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Human Invariant

Opinionated, sometimes cynical essays on work, markets, status, incentives, and other topics that interest me.

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Latest posts

Seattle is a Great City

Date notwithstanding

The Story of Axiom and the Future of $100M Companies Built in Under a Year

The fastest YC company to $100M and the evolving metagame for elite startups

A Retrospective on 30 Days of Daily Blogging + Updates

Onwards

On Learning Through Presence

Connecting the invisible dots

Scale of the Internet

Inspired by Scale of the Universe

The Era of Data-Driven Ideas

Legibility creates velocity

Ideas to Incentivize and Scale More Blogs

Scaling new blogs and alleviating blog decay

Where is the blogosphere?

Decline or diffusion?

The Anti-Straussian Ceiling

Solve for the ___

Notes on Meeting Successful Bloggers In Person

17 observations on habits, personalities, and worldviews

The YouTube Search Bar as Deliberate* Incompetence

On cultural polish and care

An Interview With a YouTube Writer Behind 500M+ Views

Understanding YouTube's Platform Mechanics, Content Dynamics, Talent, and Market Structure

Why am I more productive late at night?

6 anecdotal explanations

Why are late night conversations better?

5 explanations

the lowercase aesthetic as cultural liberation

messages from a typewriter

Prediction Markets as a Libertarian Black Box

AI is communist, prediction markets are libertarian

Intent-Based Aggregators for Prediction Markets

Why intent-based aggregators will dominate retail prediction market volume

Novel Interface Designs for Prediction Markets

Problems and potential design solutions for market interfaces

The Future of Play Money Prediction Markets

The Wikipedia model

Prediction Market Prices != Probabilities

Context is that which is scarce

Why did it take so long for prediction markets to find product-market fit?

7 explanations

The Case For Alternative Ordering Mechanisms in Prediction Markets

Priority batch auctions as one better market structure to create more liquid prediction markets

Prediction markets are leaking $78M annually

15 million free riders and counting

Blame as a Service (BaaS)

Productized scapegoating

Markers of High Agency

38 observations

Against the Agency-Maxxing Industrial Complex

The Structure, Incentives, and Negative Externalities of “You Can Just Do Things”

Derivative Work Level Notes

21 assorted thoughts on derivative levels

Why do people who get paid the most do the least?

Third derivative work

Financial Markets 2

12 observations and opinions on financial markets

Financial Markets

Exchanges and brokerages from first principles

Incentive-Compatibility is Overrated

Path-dependency protects us from ourselves

Never Reason from a Price Change, Culture Edition

Save us, Sumner

Architecting Reality

The best way to predict the future is to build it

Title Arbitrage as Status Engineering

How novel titles reshape talent allocation

Lessons From Poker

12 learnings and takeaways

Steelmanning The Case For Consultants, Affirmative Action, and Alcohol

The strongest counterarguments against increasingly popular beliefs

Omniscient Entities

Thank you for increasing my blogging ambitions

Why hasn’t there been a new major sports league?

The market structure and incentives of US sports leagues

How to scale a venture fund, lessons from FTX Ventures

Investing in Anthropic, Cursor, Figma, Circle, Solana, Sui by breaking the rules

Notes on Shadowing a Hospitalist

16 observations on hospital culture and incentives

Don’t Build an Audience

Great work always finds the people who matter

Career Advice That Doesn’t Suck

Work harder, bet bigger

Hyper-Optimized Children

For many parents, hyper-optimization is the preferred method for brute-forcing their children out of mediocrity.

No One is Really Working

No One is Really Working: Justifying the High Salaries of Early-Career Professionals

Why You Should Be More Cynical

Clinton Foreign Policy, $TRUMP and $MELANIA, and the Foundations of the Internet

Your Life is More Over Than You Think

Nonlinear Perception of Time