The Passion Economy Is Here to Stay

It's been a wild month for the Passion Economy, crypto, and NFTs. While it feels frothy, and certain asset prices certainly are, I think it points to a larger future. This episode is a thought experiment based on three ideas:

1. A main Not Boring theme that Genies don’t go quietly back into bottles.
   
2. Chris Dixon’s famous line that “the next big thing will start out looking like a toy.”
   
3. Ben Thompson’s idea that media businesses are the first to adapt to new paradigms because of their relative simplicity, and others follow later.

The Creator Economy and NFTs are massive human potential unlocks. Even if certain assets are in a short-term bubble, we are on an inexorable march towards individuals mattering more than institutions.

We’re on the precipice of a creative explosion, fueled by putting power, and the ability to generate wealth, in the hands of the people. Armed with powerful technical and financial tools, individuals will be able to launch and scale increasingly complex projects and businesses. Within two decades, we will have multiple trillion-plus dollar publicly traded entities with just one full-time employee, the founder.

We'll cover: 

• Creators’ Crazy Month
  
• The Creator Toolkit
  
• Coase and the Nature of the Firm
  
• The New Nature of the Firm
  
• The Age of Individual Influence

To read the original piece, head over to notboring.co.