Crazy New Ideas
paulgraham.com
paulgraham.com
I realized this very late in life, but I have a test for when it's time to pay attention to a new technology. It's when technical people look at what seems like a groundbreaking idea, seem unimpressed, and say "couldn't you just _____", were the blank is filled with something a nontechnical person doesn't understand or considers very cumbersome.
The web: couldn't you just transfer a file to an open port and use a rendering tool to view it?
Blogs: couldn't you just update a web page?
Wikis: couldn't you just update a web page?
social media: couldn't you just set up group view preferences and use RSS?
youtube: couldn't you just upload a video and use tags for search?
twitter: couldn't you just not? Isn't that just a worse version of what we can already do??
Honestly, I've overlooked almost every one of these things, because I failed to understand how removing small bits of friction can cause a technology to explode.
Sure, some ideas are crazy new, but some sound too underwhelming to be revolutionary. but they are, there's no question about it, all those things I listed above changed the world, in ways both good and pretty damn awful.
I don't understand why the Kardashians are famous or wealthy. I mean I get the mechanics of it - famous legal case -> sex tape -> reality TV show. But I don't understand how this works, or why it works.
This isn't their problem. They are very wealthy, famous, and they obviously totally grok how their market works.
This is my problem. I should not attempt to produce a mass-market product until I understand it as well as the Kardashians understand their market. They are experts in their domain. I am not, and I doubt I ever will be. I don't even understand how their market works. Why does anyone spend any time watching these people? Until I understand that, I should stay away from mass-market ideas.
the web: I was a teen when people started using local "freenets" to connect to a text-only web and I think most people who tried it were amazed that you could instantly view content somebody on the other side of the world put up
blogs: I suppose "blogging platforms" were things you could say "couldn't you update a web page" but I think it was clear that what they provided was network effects you couldn't get from just your own web page and easy styling
wikis: I remember the idea being amazing because you could edit the page without having to sign in or create an account. That's not something you could just do with "updating a web page"
youtube: it was amazing that you could easily stream videos for free and search them. There was also a ton of copyright stuff in the early days.
Really, a better way to look at whether a technology is worth paying attention to is to ask "what can this allow us to do more easily that we couldn't before?"
Not to mention the greater point: Im not even that convinced tech is ever really revolutionary (at least at the same time it gets mainstream adoption). Usually the big improvement it made existed years earlier or in competitors but the timing was right for it to appear.
Youtube was doing the same thing as daily motion and another (I think Vimeo?). Facebook was just “cool MySpace”, blogs were personal webpages that got suddenly popular: a lot of these just popped up and executed at the right time and in the right way.
My point is: without looking at the technology at all or knowing anything about it, you could perfectly tell what “revolutionary product” would suddenly become the next big thing simply with perfect information about the market and how it will shift at each step.
You could invent the fastest most efficient and cheapest way in the universe to launch spaghetti, but the “revolutionary” nature of your invention doesn’t matter at all because there’s no market for it, even if the very technical spaghetti enthusiasts suggest “why don’t you just build your own spaghetti railgun?”.
Markets matter, products derive their value entirely from those markets and are worth nothing alone.
Consequently, knowing which products WILL BE revolutionary (here I deliberately define revolutionary after the fact, because amazing product with no market isn’t revolutionary) is very hard because even if you know the initial market, you won’t know how things change.
I suspect the best you can do to make or identify revolutionary products is to really know the initial customer and early market, rely on some long term perceived trend that aligns broad markets closer to your early market, then iterate quickly keeping the pulse on the market onwards towards the mass market - which means we’ve just re-derived the lean startup process.
This is basically putting the cart before the horse and pretty much the definition of hindsight bias. We all know the BrandonM/Dropbox quip, but that's just a fun anecdote, not some universal axiom.
I don't really have any dog in this race (I won't use Mighty because my PC/Laptop is more than capable of hundreds of tabs and Electron apps), but if it succeeds, good on Suhail!
Second Law: The only way of discovering the limits of the possible is to venture a little way past them into the impossible.
Third Law: Any sufficiently advanced technology is indistinguishable from magic.
