Eric Rachlin
The SVB bank run is a timely reminder that sometimes friction is your friend. With the impending surge of AI-powered bots/assistants, there will be increased demand for products and services which can be scripted/automated with AI. A likely consequence is AI-powered mass exits
zeynep tufekci
A nice explanation of “what happens when tech helps remove friction” from bank runs. Friction matters. Also, every time we noted the dangers from such friction lowering about *everything else* tech disrupted similarly, Silicon Valley shrugged and lectured “it’s just a tool”.