Technology Gives Individuals Infinite Leverage

Media and code allow individuals to create amazing tools and content with no cost of reduplication. If you have truly created something useful and helpful to people, you now have the opportunity to scale it up infinitely very cheaply. This leverage is completely accessible to anyone with a computer and the internet.

Because of this huge leverage, and Almost all value in life comes from Compound Interest judgment and good decision-making becomes more and more important relative to hard work.


The Almanack of Naval Ravikant

Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).

Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep.

A leveraged worker can out-produce a non-leveraged worker by a factor of one thousand or ten thousand. With a leveraged worker, judgment is far more important than how much time they put in or how hard they work.