For years, I never understood the point of Twitter. It felt like nano-blogging -- Why not just use a regular blog platform?. Later, I realised it is a single global open forum of "random" chats that are interlinked via @person and #idea links. So if a bunch of random people who don't know each other are nano-blogging about #idea, it's like they are part of a chat room called #idea. And, of course, you can cross-post to multiple @people and #ideas in same Tweet. And there is no gate-keeping: You don't need to ask to join an #idea and I don't think it is possible to block other people referencing your @name. Other social media platforms seem to integrate with the @people and #idea thing -- no sure if that actually came from Twitter.
Technology and concept aside, I still think most of Twitter is garbage content. /Once in a while/, I see a Twitter thread from an economist or hedge fund manager that is referenced by FT Alphaville (https://ftalphaville.ft.com/). And to be fair: A lot of interesting discussion about racial injustice in last five years originated as complaints or short stories on Twitter... then blew-up in more traditional media. Else... it seems like noise.
Related to your list: One thing I have never understood: Brand names create social media precense, like Coca Cola on Facebook. And people subscribe. Why? That is so weird. Coca Cola... really? I dunno... maybe they have fun photos on their Instagram. I assumed social media was for human-to-human contact, not business-to-human contact. I was wrong! Some of those brand names have massive social media following. Campbell's Soup! Tide Detergent!
This may or may not work but there seems to be obvious potential and In don’t know why people are so dismissive. If it improves worker productivity or saves on hardware upgrade costs, every business will want this.
While there is some truth to that statement, the real "innovation" is getting millions of people to share and collaborate using the framework. How do make it easy to share and collaborate? Making the technology as frictionless as possible.
I don't see Dockers rise to prominence as a result of some spectacular technical innovation. It's a group of technologies which already existed but now with a great UX around it.
This is, actually, still true :)
Edit: It might also be an example of the curse of knowledge: what seems trivial to an expert may be a showstopper for a layperson. An expert suffering the curse would implicitly assume that everyone else has the same knowledge sufficient to make convoluted method seem trivial.
[0] http://paulgraham.com/avg.html [1] https://en.wikipedia.org/wiki/Curse_of_knowledge
In some ways, all of social media consist of apps tailored to specific use-cases that haven't been new for decades, but they "invite" normal people to use them.
1. ideas which improve the current broken system (blogs, wiki, youtube, dropbox, etc.)
2. ideas which admits that the current system is broken and just to try to ride on that wave (mighty app, random "fix you wet iPhone", and numerous other failed ones)
The second type of ideas are just are "bad" regardless of how crazy they are. But they will make some money.
Sounds like HN's reaction to cryptocurrencies
I guess Clayton Christensen explains the difference best in his youtube videos. Also Peter Thiel talks a lot about the difference of ideas in his talks on youtube!!
I didn't pay attention to early Twitter, but I'd wager it probably leaned pretty heavily to the software dev demographic.
There is a bit of a disconnect that a lot of people are casting technical users as if it's the group that you shouldn't listen to. As if you can find single cases and say "See!" and that proves the point [1]. Yet an overwhelming percentage of products in the technology space first saw success among the most technical of all. If you don't get that group, it often is doomed to failure.
[1] - just as an aside, there is a tendency of many to point out some "top" comment on some site like HN as if it therefore is the majority opinion. It doesn't work that way. We all don't have mandatory votes on every comment, and even a tiny amount of clustering can send a minority opinion to the top.
I think the transition point is when incremental improvements amplify themselves to the point where they are both way more popular and way more efficient than what came before.
Indeed, anyone with the knowledge would overlook a lot of these. They're not revolutionary on a technical or individual level, but they are on a social level.
This is correct though. Twitter is not a good idea, or a good product (if your metric for good is being useful and improving lives, rather than simply profit). Twitter succeeded because it became a "meme": everyone was caught up in what it could be. By the time it became clear that all the things it could be were bad, it was too late: too many people were on the platform, and their gravitational pull could keep things going indefinitely. Twitter, like a lot of recent "ideas" in tech, is a cake that's all frosting. It runs almost entirely on FOMO.
In my short startup life, I have had the opportunity of meet many founders, VCs and also get solicited and unsolicited opinions from friends and family. Most of the VCs, friends and family members were critical of my ideas or simply didn't spend the effort to really listen. I see the same thing happening to other founders and startups. Specially fun is meeting VCs who have never built a startup themselves or coming from a non technical background be overly critical and share their strongly held opinions on how my startup could fail. I ran out of fingers counting how many ways.
Ofcourse a startup can fail. Thats why it's not a company yet. There is a saying that it takes many miracles to make a startup a success. Most founders know that already. We are already scared.
