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Comment by baxtr

11 hours ago

How can you be sure Eric Schmidt is telling “the truth” and Wozniak is lying?

What’s your rationale and on the basis for such a claim?

The economy

  • And famously, the economy never changes course. Something, something, stocks always go up.

    • Do you think AI will go away and suddenly businesses will start hiring people back?

      Or that a competitive startup won't lean on AI to get ahead?

      Doesn't matter how much stock prices move up and down...AI is here to stay and no amount of booing changes our desires to compete.

      The world doesn't hold hands with anyone, there is no global consensus, no policy.

      I recall all the bemoaning when IT jobs started going overseas... businesses always go with the cheapest labor.

      The world is dog eat dog, and those that prepare for the future are better equipped to deal.

      6 replies →

  • The economy looked really good before the dotcom crash too. The crash didn’t make the internet go away, but it damped the hype and blind, unchecked optimism that was leading to some rather short-sighted decisions.

    Right now so many companies are trying to use AI just to use AI, rather than using it when and where it actually makes sense. This is the big thing that drives me, and I think many others, a bit crazy. I don’t expect a bubble pop to make us go back in time to 2022, but I expect it will put an end these the AI mandates, token maxing, and other foolish behavior.

    • A lot of businesses depend on the Internet.

      AI will be the same in the future. Not sure what to say about the ups and downs of stock price, or hype cycles.

    • > The crash didn’t make the internet go away, but it damped the hype and blind, unchecked optimism that was leading to some rather short-sighted decisions.

      The crash did not make the internet go away. I don't foresee a world where we will go back to the pre-AI times either. In the same way that post dotcom crash, you would be a fool to not have your business online, I think we will find similar things to be the case around AI. Even if the bubble bursts AI is here to stay and that will have major consequences for labor.

      1 reply →

Economic, market and product results.

Schmidt took Google to the moon financially, speareding projects like Chrome and Android that cemented Google as THE tech titan(couch monopoly cough), whereas Woz was a top HW engineer of his time, but Apple would have quickly failed if he was at the helm calling the shots, instead of Jobs.

From which would you take advice, the successful entrepreneur/investor, or the nice hacker geek who was a one trick pony with the Apple computer but hasn't been in touch with the tech economy and jobs market for decades?

  • > From which would you take advice, the successful entrepreneur/investor, or the nice hacker geek [?]

    The nice hacker geek? By the way, the Woz has a net-worth of 140MM, so he's more wealthy that the vast majority of "successful entrepreneur/investors", and also vastly more beloved than virtually all of them.

    In any case, that's a false dichotomy and actually the wrong question entirely.

    • Woz should have a lot more money than that for being such a large early shareholder of Apple, so that actually speaks poorly to his reputation as a "successful entrepreneur/investor". Some of the reason why his net worth is below expectations is noble (giving $10m of shares to early employees), but most of it is not - 4 marriages as opposed to Steve Jobs' 1 marriage, an impractical attitude in general, and never having any success after Apple, even as an investor.

      3 replies →

    • >By the way, the Woz has a net-worth of 140MM, so he's more wealthy that the vast majority of "successful entrepreneur/investors",

      So are a lot of people who invested(gambled) early in Bitcoin and Tesla, that doesn't mean people should take career advice from them just because they managed to make a lot of money.

      But if you design and developed several successful tech products in your career, I think people should at least listen because it's a pattern rather than just luck.

      >and also vastly more beloved than virtually all of them

      So is Taylor Swift, that doesn't mean people should take career advice from her.

      When I look for people to take advice from I want to see a pattern of home runs, that they can deliver successful products repeatedly, like Erich Schmidt or Steve Jobs, not one trick ponies like Woz who managed to get lucky once in a completely different era, then coast the next 50+ years on past glory giving speeches.

      Again, I really like Woz as a person, he's my spirit animal, but that doesn't mean he's correct and in tune on the status of the tech market, the challenges people and entrepreneurs will face today. His experience being a HW tinkerer in his garage in the 1970's isn't relevant anymore today. The world has changed massively since then.

      A more modern day woz would be Palmer Luckey of Anduril. Love him or hate him he's more up to date on what the industry rewards today if you want to be a garage tinkerer made billionaire entrepreneur founder than Woz.

      8 replies →

  • I want advice from the one questioning whether we should, not just whether we can.

    • OK, and who's stopping you? Take your advice from whoever you want.

      History tends to shows the pragmatists wiping out the luddites out of the gene pool/business market, but you are free to make your choice the way you see fit, nobody is forcing you to follow anyone.

      1 reply →

  • Wozniak, every time. Gigantic financial success at the expense of everything Google has negatively impacted isn't something I would be proud of.

    Everyone defines success differently, and Schmidt's "success" is, frankly, unappealing and gross to myself and, I'm sure, many others.

    There's a lot more to life and the world than the economy and massive financial gains. Focusing on "economic, market and product results" yet mentioning nothing about the impact to people and customers is how Zuckerberg sleeps at night, and that's ugly to me.

  • Dude: Eric schmidt is somebody who turned a cool technology company whose motto was "don't be evil" into an advertising company.

  • I'm fairly allergic to advice in general, but if I were to take some, I'd take it from the happy extremely rich guy over the ridiculous ultra rich guy.

  • Google turned from company that at least pretends to not do evil ... into one who does it without care.

    I think that taking advice from a sociopath able to amass a lot of money is usually bad idea. Their advice is designed to make you make him a lot of money. His advice is not about what is good for you - he does not care. And if you succeed you are his competitor.