Andrew McAfee 🇺🇦

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@amcafee

Author of "The Geek Way" and "More from Less;" coauthor of "The Second Machine Age;" proponent of human and planetary flourishing.

Cambridge, MA geekway.substack.com Joined June 2008

834 Following 80K Followers 31K Posts

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Andrew McAfee 🇺🇦 @amcafee Mar 20, 2024

My most recent book is "The Geek Way"

geekway.substack.com

(Nobel Prize-winner) Bengt Holmstrom's Amazon review: "McAfee’s book is a breath of fresh air that brings several original perspectives on today’s start-up organizations and beyond. Highly recommended!"

Andrew McAfee 🇺🇦 @amcafee 4d

This HURT

Andrew McAfee 🇺🇦 @amcafee Oct 29

Yep. I prefer @halvarian’s advice: be an expensive complement to things that are quickly getting cheaper (like AI)

Ethan Mollick Verified account @emollick Oct 29

I think “sell picks and shovels” is the wrong lesson for AI startups.

The Gold Rush analogy is weaker than the Industrial Revolution. Gold is a single pile that runs out. Machines keep making everything cheaper. Far more people got rich using the new machines than building them.
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Andrew McAfee 🇺🇦 @amcafee Oct 27

Aw, shucks. Thanks!

Tbh I think we underestimated the scale, pace, and scope of coming tech progress.

Adam Ozimek Verified account @ModeledBehavior Oct 27

Praise to @erikbryn and @amcafee

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Andrew McAfee 🇺🇦 @amcafee Oct 22

Great analogy. Let me extend it:

US tech/AI industry = sledgehammer forehand

Our ability to create "geek" companies in other industries (think SpaceX, Stripe, Anduril...) = sublime backhand

VC ecosystem = silky net game

Dynamic labor market = total court coverage

Jordan Weissmann Verified account @JHWeissmann Oct 21

I've started to think of America's capital markets as our country's equivalent of having a 130 mph average tennis serve. We can do can an incredible number of other things wrong, but somehow stay in the game economically, because because we can just blast money around.
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