Link tags: investment

Pop Culture

Despite all of this hype, all of this media attention, all of this incredible investment, the supposed “innovations” don’t even seem capable of replacing the jobs that they’re meant to — not that I think they should, just that I’m tired of being told that this future is inevitable.

The reality is that generative AI isn’t good at replacing jobs, but commoditizing distinct acts of labor, and, in the process, the early creative jobs that help people build portfolios to advance in their industries.

One of the fundamental misunderstandings of the bosses replacing these workers with generative AI is that you are not just asking for a thing, but outsourcing the risk and responsibility.

Generative AI costs far too much, isn’t getting cheaper, uses too much power, and doesn’t do enough to justify its existence.

Design System Won’t Fix Your Problems | Viljami Salminen

This is something we’ve learned at Clearleft—you can’t create a design system for an organisation, hand it over to them, and expect it to be maintained.

You can’t just hire an agency to create a design system and expect that the system alone will solve something. It won’t do much before the people in the organization align on this idea as well, believe in it, invest in it, and create a culture of collaboration around it.

The people who will be living with the design system must be (co-)creators of it. That’s very much the area we work in now.

How Warren Buffett Won His Multi-Million Dollar Long Bet

The story of Long Bets, specifically that one.

Given the nature of the long bet I’ve got running, I’m surprised that the Long Now Foundation are publishing on Medium. Wanna bet how long this particular URL will last?

An acquisition is always a failure

An acquisition, or an aqui-hire, is always a failure. Either the founders failed to achieve their goal, or – far likelier – they failed to dream big enough. The proper ambition for a tech entrepreneur should be to join the ranks of the great tech companies, or, at least, to create a profitable, independent company beloved by employees, customers, and shareholders.

The Pinboard Investment Co-Prosperity Cloud

VC funding that actually makes sense, from the always-sensible Maciej Cegłowski.