A force multiplier on judgment and effort, which Naval splits into labor, capital, and the new permissionless forms (code and media) that let one person reach many at zero marginal cost.
Related Concepts
wealth | knowledge | outcomes | productivity
Concept
A force multiplier on judgment and effort, which Naval splits into labor, capital, and the new permissionless forms (code and media) that let one person reach many at zero marginal cost.
wealth | knowledge | outcomes | productivity
Last updated: Jun 17, 2026