Hance Zhang
中文

Writing

AI

7 essays on AI.

2026

  1. 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 read

2025

  1. Domesticated by TechnologyEfficiency gains don’t create leisure because technology is selecting what kind of humans survive9 min read
  2. Stop Debating, Build the Experiment MachineProduct development in the AI era isn’t about building better products—it’s about building better assembly lines9 min read
  3. GPT-5 Is the Watershed: From ‘Model Will Absorb Everything’ to ‘Environment Is What Matters’The model and product layers in the AI industry are more clearly separated than ever.6 min read
  4. 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
  5. Bitter Lesson, End-to-end Coding, Creator EconomyThe Bitter Lesson is true for research, but product development requires working with the model’s grain, not against it.7 min read
  6. From ‘I Think’ to ‘I Tried’: Building an Experiment-Centric Team Culture with AIWe've all been in those meetings: discussing a new idea, an innovative project, and then getting bogged down in endless debate. Everyone speaks with conviction, citing best…7 min read