Paul is suggesting a different approach. A more positive one. And given the statistics around Paul's and YC's success versus other VCs, you would think that the HN crowd of all people would at-least pay attention.
P.S: My startup was rejected multiple times by YC. So not a fan exactly.
Say what you will about the guy, and there's an argument to be made that Tesla at least is incremental and not a crazy new idea, but Musk co-founded Paypal and is now pushing limits in spaceflight.
There are just way more people that I know and trust personally that I think could give positive, but constructive advice. I would believe absolutely nothing coming out of Paul's mouth because he hasn't shown that he's an honest person. He's not disinterested about any of this, but feigns like he is above it.
I think some of us are very sick of the absolutely fake and fraudulent way he and others like him and Musk operate. They do not care about the truth or other people, they care about their own egos and people for whatever reason buy that.
However, the main problem I have with with this article is that it divides people into domain experts and the rest. This kind of black and white thinking is pervasive in PG essays, and always lead to a cute conclusion. You can have two domain experts that disagree. You can have an idea that spans multiple domains, and there are no (or few) experts in all of them. Maybe the Crazy New Idea seems brilliant to experts in one domain, but only because they don't grasp the others.
It depends upon the level of attack. Outright dismissal without consideration compared to critique. Is the intent to destroy the idea so it goes away or to test it for flaws? That's done by the suggestion given to ask questions. Instead of saying "this is stupid", figure out why your think it is stupid and turn it into a question. Such a question is a soft attack, one that may be met with an explanation without needing for direct conflict, or which may be met with a 'I haven't considered that, let me think on it' or a 'That's one of the flaws I'm still working on'.
>However, the main problem I have with with this article is that it divides people into domain experts and the rest.
While the presentation did present this as an overly binary classification, I don't think the intention (that I perceived) is wrong. Some people have more experience in certain things, and given we are all mortals with limited time, we need to have some way to decide how much attention we give ideas and using relative expertise in domains seems a decent filter. This does not have to be perfect, because the result is not accepting the idea but instead not outright rejecting the idea. In cases where the idea still is mistaken it will still be revealed under critique. It is a test to determine what should be given the chance to be critiqued given limited time and resources.
It would lead to experts overlooking ideas from sources who don't have expertise, but I think that is acceptable for two reasons. First, there are already a flood of ideas so applying a filter that lets more through will still lead to ideas not being considered, but this time due to a lack of time and resources. Second, this is all relative so a good idea from a non-expert would still pass the filter for someone who is slightly more of an expert. If they find it passes their critique it now is able to pass filters of people who are more of experts in their fields. Good ideas can still bubble up (we just need to take care that they are correctly attributed).
This happens all the time. And the most interesting ideas are rejected by almost everyone, except the tiny minority that happens to be positioned to understand the change. So you can’t make predictions by tallying up expert votes either.
Criticism is the crucible in which crazy new ideas are forged into crazy viable ideas.
> However, the main problem I have with with this article is that it divides people into domain experts and the rest.
Let's be honest: in this day and age "the rest" are far too vocal and need to STFU on things which they have no knowledge. Sure, domain experts can disagree - let them be heard, but the know-nothings should be given zero attention.
PG isn't defending Mighty, Dropbox or Coinbase because he has skin in the game, but because he knows what the teams have achieved and what they could potentially achieve.
I don't understand, it seems so obvious to me. Dropbox started as a better FTP, Coinbase is a better Bitcoin wallet, Gmail is a better SMTP, Mighty is a better Chrome. All of these products are meant for the masses because the core technologies/protocols are too complicated or restrictive to directly interact with.
Does anyone remember Color Labs? Go read this thread and marvel at the similarities: https://news.ycombinator.com/item?id=2364463. A stellar team backed by top VCs who invested (extraordinary at the time) $41M sets out to build a location enabled photo-sharing app. VCs tout it as "the next Google". Most of HN is pretty critical with some voices advocating caution and saying "let's not be so dismissive, maybe there is something more to it". Well, it turned out there was nothing more to it.
So no, being dismissed by HN does not automatically mean that your idea is good and you will be successful.
It's not. This is survivorship bias from the infamous stories about Dropbox, Coinbase, etc. There's plenty of "Show HNs" of HNr's criticizing companies that go nowhere. Including one of my own!
