2.40 mins
200 years ago nobody had antibiotics. Nobody had electricity. Nobody had the iPhone, or the internet. They didn’t even have ChatGPT, and you wouldn’t be reading this.
All of these things are tools that have made the lives of our species more prosperous.
The world we live in would seem like a fantasy to our ancestors.
By boosting our innate abilities through tools, we have gone from being weak scavengers in the jungle to becoming masters of the known universe.
Not only does a computer amplify our minds to bring us leverage, but in the hands of everyone - it becomes a foundation to build better technology upon.
Like the Internet. Which yet again serves as a stepping stone to solve further problems by building more tools on top of it.
Such as Google, such as LinkedIn. The knowledge of a millennia right in the palm of your hands, along with the ability to connect with every human mind out there. And upon that we build an even greater technology,
Think of artificial intelligence, and now our tools can begin to understand us, learn from us - identify our problems, and assist in solving them. We are quite literally making sand think.
And with each iteration of technology, the reach of our abilities and potential of impact increases.
The next 20 years can make you super wealthy, and there are two ways that can happen:
1) You figure out how to solve a problem at scale that society does not know how to solve yet
2) You figure out how to improve upon a solution by 10x
To be a part of India’s 21st century growth story, especially at this particular junction of technological progress, is the most exciting chapter of tech history we are experiencing.
Imagine this - If each one of India’s billions of people were to live the way Americans already do–using only existing technology–the result would be environmentally catastrophic.
There is an incredible need for new solutions, and new ways of doing things - and that can make you wealthy. To think from energy, to medicine, from travel, to education, and more under a new light. What valuable technology business is nobody building?
A product is any item or service you sell to serve a customer’s needs or wants. A product can be physical or digital, but there are 5 remarkable advantages to digital products -
1) There is no substantial cost of replication, and distribution. You can sell your product across the planet within a second of building it.
2) You can collect highly nuanced data on how your product is being used, and understand the shortcomings of it.
3) You can improve, and update the live product whenever you want - acting on the collected data.
4) It is getting exponentially easier to create digital products using AI, and no-code.
5) If you provide considerable value to those who need it, you will continue to build wealth even while you sleep.
To build products is in your DNA. It is our ancestral legacy, and helps build a better life for our species. By solving problems for society and providing value, you build a better future, and in turn build incredible wealth. But how to get started?
That’s where Product Management comes in, but what is Product Management?
Let’s tackle that next time! Until then, check out Unlearn Product to get started.
I stand on the shoulders of giants to bring you these ideas. Extremely thankful to Naval Ravikant, Peter Thiel, Steve Jobs, and Yuval Noah Harari.