Creating the right intermediate representation creates leverage.
- Creating the right intermediate representation creates leverage.
- It creates value any time you have n inputs and m outputs.
- Centralization in social networks also has this shape, just n * n.
- The more narrow the hourglass waist, the more leverage the centralized intermediate point gives you.
- If the centralization is inevitable how can you make sure it's good for the ecosystem and governed: the jewel bearing.