What you're referring to is effectively called "non consensus and right"[0]. The problem with this concept is that it can only be verified after the idea is deemed right or wrong.
https://disruptionobserver.files.wordpress.com/2016/07/image...
I have no idea if Mighty will succeed or not. But I suspect it will not succeed as a a $30/mo consumer product. Indeed, I'd bet money on it. The companies everyone keeps referencing were free products. I got excited about Dropbox. So did my friends. No friend has excitedly sent me a link to Mighty.
I'm sure some professionals will pay though. How many and how many they need to hit their numbers is another question. They can still probably ride the hype machine to an exit.
"No one went broke underestimating the intelligence of the American public."
HN just hasn't internalized it quite yet, so we have the counter-indicator.
yes, it's better in the sense that the privacy issues are even better; well, worse in the viewpoint of the user, but since when VCs cared about it?
The success of a startup depends on many factors and pessimism on HN is definitely not one of them. HN is a forum where people intellectualize things from their limited point of view. It is usually not the primary forum where the founders seek feedback. I think HN is a remix of the old slashdot forums with a healthy mix of digg + reddit.
Those are not needing defense. Those are quite mundane business.
Dropbox for one, everyone thinks it's useful. The controversial part is whether or not it's a good business. Turns out Dropbox is not so great a business. I mean, if Dropbox is in China, it will be crushed by copycats and die very quickly.
Similarly for coinbase. It's useful. The question was whether or not btc and crypto currency will be big enough for coinbase to be a great business. Of course, given the success in crypto currency, coinbase is a great business.
But neither of these are “crazy new ideas”. They are not even new ideas...
It took the work of Kepler (elliptical orbits) and Newton (a physical basis for elliptical orbits) to elevate the heliocentric model to the status that it enjoys today.
There are two reasons why I bring this up: one is the validity of many of Paul Graham's assertions and conclusions. The other is to point out that things aren't so simple. Copernicus did not reap the rewards of his ideas since it took the work of others to prove those ideas. In fields outside of science, there is little reason to expect people to arrive upon similar conclusions. (Even within the sciences, there is no reason to believe we would converge on similar conclusions in the same time frame via different paths.)
Similarly the Copernican model was "more correct" depending on how you look at it (currently we model everything relative to everything else, the earth and sun "orbit" around a midpoint that is inside the surface of the sun but not the exact center, for example) but it provided WORSE predictions than the Ptolemaic model of the time.
And this had real practical implications in the technology of the day - navigation charts, etc, analogous to trying to use new tooling and finding it doesn't support aspects the old tooling did.
He lists two reasons why people want to dismiss "crazy new ideas": envy, and the desire to seem sophisticated. Using Copernicus as an example simply does not fit these claims.
Reasons to dismiss Copernicus's ideas:
1. They were worse predictions, so for all 'practical' purposes of the day (essentially, only knowing where the wandering stars would be), adopting his ideas would be poor.
2. Most crazy new ideas like this proposed by people on the fringe of a field are flat out wrong. The Copernican Model is a good example of a common mistake, really: Someone saw a complex but accurate system and tried replacing it with a simple system that is easier to understand but rejects the actual data. Turns out the world is complex and doesn't care about being intuitive. See all of quantum mechanics for an example.
3. Classical relativity was only established later by Newton. The moon, sun, and other planets were poorly understood at the time. It wasn't until Galileo's observations that evidence was gained for a rocky moon. The idea that the whole Earth could be moving and spinning without violating everyday observation, and therefor the other bodies in the sky follow the same rules as those on Earth, is simply a large and unnecessary leap in intuition. Sure, it's a correct leap, but the path of reasoning there is backwards. It is only with Newton's laws of motion that heliocentrism begins to make any sense.
4. Further, much better evidence (as discussed above) came to light far before Copernicus's ideas had any effect on non-academic matters. Other than finding things interesting, and generally liking to know how the universe works, heliocentrism has no practical affect on life even today. Sure if you work at NASA it's super important, but most people don't. Trying to force an idea before it's time, when it won't effect things anyways has little practical value.
The crux of this is that this article is not a response to people dismissing a new idea. It's people dismissing a new business. He seems to be arguing that new ideas by domain experts shouldn't be criticized because they might be right, while ignoring that people can have strong financial motivation to promote incorrect ideas. Fighting such ideas is good because:
- If the ideas prove correct, internet criticism of it really won't matter. Only a few key investors need to be convinced, and yeah they'll make a lot of money.
