Internet economy
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X @Balaji
Balaji· 2025-11-18 07:53
Roon (@tszzl) is correct that the still largely positive-sum culture of Silicon Valley and the zero-sum culture of Washington DC couldn't be more different.I'd argue the next step is to realize that the Internet is now bigger than the physical Silicon Valley. Most major technologies in the physical world have already largely decentralized away from SV, as has been widely reported. And digital decentralization is also well underway if you look at the graphs for unicorns, crypto, and AI:Then, the next step is ...
X @Balaji
Balaji· 2025-09-21 03:42
My explanation is that the legacy economy is being sunset in favor of the Internet economy. https://t.co/DTVsMwInvWPatrick Collison (@patrickc):These companies are ostensibly in totally different businesses and yet seem to exhibit the same growth dynamics. What's the explanation? (Pictured: ~$200B -> ~$3T.) https://t.co/KyafjeOvq2 ...