Healthcare is clearly in the hybrid phase with the amount of health-tech companies out there. And instead of StubHub and other aggregators operating ticketing for live events and taking a large fee, you’ll see artists use NFTs as a way to directly provide this to fans.
With crypto, it will be possible for artists to crowd-fund and share royalties with their fans (3LAU is working on this at Royal ) or artists to generate art and earn royalties. working at an existing finance or insurance company. For example, I believe there’s much more opportunity in building an insurance or credit product via an algorithm that calculates risk and pools money from peers together vs.
#Hybrid theory how to#
Sure, there’s still a bit of upside working in fintech or insurtech, but the real upside is how to re-invent these offerings on top of crypto. I’ll leave you with some predictions of where I see certain industries heading with crypto as the new “what’s possible” layer: The early majority onboards as the experience gets better and by the time the experience is awesome, everyone is using it. The new possible with a bad experience represents where the early adopters live. It turns out that this evolution actually maps pretty closely to what we discussed in edition #6 on adoption curves. I believe the smartest employees, investors, and entrepreneurs should look to either create new experiences or improve existing subpar experiences on this new layer powered by crypto. Yes, the experience on the new possible isn’t great yet, but that will change - until one day, there’s a new possible. Crypto represents a completely new possible by enabling faster and cheaper transactions. Over the past 10 years, we’ve seen a rise in “fin-tech” apps such as CashApp/Venmo/etc representing the hybrid phase: they made the banking experience much better although still sat on top of the same infrastructure (with the same issues). Why? Let’s ask world-renowned expert Karthik Senthil 🤪:įor example, in the banking/finance space, visiting a bank branch represents the left-most side of this framework. Today, all written communication happens digitally, whether it’s email, sharing Google Docs, or chatting with friends.īalaji’s meta point is that this evolution is inevitable across every facet of our life.
#Hybrid theory full#
It’s why every home & office had a printer.įinally, we land in a “native digital” state where the full experience is digital. Microsoft Word or scanning to a PDF), but paper still acted as the OS. We invented digital experiences that made reading/writing/sharing easier (e.g. Then, technology pushed us to a hybrid phase. It underpinned how everything worked and all of our experiences (reading/writing/sharing) were predicated on top of it. In the podcast, Balaji uses written communication as an example to describe the natural evolution of physical to digital:īack in the day, physical paper was the “operating system” (OS) for written communication. How to use it (especially as an investor or entrepreneur) + future predictions Let’s dive in - we’ll discuss:īalaji on the physical → hybrid → digital evolution In fact, it inspired me to come up with something I call the “Hybrid Theory”, which is a framework that predicts how all things will evolve. Balaji’s mental model on how things inevitably progress from physical → digital fundamentally changed how I look at the world. As a result, Linkin Park too frequently come off like another Hybrid song, “Papercut”: They can slice and dice, but just not deep enough.If last week I zoomed all the way in on how to approach NFTs, this week I’m zooming all the way out by shamelessly borrowing from one of my favorite thinkers (Balaji) and his absolutely EPIC 4 hour podcast he did with Tim Ferris back in March (if you haven’t listened to it yet, I’m serious - stop reading this now and go listen to it. Maybe too at home - Bennington and Shinoda often slip into corny, boilerplate-aggro lyrics: Thanks to “voices in the back of my head” (“Papercut”), they’re “one step closer to the edge” (“One Step Closer”), suffering “wounds will not heal” while the “walls are closing in” (“Crawling”). This Southern California five-piece knows its way around a hook: Crashing, loud-soft dynamics run through the album, and producer Don Gilmore (who has worked with Eve 6, Lit, Pearl Jam) gives the guitars and samples a raw-meat heft that will sound right at home on modern-rock radio. A rap-rock outfit with a jones for Depeche Mode? Is this a glitch in the matrix? Linkin Park’s debut album, Hybrid Theory, is a freaky-deaky fusion that works in spots - on “Crawling,” MC Mike Shinoda’s catchy rhymed refrains bounce off singer Chester Bennington’s New Wave croon, proving that synth-pop can get with the hip-hop.
0 kommentar(er)