- If the ideas are wrong, healthy skepticism is the strongest force against snake oil salesmen.
90% of starts fail, so the criticism will usually be on the correct side, even if the exact criticisms don't point to the true cause of failure.
The Ethereum people do it, too. They use the example of old massively successful tech to prove that Eth too can catch on, but they don't cite all the failures.
I hear a implausible sounding ideas all the time. I think one of the main points of academia is to give people the chance to explore those ideas. But they don't turn out good "on average", not even close.
But if you never bet on any implausible-sounding ideas, you exclude the chance of being an early participant in any big paradigm shift.
A good exercise is to back-test your rule against big ideas through their history. Would you have invested time in solving Schrodinger’s weird equation in 1925? 1927? 1940? Would you have invested time in public key cryptography in 1975? 1976? 1980? 1990?
People who got in early, got to make the big discoveries in those fields.
In other words, a successful business requires not only producing an innovative product, it also requires knowing if people actually demand this innovative product. One half is the core idea, the other half is how this idea interfaces with the world.
> Most implausible-sounding ideas are in fact bad and could be safely dismissed. But not when they're proposed by reasonable domain experts.
Is later contradicted by a discussion on the quality of criticism
> The lowest form [of criticism] of all is to dismiss an idea because of who proposed it.
So which is it? Judge an idea by who proposes it or not? I think the essay stands without the tangent on ranking criticism, and it could perhaps be discarded entirely.
But that's too easy, and I think the discussion of criticism is a strong (unintentional) counterpoint to the essay. You have gated the hard work of weighing an idea behind the reputation of the person who proposed it. History all too often labels a genius only in retrospect and in their own time were more likely to be considered fringe or even crackpots.
In short, I think the essay is boiled down to "find the right people to trust/engage/pursue, and especially don't discard their implausible ideas". The tack on of trying to localize to a "smart domain expert" in whatever you're interested in seems.... uninspired. The tack on of being more open to implausible ideas is more interesting. But the fundamental work is unchanged from basically all of human history- "find (or become) the people who are going to be successful/transformative"
The first statement isn't a suggestion that implausible sounding ideas can be dismissed on the basis of a lack of credibility of the person communicating the idea.
But I share in the dislike of an appeal to authority. The idea should stand on its own merits.
My theory is that many domain experts haven’t needed to communicate with a lay audience in decades (if ever) and thus aren’t aware of their own baseline assumptions. Seems like a startup idea, maybe? Convert academic papers into comprehensible English. Two Minute Papers does this but it’s only for technology.
https://youtube.com/c/K%C3%A1rolyZsolnai
This probably applies to early Apple. Wozniak, while clearly a technical genius, needed Jobs’ communication and design skills to sell “personal computing” and make Apple a mass-market company.
Feynman loved explaining things, so he had to keep trying to explain them in a manner that the ordinary folk could understand, but he also loved physics, which kept him diving deeper, and playing with it.
Having charisma and knowing what people want, and how to sell was Steve Jobs portion of the game, once the initial technical hurdles were solved. Woz likes to minimize circuits and do clever things, that was his part of the game.
Here on HN, the balance seems to be keeping it focused enough on hacking technology, while still appealing to those who want to make money off of it in yacht loads.
It's all about balance between at least 2 domains.
http://np.lexity.com/embed/YA/fa27bb6ce937aea400cc8e5f11aa42...
every 5 seconds.
Anyone have any idea what it is?
Note : The address keeps changing for every request.
Edit2 : Is it only on my PC, or are others also able to see it?
A quick search for "lexity.com" shows that it's an analytics company.
> Lexity - Apps to help grow your ecommerce business
> Commerce Central is the easiest way to grow your small and medium ecommerce businesses. We provide the best real time analytics and insights for ecommerce for free, and apps to advertize your store through Google, Amazon, Facebook, Pinterest and Twitter.
Lexity.com looks like a Yahoo service and maybe this is the analytics being collected. AFAIK pg's site is still hosted on Yahoo.
[0] https://www.mightyapp.com/
[1] https://twitter.com/Jonathan_Blow/status/1387101172230672389
[2] https://twitter.com/cmuratori/status/1387645578067124224
To me Mighty sounds like a similar category of product. They are betting that PC/Laptop/Mobile hardware will stagnate from this point on. Exactly when Apple has launched M1, which blows the previous version out of the water, at a non crazy price. From this point it’s a matter of time other hardware also catches up in terms of performance and price.
