FT: “The difference between busy-ness and productivity is often blurred by competing demands…The missing ingredient is giving ourselves permission to take a break, rather than downloading yet another podcast about doing less.”
Morgan Housel: “BlackRock CEO Larry Fink once told a story about having dinner with the manager of one of the world’s largest sovereign wealth funds. The fund’s objectives, the manager said, were generational. “So how do you measure performance?” Fink asked. “Quarterly,” said the manager. The gap between ideals and reality.”
WSJ: “As more digital goods become available free, measuring benefits as well as costs will become increasingly important. The absence of evidence in GDP isn’t evidence of absence in real life. AI’s value proposition already sits in millions of browser tabs and smartphone keyboards. Our statistical mirrors haven’t caught the reflection. The productivity revolution is brewing beneath the surface, but the welfare revolution is already on tap.”
SaaStr: “AI companies are scaling significantly faster than their traditional SaaS counterparts. Stripe’s data shows AI applications hitting product-market fit and scaling at rates that exceed historical SaaS benchmarks. “When these startups find product-market fit, they’re just scaling way faster than traditional SaaS counterparts,” [Redpoint’s] Effron explained. “This pace of adoption breaks a lot of rules about traditional startups.” The reason? Model costs are plummeting faster than cloud costs ever did. Effron showed data demonstrating that for any given benchmark of capabilities, the cost per token is dropping dramatically year over year—a decline rate that exceeds what we saw during the cloud era.”
