@receiptsxyz building the IRL economy

Brooklyn, NY
Joined November 2009
make something people want to steal
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there are only 4 jobs left - saudi spy - chinese spy - american spy - hot person
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the dead internet is here we've all forgotten, but social media didn't start off as social media they started off as social networks the internet used to be a place where we could connect with our friends, to keep in contact with them, to feel closer to them at some point social networks changed and it all became social media it became more about media and content than connection you used to be able to open instagram and see friends, but then you started seeing strangers what's happening right now is far worse you can't even be sure you're seeing another person 57%+ of all internet traffic is now bots, it's clear the internet isn't for humans anymore physical spaces, offline communities, and the real world are where people are gravitating towards where people go value always follows
New: The biggest trend I'm hearing at Advertising Week is not creators or AI — it's the return of real-world ads. The shift reflects a new truth: As the internet becomes less trustworthy, less trafficked, and more mediated by AI, physical space is becoming more valuable. 🔽🔽
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everything on the internet eventually becomes commerce and ads where instinct seems to be getting it wrong is assuming people want to use instinct to shop agents are going to great at a lot of things: canceling forgotten subscriptions, disputing traffic tickets, getting out of jury duty, filing a complaint to fix a pot hole, etc. anything you would consider to be a chore, just have your agent do it shopping (and discovery) though are leisure activities, they're things that people do for fun you wouldn't have your agent daydream for you, so why would you have your agent shop for you?
I don’t mind the unprompted ‘feature alert’, but recommending a purchase out of nowhere felt intrusive, like an ad.
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there's a lesson here
I almost never go to Starbucks these days, but when I do it is a surreal experience standing in an empty store and watching the barista make a bunch of drinks for people who are not yet in the store before making yours
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and y'all really think people want agents shopping for them?
The final frontier of consumerism has arrived in South Korea.
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three things will continue to be true: 1) the internet will be for bots, agents, and ai 2) people will gravitate even more towards the real world, offline communities, and human connection 3) shopping (and discovery) continues to be a human leisure activity
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$2T in firepower behind muse and my entire feed is just people using it to dispute bills and claims
Replying to @nikitabier
People download apps to solve core human needs (1) finding love, (2) making or saving money, and (3) play. People rarely take time out of their day for anything else.
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customers are offline in the real world
X is full of founders. LinkedIn is full of experts. TikTok is full of creators. Where are the customers?
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had two different chats last week where the other person mentioned how much they miss foursquare
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i open instagram and don't see friends anymore we also have a 9 month old and leisure time is non existent nowadays work family time sleep and if there's enough left over i'm able to squeeze in a handful of workouts a week i don't know if i have enough time (or care?) for reinvented social media but i do miss my friends and pretty much only see them if we go on a run or do a workout together IRL
Being contrarian is how startups win. When everyone is building an ai lab, go and reinvent social media. I am convinced that something in this category will explode soon. Why? There is currently no place to be social with your friends online!! Instagram is feed of strangers, TikTok is feed of strangers; so is Twitter, etc… The current solution for engaging with friends and family is *a bunch of group chats*, which is horrible UX for sharing photos / capturing moments.
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you can just do things
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ramen seasoning packets have been cpg'd
MSG in a bag. LOVE THIS 👏
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the greatest minds of our time have pivoted from crypto to ai to opening corgi cafes
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there are only 2 moats left trust & IRL
Pretty much any consumer market with high value, scarce inventory has been overrun by bots Yes, sneakers and tickets - but also restaurant and pickleball reservations Just like AI has forced a rebuild of other failing systems (ex. education), I hope to see the same here!
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Victor Ma retweeted
You can counterfeit a Rolex, but you can’t counterfeit your vo2 max.
It’s actually insanely good how replica watches have gotten.
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we did something on june 16
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your chat is boring but it doesn't have to be
I am excited to start talking more publicly about what we've been building! Idle is a space where you gather people to actually do the things the group cares about. idle.space
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