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  • 4 days ago | thediff.co | Byrne Hobart

    Chatbots Combine the Most and Least Viral ProductsThis post is for paying subscribers only Subscribe now Already have an account? Sign inJoin 50,000+ industry professionals and curious generalists by subscribing to The Diff.

  • 5 days ago | thediff.co | Byrne Hobart

    In this issue:Democratizing Complicated Financial Products is Inevitable, but Fraught—The core problem is that financial products are mostly born as transactions between professionals who expect counterparties to be taken advantage of, and if they don't shake off that cultural norm before retail investors show up, retail gets hurt. But eventually, the equilibrium is that a transparent, low-fee option is the norm. Startup Fraud—Faking is less common when you don't know what to fake.

  • 1 week ago | thediff.co | Byrne Hobart

    LongreadsDerek Owen and R.M. Schneiderman in Politico on double-agents and spy hunts over many decades in the FBI. (The article is pretty explicitly an effort by the FBI to lobby Kash Patel to do more counterintelligence rather than focusing entirely on law enforcement.

  • 1 week ago | thediff.co | Byrne Hobart

    This post is for paying subscribers only Subscribe now Already have an account? Sign inJoin 50,000+ industry professionals and curious generalists by subscribing to The Diff.

  • 1 week ago | thediff.co | Byrne Hobart

    Are We Finally Done With the "Wrap Crypto Exposure In a Listed Equity" Thing? Plus! Demographics; Surface Area; Insurance and Price Signals; TACO; Robotaxis and Network EffectsThis post is for paying subscribers only Subscribe now Already have an account? Sign inJoin 50,000+ industry professionals and curious generalists by subscribing to The Diff.

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Byrne Hobart
Byrne Hobart @ByrneHobart
24 May 25

“So the term ‘omelet’ actually comes from ‘ommmmm,’ and refers to how meditative it is to make them.” 7yo, brusquely: “Yeah. I know that.”

Byrne Hobart
Byrne Hobart @ByrneHobart
24 May 25

5yo just asked us “What is justice?”

Byrne Hobart
Byrne Hobart @ByrneHobart
24 May 25

Sapir-Whorf at work: nearly-2yo identified a coin as a “wheel,” and tried to roll it around.