Besides, yet another company to handover my entire browsing history and data for purported improvement in latency? I don’t know.
My issue is that it’s not a product I could feel good recommending to anyone, at least at the high pricing that was proposed in the last discussion. In an era of $999 M1 Macs (and even cheaper AMD laptops) and readily available financing options, it doesn’t make sense for anyone to throw their money away at a SaaS service that simply cannot perform as well as local Chrome on a modern machine.
I could see the narrow use case for limited situations where someone has
1. Weird IT department restrictions that require them to use old, slow computers but also
2. Budget rules that allow them to spend monthly money on a SaaS but not on financing the hardware they need to get their job done and
3. Guaranteed high speed internet all of the time and
4. An IT/corporate security department that is okay with them sending all of their keystrokes, login info, and browser data to a 3rd party service
Surely this situation exists, but it still feels like Mighty is targeting a broader audience by providing untrue claims about remote thin client technology somehow being faster than a halfway decent local machine. I’d feel equally uncomfortable if Stadia was charging $50/month while claiming to be lower latency than local gaming.
The counter arguments about disrespecting hard working startup founders or doubting visionaries feel like a strawman response to legitimate questions about the value of their service. The technology and execution look to be good, AFAICT. It’s the product, pricing, messaging, and value that I can’t recommend.
At our startup we have a small org of customer service reps. They basically live in four tools: Notion, Slack, Chrome, and Front.
These four tools have one thing in common: they are all Electron apps. They SUCK. On any windows computer slower than a $1.5K lenovo, our reps can't have more than ~10 tabs open before their computer starts to stutter.
One answer would be to buy everyone an M1 mac. However, most of these reps are not familiar with apple (they use PCs at home) + they are still a bit too expensive (we're in Mexico where they cost 1.5 - 2x).
I would love to be able to buy our customer service reps a setup (monitor + mouse + computer) for ~$500 USD and have them use Mighty to run our customer service suite for $10-$15 bucks a month. That would scale to a customer service org of hundreds.
At $50 bucks a month I should just buy them a mac.
IMHO Suhail's pitch about "running figma" is wrong. I'm happy to buy a designer any computer they want. But outfitting a CSR team of 50+ people? Mighty + a thin client would be amazing.
I’ll admit, my initial reaction to Mighty was “I can’t imagine it ever being faster than my behemoth PC.” But then I stopped for a second and got curious. What is Mighty, really? It is a thin-client. That’s it. And are thin-clients a bad thing? Well, if latency is an issue, sure. But “high-ping” is a somewhat solved issue, whether in multiplayer gaming, in terminal utilities like Mosh, or even in optimistic GraphQL mutation updates. Where’s the use-case where near-zero latency is vital? The only cases I can think of are games like Rocket League: fast-twitch games where even the latency between my controller and my PC is something I happily spend hours optimizing — where latency prevents the necessary feedback loop for learning (akin to trying to learn how to hit a baseball while drunk).
But beyond near-zero latency use-cases, why would a thick client ever be better than a thin client? At the edge of performance, this question is easily answered: I would never attempt to train a PyTorch model on my admittedly powerful GPU. That’s what the cloud is for. So when it comes to my browser, why am I content to eat up memory and cpu-time with hundreds of tabs open that almost always include one or two that are broken, soaking up my resources, and have to be hunted down and killed off so that IntelliJ can return to its normal lightning-fast speed?
Might goes even further and asks why I would want to run IntelliJ on my machine at all. Wouldn’t I rather run IntelliJ like I used to run Vim over Mosh, where I never have to worry about storage space, about download/upload bandwidth, or about my computer becoming sluggish?
And that’s the killer idea here: that thin-clients almost always beat thick-clients. One could even argue that the entire internet is premised upon this reality.
I’d happily pay Mighty to try it out for a bit. Even if it doesn’t work, I’ve dropped more money of less fascinating ideas. At the very least, I’m rooting for their success, because it would change a lot more than how you consume content over the internet.
> "50+ tabs without your computer coming to a crawl"
On Macs, people can just switch to Safari for free and solve that problem. Yes, Chrome is a memory hog. Stop using Chrome, don't send all your browsing data to a third party.
Perhaps Windows would be a better choice for Mighty demo shots, since there may not have a better option than Chrome for Windows.
