Featured Quote

The average pay, inflation adjusted, has dropped more than 40% – yet the Gretchen Morgenson's of the world want to write that it's going up and up… that's just wrong.

— Prof. Steven Kaplan University of Chicago finance professor specializing in private equity and leveraged buyouts

The defining feature of our era is that the next generation are bona fide digital natives. They've been raised in a digital world, so concepts like artificial intelligence or quantum computing don't faze them. They're backed by technology, making them tech-empowered. This is the first aspect. They're equipped both to decide how capital is utilized and to research if it aligns with their values.

Have you ever read Robert Greene's 48 Laws of Power? One of the laws is 'discover every man's thumbscrew,' which means that every person has something that matters deeply to them. I think you can approach this not from a negative perspective, but a positive one: to understand the 'good guys,' the 'bad guys,' and everyone in between. Why do they do what they do? As a journalist, the best way to uncover that is to listen—authentically.

I didn't have a childhood- I didn't play- every day was about survival. I was always moving to a different-place on a weekly/monthly basis.

Intelligence is the ability to solve problems. For me intelligence is a property of life. Even the most humble unicellular living organism must be intelligent to solve the problems of everyday life. Human intelligence is, for want of a better phrase, a degree of magnitude greater than the intelligence of a Paramecium or, better, of a Chlamydomonas; but the difference is just quantitative and not qualitative.

If you benchmark on everything, you simply become more similar to your competitors and move into a red ocean space which is highly, highly, brutally competitive. There's only room for one, maybe two at most, cost-cutting businesses.

We characterise our ideal 'Substacker' in affectionate terms – we call them outsider nerds – they're outsiders insofar as they don't fit comfortably in the dominant media structure for whatever reason – perhaps they feel they can do better work outside of it.

Industry and society today are one thing – it's the same business. You need to be close to humanity, have a soul, show blood. You must do the right thing, and you have to be transparent – it matters to the consumer, to the market, and to the team.

Look at something like Uber... on balance- it's still a taxi service! In the end, what they designed was a different way to connect customers and a service provider using technology, leading to a better experience for both.

You can have the best AI in the world and the best robots in the world, but if they aren't integrated well with the humans, then you will lose.

By 1970, with a budding awareness of computers, I envisioned a future where the cumbersome administrative tasks of gaming could be offloaded to computers, transforming gameplay into something as visually captivating as television but with the added allure of interactivity. My vision was clear: to merge the engagement of gaming with the visual appeal of TV, thereby revolutionising how we play.

My learnings came not only from our successes, but a lot of the key learnings came from failures. When you do experience failure rather than to run away from it, you have to sit down and do a good post-mortem and learn from your failures.

People play Farmville, they don't play Zynga! In the same sense, people don't go to Paramount movies, they go to see Mission Impossible.

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