- If you haven’t heard of Lambda School, it’s time to start paying attention – Stefan Von Imhof
If you’re active on Twitter, by now you’ve probably heard of Lambda School — the online school where you owe nothing until you get a job.
If not, it’s probably time to start paying attention.
The future of education is here.
- Guilty (of Success) by Association – Leon Coe
Conclusion: If you want to create something important, randomness is more influential than focus.
Subject Matter: Where you live has a large effect on the type of randomness you encounter, thus shaping your thoughts, friends, and things you work on.
- India’s population growth will come to an end: the number of children has already peaked – Our World in Data
India’s population is expected to continue to grow until mid-century, reaching an estimated 1.68 billion in the 2050s. But an important piece of evidence tells us that population growth will come to an end: The number of children in India peaked more than a decade ago and is now falling.
What are the second-order consequences of this fact? How will this affect the economy?
- Schumpeter on Strategy – Jerry Neumann
The mainstream of economics, then as now, pretty much tries to describe the economy as if it shouldn’t change. If it is changing, it’s changing towards an equilibrium, where it won’t have to change any more.
Schumpeter noticed that this is not how it works. Both the economy as a whole and individual businesses change constantly. His model of the latter, in his Theory of Economic Development, explains how some entrepreneurs make an unusually large amount of money.
There are three main parts.
First, almost all entrepreneurs don’t make an abnormal amount of money, even of the successful ones. They make the same amount as if they were doing the same job for someone else.
Obviously, some entrepreneurs do make a lot of money. This is the second part of Schumpeter’s argument. Those that make money, an entrepreneurial profit, do so by breaking the status quo. They innovate. They either get their inputs for less or they sell their outputs for more.
Third part of the argument: this entrepreneurial profit goes away over time. Competitors figure out that there is this extra money and they imitate the innovator. When this happens, the surplus or excess profit is worn away as imitators enter the market and compete with the innovator.
- Time & Tribe – John O’Lilly
The special thing about having that much context, and people around who know & believe in you is how much they can frame the year that’s past, and the year ahead.
Your tribe has the context about you & your life — and can remind you, when you need it, of who you are, and who you can be.
- Introducing Lambda Async: Our Way to Guarantee Student Job Readiness – Caleb Hicks
This is an excellent example of how technology can help scale effective student outcomes. All driven by aligned incentives.
- Remembering Pierre Kabamba – Ribbonfarm
This is a touching profile of Venkatesh Rao’s advisor.
- The tech sector is over – Financial Times
Everything is tech. Software has eaten the world (almost).