Management

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What is the Metaverse?

Wall-E
In the metaverse (meta: to describe, verse: egotistically short for universe), everyone lives their ideal lives, visits amazing places, hangs out with incredible people, and has photographic evidence to prove it. In a metaverse, every event is epic, so even mishaps are considered exceptional. How might this evolve? Continue Reading →

Is Meta Smarter Than Google?

Mark Zuckerberg wants to build an AI universal translator for Meta: "This is going to be especially important when people begin teleporting across virtual worlds and experiencing things with people from different backgrounds.” He's right, of course. Continue Reading →
Barry Diller's IAC’s Dotdash will cease publishing print versions of six magazines: Entertainment Weekly, InStyle, EatingWell, Health, Parents, and People en Español. They will live on as digital-only brands. The decision triggers about 200 job cuts. Continue Reading →

The Social Network Effect

Facebook's power is a direct result of the network effect. Each user's utility of Facebook increases as the number of users increases. (Said simply, the more the merrier.) Continue Reading →
After coming under fire from rock and folk legends for giving voice to misinformation about COVID-19 vaccines on Joe Rogan's podcast, Spotify CEO Daniel Ek said the company will add a "content advisory" to any podcast episode that includes a discussion about COVID-19. Continue Reading →
Two seemingly unrelated stories should get your attention today. Microsoft's planned $75 billion acquisition of Activision Blizzard lays the groundwork for a corporatized, centralized metaverse that will enjoy all the advantages of technical dominance and global brand recognition at birth. Continue Reading →

Walmart in the Metaverse

According to CNBC, Walmart plans to create its own cryptocurrency as well as a collection of NFTs. The big-box retailer filed for several new trademarks that indicate its intent to make and sell virtual goods, as well as to create its own cryptocurrency and NFTs. Continue Reading →
Back in June '21, I wrote, "I’ve just become aware of the best example of everything that is bad (and hopefully temporary) about crypto-insanity. If you are wondering about the hype, this article from Coindesk is very instructive." Continue Reading →

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