So just keep in mind the psychology of like what happens when you're incentivizing an action, the end consumer eventually understands it's flawed. What Yelp's, you know, anonymous breaks for the same reason. Eventually, the data, the content isn't valuable. The fact that everybody just heard that you have a business that takes a customer that comes to a local business, they get a better deal to write a review on Yelp, has already made them not like Yelp as much anymore. Yelp was cruising until people started having friends or dating somebody who worked for a PR agency that wrote fake Yelp reviews.
When you game the truth, you become vulnerable. So I would be very thoughtful about what you're incentivizing so it doesn't become the vulnerability of what you're building. You stay away from that one vulnerability, every other thing is right. AI Messenger hasn't even started, it will be a huge space. SMBs' spend on social media hasn't even started, it will be a huge space. Just gives thoughts to the last part. - [Eugene] Nice, thank you. - You got it. How are you? - [Victoria] Good, how are you? - Good, what's your name? - [Victoria] Good, my name is Victoria Ekwenuke. I'm the global brand manager at Ebay. - Awesome. - [Victoria] Yeah, and I just found it very interesting that at your core, buying and selling is who you are. - Yes. - [Victoria] And you know, a part of my job, I'm thinking about the future. I was actually spending some time at the Long Now Foundation. And they're building a clock to last for 2,000 years. And I can't help but think, you know, we've evolved. So trade, barter, commerce, e-commerce, you talk about Craigslist, you talk about being practical. How do you think all that's going to evolve in 2,000 years from now, and what are your thoughts of the future? - First of all, my first thing that ran through my head is like Victoria, I love you, but I'm not fucking Nostradamus. (audience laughter) That's the first thing that I thought of. Look, I think, you know, I think one thing, if you study human behavior, when you start getting into hundreds and thousands, you start to see circles, right, so I think technology is getting awfully close to barter. Do you know how much dumb shit everybody in this room right now has in their home? And then somebody else has dumb shit that that person wants? Like, I'm fascinated by barter in such an interesting way. Look, we're always gonna trade, it's always that. You know, back to the woo-hoo in the audience. Like, crypto's so fun because it's opened up so many different thoughts in my mind. The fact that you can sell me your home and we can do that in the blockchain, and all the people in the middle that have nothing to do with anything get cut out, and all those economics go back to us, energy bills. Like, you start looking at some of this, 30% of the money you're paying for your energy in your home is for people in the middle that do nothing. So we're getting closer and closer to a world of us. Which I think is super fascinating, massively vulnerable for governments. Which is why I think it's not gonna happen so quickly. If you really understand blockchain, like, China, America and Russia are not in the business for allowing it to actually succeed. 'Cause then we become one team. You take away currency, bombs are the only thing left, it gets really kind of, like I don't think people are playing, people are so obsessed with Bitcoin, they're not even on the theorem, they're not even on blockchain, like this is real technology.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
December 2018
Categories |