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There's a new set of transformative technologies such as machine learning, AI, and virtual reality that will spawn another set of big tech franchises. But in terms of cultural impact, perhaps we are at peak Valley.
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I think it's a competitive advantage that both Amazon and Google and other tech companies have over a lot of their counterparts. They take big risks and are pioneering new markets with the promise of big rewards. It's why Amazon is kind of reliably starting new businesses and opening kind of new frontiers.
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Airbnb's genius was moving into cities and recognizing that millennials would want to go and maybe spend a vacation or visit some friends in an urban center.
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Amazon is famously run by studying and responding to its own data; yet when it comes to promotions, decisions are often subjective and guided by human emotions and petty political dynamics.
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I think Facebook has a lot of work to do to make sure people are seeing meaningful things and not garbage.
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Until you prove yourself, modeling the behavior of iconoclasts is dangerous.
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No matter how hard we strive for objectivity, writers are biased toward tension - those moments in which character is forged and revealed.