Ajit Mohan (Snap): “Conversation is becoming the most valuable real estate in advertising. AI is accelerating that shift, turning chat into the place where people discover products, ask questions, and make decisions in real time. The real opportunity isn’t just putting ads into those environments, it’s designing formats that feel native to how people already talk.”
Gomez Cram, Roberto and Guo, Yunhan and Jensen, Theis Ingerslev and Kung, Howard: “Prediction markets are remarkably accurate, yet the source of this accuracy remains poorly understood. The conventional view attributes it to crowd wisdom, whereby prices aggregate information from a large and diverse pool of participants. We show instead that accuracy is driven by a small minority of informed traders. Using the universe of transactions from a large prediction market platform, we identify these traders and show that they, around 3% of all accounts, generate the bulk of price discovery. Their trades predict future prices and final outcomes, make prices more accurate throughout a market’s lifespan, and react to news the moment it arrives. The remaining majority does not produce accuracy; rather, it funds it. Their trades generate most of the volume, but little of the information, and their losses flow as profits to the informed minority. Prediction market accuracy thus reflects the wisdom of an informed minority, not the wisdom of the crowd.”
NYTimes: “Instead of trying to fix unfixable passwords, passkeys are an entirely new technology that securely logs you in without your needing to remember your password or to perform a 2FA ritual. Passkeys are not perfect, and we’re still a ways off from their being commonplace, but learning what a passkey is and how to use it moves you a little closer to a more secure future. A passkey is, essentially, a digital key that “unlocks” your online account by securely logging you in without a password.”
Chris: “Sam Altman was asked “what do you think will be the next domain that subjectively feels like it has this big unlock after coding? Like is it going to be spreadsheets, will it be performance reviews?” “The next kind of coding-like thing that I think will happen is not any specific domain, but the realization of how much time people waste trying to use a computer. The idea that you can do a huge percentage of your day in a very different way.” He pointed out that the friction of moving between apps, copy pasting, and managing basic digital chores is a massive drain on productivity and flow state. “The degree to which most people will realize they can like, sit back and watch an AI do most of their drudgery, is going to surprise people.””
