yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

The Three Forms of Leverage


less than 1m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

There are three broad classes of Leverage. One form of Leverage is going to be labor, which is the oldest form of Leverage—other humans working for you. That's actually not a great one in the modern world. It used to be great in the old world, but in the modern world, people are onto it. So, everyone's always playing a status game and trying to become the lead monkey in the tribe.

Having people work for you is a difficult form of leverage. Then there's Capital, which is a more recent invention. It's only about, you know, a few thousand years ago. It goes back to the agricultural age, and so that's money. If you have money as a form of Leverage, that's a good one. It means like every time you make a decision now, you multiply this with money, and that's why fund managers and Venture capitalists and so on seem to do well.

Then the final form of Leverage is a brand new form of Leverage, and that's like the most democratizing one. That is products that have no marginal cost of replication. So that would include books, it would include media, it would include movies, it would include code. Code is probably the most powerful form of Leverage that is permissionless. All you need is a computer; you don't need anyone's permission.

More Articles

View All
Solve by completing the square: Non-integer solutions | Algebra I | Khan Academy
Let’s say we’re told that zero is equal to x squared plus six x plus three. What is an x, or what our x is that would satisfy this equation? Pause this video and try to figure it out. All right, now let’s work through it together. So the first thing that…
Lateral & total surface area of cylinders | Grade 8 (TX) | Khan Academy
We’re told the dimensions of a cylinder are shown in the diagram. Fair enough! What is the lateral surface area of the cylinder, and what is the total surface area of the cylinder? Pause this video and have a go at this before we do this together. All ri…
Regulate | Vocabulary | Khan Academy
All right wordsmiths, what’s up? The word of the day today is “regulate.” It means to make rules that control something. I’ll throw in a 10-second music break. Tell me if you can identify any other common English words that start with “Reg.” Alright, her…
THROW BABIES !!! .... IMG! #22
The way the Ninja Turtles should have been, and a loaf of bread who can’t believe you sliced him. It’s Episode 22 of [Music]. IMG, uh hi, can we have a talk? This cloud looks like a dinosaur, this one’s a fish, this one is the Grim Reaper. We’ve got a do…
When Life Hurts, Care Less About It | The Philosophy of Marcus Aurelius
Once the most powerful man in the known world, Marcus Aurelius attempted to live virtuously, following Stoic principles. Unlike many Roman Emperors, he did not indulge in the many pleasures he had access to, like getting drunk on wine and watching sadisti…
The Man Who Killed Millions and Saved Billions (Clean Version)
The 1918 Nobel Prize for Chemistry is probably the most important Nobel Prize ever awarded. It was given to German scientist Fritz Haber for solving one of the biggest problems humanity has ever faced. His invention is directly responsible for the lives o…