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427

Cash issuing terminals

In the United States, we are losing our fondness for cash. As in many other countries, cards and other types of electronic payments now dominate everyday commerce. To some, this is a loss. Cash represented a certain freedom from intermediation, a comforting simplicity that you just don't get from Visa. It's funny to…

429

This time is different

3D TV, AMP, Augmented Reality, Beanie Babies, Blockchain, Cartoon Avatars, Curved TVs, Frogans, Hoverboards, iBeacons, Jetpacks, Metaverse, NFTs, Physical Web, Quantum Computing, Quibi, Small and Safe Nuclear Reactors, Smart Glasses, Stadia, WiMAX. The problem is, the same dudes (and it was nearly always dudes) who…

431

How will OpenAI compete?

OpenAI has some big questions. It doesn’t have unique tech. It has a big user base, but with limited engagement and stickiness and no network effect. The incumbents have matched the tech and are leveraging their product and distribution. And a lot of the value and leverage will come from new experie

447

The Sideprocalypse

You can't open a feed today without having AI boosters fling word salad like "agentic engineering" or "openclaw" into your beautiful but disapproving face. I'm terrible at predicting the future—you should ask me about selling NVIDIA stock in early 2022 some time—but one thing seems…