Tag: Facebook

  • A digital multiverse

    It was towards the end of 2020 that I came across Roblox and wrote Metaverse : Get a second life. Since that post, Mathew Ball has written the definitive primer on the Metaverse1, and if you’re interested in the subject, it’s a must-read. The word “metaverse”, ICYMI, was coined by Neal Stephenson in Snow Crash, and the book is being referenced in many recent conversations. In fact, Stephenson has been quizzed for years, each time we seem to take a step in this direction, and his comments continue to be prescient, insightful and hugely creative. This one, from 2017, in Vanity Fair, is a favourite, and contains, among other succinct gems

    The purpose of VR is to take you to a completely made-up place, and the purpose of AR is to change your experience of the place that you’re in.

    Neal Stephenson
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  • Default in our stars

    The thought first occurred to me a couple of years ago, when I realised that thanks to outsourcing and automation, we would struggle today to do many things that were once life skills. We also lost a little more than that – learning.

    Sometimes directly, and sometimes, through the interactions with the world, they facilitated a learning experience that taught one how to navigate the world and the different kinds of folks that made up its systems. 

    Regression Planning

    It was continued with a bit more specificity in a subsequent post.

    Instagram, Facebook, Tinder, Spotify, Netflix, Amazon – everything is a feed of recommendations, whether it be social interactions, music, content or shopping! Once upon a time, these were conscious choices we made. These choices, new discoveries, their outcomes, the feedback loop, and the memories we store of them, all worked towards developing intuition. 

    Intelligence, intuition and instincts. The journeys in the first two are what have gotten the third hardwired into our biology and chemistry. When we cut off the pipeline to the first two, what happens to the third, and where does it leave our species?

    AI: Artificial Instincts
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  • The shrinking shelf life of ecosystems

    One of my favourite business frames in the recent past has been Jeremy Liew’s “When a consumer market is new, distribution wins. As consumers become educated, product wins. When products reach parity, brand wins.”

    Two events happened in the last fortnight that made me reflect more on this. The first was Apple’s power move on Facebook and Google. The second one was here in India – FDI regulations affecting Amazon and Flipkart. Both were shows of influence, and involved distribution.

    It made me realise that the shelf life of this entire distribution-product-brand cycle is shrinking. Disruption is happening far before organisations can take advantage of wins at a previous level. (more…)

  • “Let them know you’re thinking about them”

    You’re familiar with that – it’s one of Facebook’s birthday reminders. Until some time back, I used to religiously wish folks on their birthday. But I have stopped that, it felt like cheating. To me, this sort of wishing reduced the significance of the event and the wish, and almost brought it to the level of an already degraded currency on the network – the ubiquitous ‘Like’. I know, this can be argued quite a bit. At a very simplistic level, wishing someone on the birthday could be like a little shot of dopamine for them, and easy for you to provide too.

    But I have at least two perspectives against this. Call it over-analysis if you will. The first is where I draw a parallel with travel. In the case of places, increased access and convenience tend to bring in people with motives different from an earlier set. From travelers to tourists. Right or wrong is subjective so let’s just say that the character of the places, and their residents change. Arguably, the first set of folks had a deeper bond with the place and more of an interest in its well being. And so too, with the wishes on Facebook. My birthday is off Facebook and I know that those who wish me now really have me in their thoughts.  (more…)

  • The Gatekeepers

    To quote Robert Wright from Non Zero: 

    To stay strong, a society must adopt new technologies. In particular, it must reap the non-zero-sum fruits they offer. Yet new technologies often redistribute power within societies. (They often do this precisely because they raise non-zero-sumness- because they expand the number of people who profit from the system and so wield power within it.) And if there is one opinion common to all ruling classes everywhere, it is that power is not in urgent need of redistributing. Hence the Hobson’s choice for the governing elite: accept valuable technologies that may erode your power, or resist them so well that you may find yourself with nothing to govern.  

    I consider the ruling class as gatekeepers because they control the access of the remaining populace to prosperity. Across time, different entities have played the role of gatekeeper by controlling different facets that can change society’s general prosperity. To name a few, religion by controlling behaviour, government (aristocracy to democracy) by controlling the central currency and freedom of all sorts, media by controlling information,  and the wealthy, by the sheer ability to control deployment of capital, and thereby job creation.   (more…)