Search results
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The Dark Forest, and Dead Internet Theory
CHATI have not posted any new articles online in years. I did not think of it in terms of game theory, though (interesting article you linked, Andy!) For me, it was more intuitive. Every time I got the urge to write and put something out there, I would think "Why bother? AI will just steal it...- jdm667
- Post #4
- Forum: General Business Discussion
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The Number of Americans Worth Tens of Millions Has Exploded. And They’re Not Who You Think.
NEWSDecades ago, in "The Millionaire Next Door", the authors made it pretty clear that business owners and first-generation entrepreneurs did very well at getting into that particular group. Due to inflation, I guess it is $10M+ now, instead of "just" $1M. But the same truth still holds. Thanks for...- jdm667
- Post #3
- Forum: General Business Discussion
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- jdm667
- Media item
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- Category: User Media Uploads
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Boston / New England
MEETUPS@Dark Water I am about 20 miles outside of Boston. Feel free to message me- jdm667
- Post #2
- Forum: Networking and Meet-Ups
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How does the Economy Work? Economics Unleashed: Powering Your Business and the World
CHATThanks for starting the thread @Antifragile A couple things here: @heavy_industry , I have thought about a related concept lately, gold vs fiat vs crypto ... Now, I am not a bitcoin nut, but some people say "bitcoin has no real value, because there is nothing backing it". Well, there is also...- jdm667
- Post #3
- Forum: General Business Discussion
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Opportunities in Food Business Entrepreneurship: Don't Dismiss It.
NOTABLE! ASSERTIONI have been hearing a lot about elderberry lately. Tea, gummies, jam/jelly, syrup, juice and so on. It has to be cooked before consuming, but it is supposed to have numerous health benefits: -antibacterial and antiviral -good for respiratory ailments -helps regulate blood sugar -more...- jdm667
- Post #29
- Forum: Business Models, Niches, Industries
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Killing Cable Television
OFF-TOPICHave not had cable for a LONG time. Right now, Netflix, Paramount Plus, and YouTube Premium is plenty.- jdm667
- Post #6
- Forum: Off-Topic Threads
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ChatGPT AI is a huge breakthrough, a Google killer
- AI -Undoubtedly. Running the servers is probably costing way more than they thought. Now they know why Google limits the crawl budget for indexing websites. Unrealistic income and expense projections is probably a big part of why Sam Altman is gone.- jdm667
- Post #673
- Forum: AI Tools, Platforms, Software, Use Experiments
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATOn one hand, I am jealous of kids today that can learn so much on YouTube, etc. That didn't exist before I went to college. On the other hand, there are so many distractions online - I am surprised kids can learn anything now.- jdm667
- Post #18,919
- Forum: Off-Topic Threads
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One of the biggest mistakes of big thinkers
GOLD! HOT! MINDSETI think this is a huge reason people never start a business - or, why they fail. They see a small task and think "No big deal, I'll just skip it." Or, worse, "That task is beneath me." But it's never one task skipped. It always turns into more. Inevitably, those undone tasks add up and hurt...- jdm667
- Post #10
- Forum: Mindset and Self-Development
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[PROGRESS THREAD] (24 y/o) Sick and cognitively impaired for 2 years... Doing the work anyway
HOT! EXECUTIONI remember following your other thread about the agricultural website a few years back. I didn't know you had this thread until today. Nice work on the website growth, especially with limited time to devote to it! It reminds me of when MJ sold the limo business, then bought it back again later...- jdm667
- Post #31
- Forum: Process and Execution
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATI guess he doesn't subscribe to MJ's concept of entrepreneurial monogamy!- jdm667
- Post #17,997
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATSounds about right. I worked at a corporate job for about a year, then switched to a different one. I simply thought the first job was not right for me. After a year at the second job, I left that one also. The problem was not the companies or the jobs. The problem was that I don't fit into...- jdm667
- Post #17,996
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATVery true - those who know how to wield the capital will end up with more of it. From a math perspective: people who are better at investing and allocating capital will get a higher rate of return on their money. So, even if you equalize everything today, the people getting the highest rate of...- jdm667
- Post #17,953
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATNo no no - first, you have to assemble your ragtag team of misfit thieves, one of whom will inevitably betray you before the heist is over.- jdm667
- Post #17,941
- Forum: Off-Topic Threads
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Stock Market Discussion, Chat About the Latest Market Action
HOT! CHATI think this is the true reason that so many bosses are insisting on return to work. Deep down, they know there will be systemic problems otherwise. Like you said: commercial RE, residential RE, supporting retail spaces, restaurants - they're all intertwined. A lot of people think "real estate...- jdm667
- Post #536
- Forum: Investing, Crypto, Personal Finance
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Stock Market Discussion, Chat About the Latest Market Action
HOT! CHATSo on-time inventory destroyed demand for warehouse space in the 90's - just like covid and remote work destroyed demand for office space recently. It sounds like AI might have the same effect now as PC's had in the 90's: lots of jobs gone. If AI destroys as many jobs as predicted, that will...- jdm667
- Post #534
- Forum: Investing, Crypto, Personal Finance
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Stock Market Discussion, Chat About the Latest Market Action
HOT! CHATDo you think the office building crunch is worse now than it was in the 90's? A 40% drop in revenue for NYC means lots of municipal layoffs, then people not paying their rent/mortgages, eventually causing problems in the residential market as well. Like dominoes...- jdm667
- Post #530
- Forum: Investing, Crypto, Personal Finance
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Is Dave Ramsey your typical slowlane guru?
OFF-TOPICI like this explanation WJK, and I agree. If a person is unable to manage personal cash flow, it is unlikely that their business cash flow will look much better. It might be embarrassing for some people to start with financial "baby steps", so to speak - but I think it would be much worse for...- jdm667
- Post #18
- Forum: Off-Topic Threads
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