Reading this I thought of CNIs like the Internet of the 1980s, women’s suffrage in the 19th century, Project Mercury, The Eiffel Tower.
The CNIs gaining ground today in tech seem to be crypto, brain-computer-interfaces, quantum computing, and CRISPR gene editing.
No, I'm upset that Mighty is necessary. That we, as an industry, have failed so hard that multi-gigahertz mult-core machines with gigabytes of ram can no longer consistently and quickly render documents without offloading it to a central server.
Not only that but a great amount of people here live in a literal tech bubble and we believe that everyone has a reasonably fast laptop or can setup a large workstation.
I'm sure there's a niche, though. Like low-paid workers needing to do a lot on their crappy personal machines.
This sounds like the sort of nonsense used by scientific crackpots to attack their critics for "not understanding" them.
Sure, your idea may be revolutionary and actually upend everything, but the overwhelming likelihood is it won't and you need to go through the same evaluation process as everybody else and not be so salty about that.
Incidentally, I find the MightyApp concept interesting and wish it well in forging a new market, but this sort of rationalisation as the "main" driver behind reasonable scepticsm is a very poor defence.
Most of the speakers talked in glowing terms about innovation, how good it was, and how welcomed it was.
But one speaker didn't. He said: "You'll know you're being innovative because you'll feel uncomfortable about your idea."
I had never before heard that point of view before, but it clicked.
If all of your peers think what you're doing is a good idea, maybe it's time to re-evaluate how innovative your ideas really are.
The problem with all of this is that immature good ideas look and act exactly like crazy ideas. It's hard to find comfort pushing on an idea with that fact always in the back of your mind. You could find yourself years down the road with nothing to show for all that effort.
I don't think this tells the whole story. The church didn't immediately view the heliocentric model as a crazy new idea.
> In 1533, Johann Albrecht Widmannstetter delivered a series of lectures in Rome outlining Copernicus's theory. Pope Clement VII and several Catholic cardinals heard the lectures and were interested in the theory. On 1 November 1536, Cardinal Nikolaus von Schönberg, Archbishop of Capua, wrote to Copernicus from Rome:
> "... Therefore with the utmost earnestness I entreat you, most learned sir, unless I inconvenience you, to communicate this discovery of yours to scholars, and at the earliest possible moment to send me your writings on the sphere of the universe together with the tables and whatever else you have that is relevant to this subject ..."
(From https://en.wikipedia.org/wiki/Nicolaus_Copernicus#Heliocentr...)
The church's stance against the heliocentric model developed later, and probably for religious and political reasons.
Secondly, rational astronomers shouldn't have been convinced of the model as soon as Copernicus proposed it. It wasn't yet proven. It's like string theory today. It may have been an elegant theory, but a good scientist shouldn't consider a theory proven until it's actually proven.
Relating this back more generally to the essay, I think there's a bias in how we retell stories from history that makes it seem like great new ideas were initially mostly considered crazy. It makes a better story when one person overcomes the odds and invents something great despite everyone telling them they're crazy. But reality, most new ideas had a mix of detractors and supporters. We just remember the detractors better and amuse ourselves thinking about how wrong they were.
> Most implausible-sounding ideas are in fact bad and could be safely dismissed. But not when they're proposed by reasonable domain experts.
Off the top of my head, I vaguely remember that the latter half of the careers of many "greats" like Einstein, Fermi, Erdos were riddled with pursuing directions which bore no fruit (to this day).
I don't quite think that crazy bets work on "average". On average they fail. It mostly so happens that crazy bets are on "average" taken by people with a network that can attract able and passionate people, who can see through an idea to its conclusion. This is where experts come in.
Experts often rely on validation by their "community", and by the nature of community dynamics need to upsell. They naturally attract the kind of people needed to execute crazy ideas. But then attracting such talent also has a corrective effect on the originally crazy idea, such that it has a higher chance of succeeding by minimizing the blind spots, the unknown unknowns.
I don't know about Erdos, but the other had ambitious ideas, not crazy ones. Evidence that they weren't crazy is that the problems they were working on are still seen as the ones to solve by most of the physics community.
In fact, on the case of Einstein, he worked on much crazier ideas on the beginning of his career. I don't think any respected physicist ever thought about solving Brownian motion, and the photoelectric effect was an interesting curiosity but mostly of interest of "those inventors out there", not of researchers.
And don't forget Newton!
And in this particular case, I don't think this is a valid defense.
