Hance Zhang
中文

Hi, I’m Hance.

I write about AI, product building, business models, investing, and human relationships.

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Latest essay

The More You Believe in Technology, the More You Should Believe in Value InvestingAI makes value easier to create and harder to keep. Value investing measures the distance between the two.24 min readInvesting / AI

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  1. Stability Is One of the Most Expensive Commodities in the WorldMany business relationships appear to trade products, labor, or services. What’s actually being traded, underneath, is stability.6 min read
  2. Good Business Is Sustainable AltruismHow a company makes money trains it, over time, into a certain kind of organization. The best business models make satisfying users the easiest way to make money.12 min read
  3. Do Long-Term Relationships Actually Compound?Modern culture has moralized ‘long-term’ into a kind of political correctness. But time doesn’t pick sides: whatever structure a relationship already has, good or bad, time magnifies it.10 min read
  4. Mimetic Desire and the Performance of ContrarianismIn the AI gold rush, ‘being contrarian’ has become its own consensus; the real move is choosing the life that fits you.3 min read
  5. Compute Is the New Leverage (and Probably the Best One)Rich consensus is no longer necessary as compute outperforms labor as a leverage6 min read

Recent

  1. Interpretive Authority Is a Form of Power5 min read
  2. Managing Your Decision Rights7 min read
  3. Reality Bends You Before You Bend Reality10 min read
  4. Why Smart People Fail Socially5 min read
  5. Repetition Over Perfection9 min read
  6. The Futility of Attribution7 min read
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