Do you ever have those days? Days where you’re so fixated on the downs that you become oblivious to the obvious ups? I’ve been trying to find an up to every down. I know I’m not in a good place when I can’t find one. You can’t permanently replace the downs, but you can try to stay as balanced as possible.
If you’re new here, welcome! Below you’ll find 3 pieces of valuable curated content that aim to make you wiser, wealthier, and healthier — gradually (aka your daily dose of digital vitamins).
You can find all previous issues here, all previous curated content organized/archived here, and if you aren’t subscribed yet — you can do so here.
I highly suggest consuming the full piece here (14 min. read time)
Timeful vs. Timeless: “A common defense for conventional wisdom is that it has withstood the test of time. And lots of advice is timeless, or what you could describe as Lindy. Eat your vegetables, for example. But some advice is timeful: relevant for a specific era, but anachronistic thereafter.” — John Luttig
Lindy: “There are many types of advice you should follow more, so come to your own conclusions on which advice is timeless versus timeful. Approach non-Lindy advice with caution, as it hasn’t withstood the test of time.
Insourcing vs. outsourcing strategic decisions: “Compounding (If the outcome of your decision will compound, insource. Irreversibility (Can the decision, once made, be reversed? If not, insource. Stereotype (If you’re making a decision because it’ll help you fit in, you should think twice about it. Iteration (if you do something repeatedly, like reading the news, you should think more deeply about how and why you’re doing it.) Magnitude (This one is most intuitively obvious. If the decision you’re making is obviously big, like your choice of career, it’s worth insourcing.” — John Luttig
My two cents: As someone who is trying to curate for a living, evaluating whether content is valuable or not is something I try to do every issue. “Lindyness” is something I try and keep in mind when curating (especially after reading this piece). I’ve never thought about lindy in terms of advice and it makes me wonder what other aspects of life can lindy be applied to. For whatever reason, the first one that came to mind was gym workouts!
I highly suggest consuming the full piece here (20 min. read time)
“Software that can think and learn will do more and more of the work that people now do. Even more power will shift from labor to capital. If public policy doesn’t adapt accordingly, most people will end up worse off than they are today.” — Sam Altman
Consequences of the coming artificial intelligence revolution “This revolution will create phenomenal wealth. The price of many kinds of labor (which drives the costs of goods and services) will fall toward zero once sufficiently powerful AI ‘joins the workforce.’ The world will change so rapidly and drastically that an equally drastic change in policy will be needed to distribute this wealth and enable more people to pursue the life they want. If we get both of these right, we can improve the standard of living for people more than we ever have before.” — Sam Altman
The future of wealth distribution: “We should therefore focus on taxing capital rather than labor, and we should use these taxes as an opportunity to directly distribute ownership and wealth to citizens. In other words, the best way to improve capitalism is to enable everyone to benefit from it directly as an equity owner. This is not a new idea, but it will be newly feasible as AI grows more powerful, because there will be dramatically more wealth to go around. The two dominant sources of wealth will be 1) companies, particularly ones that make use of AI, and 2) land, which has a fixed supply.” — Sam Altman
My two cents: Sam Altman is the President of Y Combinator and the CEO of OpenAI (one of the leading, if not the leading, artificial intelligence companies in the world). If anyone would know what the potential future of AI and what it means for wealth distribution, it’s Sam. I really hope his proposed American Equity Fund comes to life. There’s way more detail in the piece than I provided in the takeaways section, so definitely read the full piece for more information.
I highly suggest consuming the full piece here (6 min. read time)
Safety in a nutshell: “…do you feel like you have space to experiment and make mistakes without fear of judgment, or do you feel like you’re always walking on eggshells?…if the only relationships in your life are critical relationships, you’re likely to be unhappy.” — Ava
Ava’s safe gauges in regards to relationships/friendships: Consistency (dependable), Tact (direct but respectful), Lack of fear (free to experiment and make mistakes), and Warmth (supportive, loved, and show genuine interest).
Why safety is important: “Psychological safety helps you establish a solid identity. When you’re around people who love you, you learn to see yourself through their eyes: as someone who’s worthy of time and attention, worthy of forgiveness, interesting and valuable. You believe that you deserve love. You’re more willing to take risks, because you’re not fixated on the judgment of your acquaintances: you have people who love and believe in you, and you know their opinion matters more.” — Ava
Too true: “There are people who will make you feel like you’re only interesting or valuable to them if you have it together—if you’re fun and popular and successful in your work life all the time. And it’s awful because if you surround yourself with those people for long enough, you believe that’s all that’s worthwhile about you. You think you’re only lovable as long as you keep up the performance.” — Ava
My two cents: I’m starting to be convinced that everything Ava writes is world-class. I’m not sure if it was her intention, but I felt safe reading this piece. Maybe reading about safety will do that or doing so from my bed will do that, but safety is such an important concept to be thinking about. Whether it’s with your relationships, working environments, or pretty much anyplace else, prioritizing psychological safety is not only important but necessary.
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