🔥 Campfire: Good taste, getting richer, and metaverse

Edition II

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Happy Monday!

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Updates

Last week I published an article about productivity and why you shouldn't be working more than 3-4 hours each day.

In case you've missed it – read it here.


To the Campfire!

Today at Campfire:

  1. Is there such thing as good taste?

  2. How rich get richer?

  3. Facebook's Odd "Metaverse" Move

Is There Such Thing As Good Taste?

At the beginning of the last week, I stumbled upon this article by Paul Graham where he explained what is good taste.

If there's no such thing as good taste, then there's no such thing as good art.

You can identify whether a person has good taste or not by showing a lot of works by different artists: the better art the person has chosen – the better taste he/she has.

Read the full article here

The Cantillon Effect: How the Rich Get Richer

I've been following Sahil for a while now, and always enjoy his emails and threads. Last week, he has published an article where he explains why proximity to the source of new money is very important and how the Cantillon Effect looks in action.

Read the full article here

Facebook's Odd "Metaverse" Move

After Facebook announced renaming its company to Meta, a lot of people, including Joe Rogan, started interesting discussions around the entire metaverse and web3 concepts.

In his conversation with Ben Shapiro, one thing that really resonated with me was that people will really accept this new reality because humans are fantastically adaptable.

I think you and I are a different generation, dude. There are a lot of kids growing up in a Fortnight world. And I think pandemic really accelerated it. There were a lot of people who lived online for the entire pandemic.
For people like and my parents, not seeing other humans for a long time was actually quite terrible and painful. We actually did want to get out, be with the community and see friends.
But what if you spend your entire life since when you were a little kid interactive with screens. What if those screens are getting increasingly sophisticated so they are interacting with you in ways that humans would?

My thought on this is very simple and straightforward – I don't want my kids to live in a virtual world, but I do want them to be able to connect with anyone in the world in a very natural way. I'm a huge believer in augmented reality (AR) which combines the feeling of the real world with the possibilities of digital.

Watch the video here