentally) very frequently.
All of the studies she has done, however, referred to the cycles for atom-based innovation.
As we move from Web 2 to Web 3, an increasing amount of innovation is purely digital, which makes me wonder if these cycles are going to increase in speed and thus, shorten.
I was discussing this with a friend who is also a friend of Perez and he had wondered the same thing.
He made a great point, one which I hadn’t considered before.
Though the cycle of innovation may be shorter, the cycle of adoption may not change (or, at least, changes much more slowly) because adoption is dependent on humans and humans take a while to change their behaviors.
Which means that Web 3 will probably take longer than I hoped.
But it will still be faster than most expect.
As a big fan of Carlota Perez’s work, I reference her cycles of innovation (mentally) very frequently.
All of the studies she has done, however, referred to the cycles for atom-based innovation.
As we move from Web 2 to Web 3, an increasing amount of innovation is purely digital, which makes me wonder if these cycles are going to increase in speed and thus, shorten.
I was discussing this with a friend who is also a friend of Perez and he had wondered the same thing.
He made a great point, one which I hadn’t considered before.
Though the cycle of innovation may be shorter, the cycle of adoption may not change (or, at least, changes much more slowly) because adoption is dependent on humans and humans take a while to change their behaviors.
Which means that Web 3 will probably take longer than I hoped.
But it will still be faster than most expect.
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