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Comment by janalsncm

1 day ago

I will say that our discourse is weighted pretty heavily towards people who don’t deserve it. Most genuine experts are careful to only talk about things they know, not bloviate about everything under the sun.

I am sure Marc Andreesen is a very intelligent person but he built and sold a web browser. He isn’t an expert on every tech topic. Same with Peter Thiel and the rest of the PayPal mafia. PayPal isn’t revolutionary and getting rich off of that doesn’t make you an expert on (for example) AI.

I am sure Marc Andreesen is a very intelligent person but he built and sold a web browser. He isn’t an expert on every tech topic. Same with Peter Thiel and the rest of the PayPal mafia.

I would say it's similar to politicians. We won't really have your, I don't know, career Costco Manager in political leadership. We'll get AOC or a Vance (staying bipartisan to make the point, moving off this topic next sentence). The former knows more about basic commutes and the condition of public bathrooms than your average politician or tech mogul. Our tech leaders are not well-rounded or even representative. That's why they talk crazy shit because they are in a crazy rich insulated world. We tried some contrived way to get women and minorities to become CEOs, but I think it should start more grass roots and maybe think about stopping something like ycombinator (or Google for example) from constantly recruiting based on old boys club pedigree. Regular folks just don't get put into the mix for C-Level for whatever reason unless they are gifted at the ladder-climbing thing.

Exceptionalism dictates that we will never put them into the mix, and I think the world is probably missing out on some good practicality and humanity just based on sheer regular folk experience some people can bring.

Funny:

https://www.youtube.com/watch?v=Ru8WeRqB0ts

  • I think the ideal foundation of democracy consists of:

    1) All citizens get mandatory high education on Math, Science, Language and Logic (what level is high enough is open to debate. I'd say college level), regardless of career -> This is to make sure they have the basic knowledge to participate in meaningful discussions;

    2) All citizens are encouraged, and by law mandated to attend and organize political stuffs -> This is to ensure that they can speak out when they are not happy about anything;

    • >mandatory ... college level

      I'm curious what your experience is with the world that makes you think every citizen is capable of completing college level classes. People with an IQ of 85 or less are like 15% of population and I think most of them with have a very hard time with high level logic.

    • This is pretty much Plato with the (major) caveat that full citizenship was restricted to a subset of the population

  • You know AOC was a bartender before running for congress right? While most reps are lawyers, many come from a diverse range of backgrounds, there probably is in fact someone in congress who used to manage a supermarket. This diversity of backgrounds is generally seen as a good thing when it comes to understanding the impact of upcoming legislation.

    • AOC was an intern for Ted Kennedy before being strategically placed in a "bartending" position as part of her background grooming. Her family owned multiple New York Brownstones in the rich part of the city. She has as much claim to humble background as Trump.

      7 replies →

    • I understand that but she is pretty much in the mold of Hilary at this point (career politician). It's bartender to straight Congressional aid or something like that and I believe straight to national politics. So, by 27 she is already in the stratosphere (earlier even, in terms of being in the circuit) and no longer down to earth. Talk about going to mars. She's supposed to represent the Bronx, and I can assure you she knows nothing about walking in the Bronx. You need to get robbed in the Bronx a few times before representing it lol.

      I don't know, for both the politicians and CEOs, I sort of wonder like when do you get to say "okay I got enough out of regular life to now manage regular life for others"?. Thirty? Fourty? Fifty? So Elon is 55, but we see that simply being fifty is not enough. I'm open to having the wrong line of thinking here.

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Its not just tech bros though, anyone who's made lots of money from business is treated like they're the smartest person in the room by many people. The person who made millions from making a sugary drink and marketed it as something healthy is not necessarily pretty smart and more than likely isn't someone you want in charge of anything.

  • "not necessarily pretty smart" is a very nice way of putting it.

    I don't know where the threshold ought to be, but beyond a certain size a pile of money can only indicate bad things about its owner. Either they're too unimaginative to turn that potential into action, or their designs are so against the will of the people that it's going to take gargantuan amounts of coercion to get them done. Either way, a billionaire is an individual of dubious merit.

    • Most rich people aren't sitting on piles of cash; their capital is (usually) invested in a corporation which is busy turning potential into action, as you put it. I think there's an argument to be made that amassing and hoarding great wealth, particularly near the end of one's life with the intent to pass it directly onto one's heirs, is morally questionable if you believe in any kind of universalist ethic. But I think criticizing someone as uncreative simply because they're not selling off all their equity to go pursue some other venture is way off

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I blame the experts. It's their responsibility to explain things to the public and engage in forums that the public is paying attention to (e.g. podcasts). They don't have to bloviate about everything under the sub, but they do have to be able to break down and communicate their ideas to the non-expert public. Failure to do so creates a vacuum that is filled by the Marc Andreesens and Peter Thiels of the world.

  • If you go on Marc’s Twitter he spends most of his time subtweeting with emojis and one word responses. And he has millions of followers (for what reason?).

    A scientist, aside from their day job, is now also supposed to spend time debunking whatever half baked topic of the day is?

    The only world where that works is one in which MA’s reputation is built on not saying dumb stuff all the time, like a scientist’s reputation is. If his follower count dropped for example. But it’s not, and that’s not how it works. People like him will move on to the next thing tomorrow.

  • Absolutely not. That turns the experts into politicians and pundits. Experts should stay in their lane and provide accurate and trustworthy information.

    Yes, it should be accessible and digestible, but should not be pushed.

VCs won't be expert level in every area, but they are in a unique position to have a deep knowledge about a lot of different things. It's necessary to be able to invest effectively.

  • Even if they were, they have absolutely no incentive to tell you their expert analysis. A16Z spent the cryptocurrency mania years pumping and dumping shitcoins. They weren't telling the world these scams were revolutionary because they had any inherent value, but because saying that made them the most money. They are just people with money trying to turn it into more money.

  • Most VCs I know are just people with too much money throwing it at anything and everything they can hoping to get that 1 unicorn that multiplies their investment by 100.

    I'm sure there's plenty of very intelligent ones, but there's also plenty of morons who started life off with an advantage and have managed to keep it up