First, he clearly has too much skin in the game to be credibly neutral about it.
Second, he avoids addressing the main critique about this "new tech".
People are not claiming that it is a bad idea because it is infeasible or not valuable, but because it is dangerous and also because it sounds technically ridiculous. (thin client inside thin client)
https://www.mightyapp.com/ https://twitter.com/Jonathan_Blow/status/1387101172230672389 https://twitter.com/cmuratori/status/1387645578067124224
I think this is a general and important point (and sadly not at all discussed in his post). When an expert publicly says something that seems wrong, my default explanation is that they have a vested interest that consciously or unconsciously forces them to consider the implications of what they say and alter the message accordingly. Recent case in point: public health authorities telling the public that masks are useless and even harmful during the pandemic (presumably to avoid shortages) and then reversing their stance when masks became abundant.
This is especially true for public statements. If I were a friend of pg and we would go to a pub and he would not stop talking about how awesome one of the startups he invested in are, that would be a strong signal for me. But if he shills for one of his investments on twitter and on his blog just like some influencer-investor would do, I don't find this especially strong evidence that said startup is revolutionary even though he is an undisputed expert on startups.
So any argument I could realistically make against $sillyAppThatHasVCBacking will not matter if enough Paul Grahams back it and $sillyApp makes itself a moat.
WeWork would be the most prominent example of this; even after their 2019/2020 crash, they'll probably come out of the pandemic okay compared to its competitors simply because it just got big enough.
I don't mind Mighty as a product, I don't mind their team, their pricing or their slick marketing website. But please, call it what it is: A nice and slick Remote Browsing product, one of multiple ones. Cloudflare recently launched an RBI product with much more humble and honest marketing about where it will be useful.
And I mean that in a bad way.
Privacy and users rights are already pretty bad, but we still own our computers.
I can see how it would start in the corporate world.
I find it strange that for someone that is a relatively immune from any real scrutiny, and constantly claiming to be a bold thinker, PG is always so coy in his writing.
I would find PG's recent stream of ego driven rants much more enjoyable and potentially insightful if he would just say what he's really trying to say.
He might be trying to add strength to his arguments by making them somehow more general, but since these pieces always seem very clearly about a specific bone PG has to pick, the result is they read as some of the most cowardly essays I've ever encountered.
"The browser uses a split architecture where some of the processing is performed on Amazon's servers to improve webpage loading performance."
I'm sorry, but 1 sec is not fast...
funny how they all turned out to be mixed bags. the best part? people telling me web apps are "lighter". even back then I knew that was a hot load of bullshit.
good to know the other shoe has dropped and we're really going full-circle to thin clients/mainframes, but shittier.
This is the kind of asymmetric dismissal he’s talking about, and it’s not very good.
Dangerous? We run everything via cloud services and encrypted communication. “Sounds technically ridiculous” - so did probably every modern technological idea when it was new “you put your database in some other company’s servers?!”.
You’re mostly proving PG’s point.
This is the subtext I came here for, thanks.
I'm undecided on Mighty, I don't have a strong opinion. I wouldn't consider it "revolutionary", unless perhaps they have a vision way beyond the product they've talked about publicly, but it would seem a bit unfair to use that as a defence against criticism.
One thing I did notice is that a few people involved or indirectly involved with Mighty seem to have a problem with the criticism on HN, which seems really strange to me if you consider yourself an open individual who supports freedom of discussion. You don't need to engage with that criticism directly, but presumably it's useful to be criticised - you'll need answers to those arguments. And if the criticism isn't constructive, well, who cares? There's always some noise.
It feels to me like "oh yes I want people to freely debate ideas and criticise them but just not the ideas I like".
An idea isn't bad if it's valuable and built on ridiculous / dumb / silly / simple / old technology. A product should be measured on output, not input... in fact I'd go as far as to say that we (hackers) should celebrate ideas that deliver incredible value with such a simple implementation.
They are arguing that technology shouldn't need Mighty. The mere fact they are complaining about the state of the world means that there is a problem that needs solving.
That sounds like an odd use of "skin in the game". "Skin in the game" would be if that thing failed and then he gets skinned, basically. Being invested in something with potentially lots of upside and worst case a bit of lost investment isn't like that.
- Also IMO we should let mighty app (or for that matter other crazy ones) play out. We all know little about the capabilities of individuals and what the future holds. So why to ridicule and prematurely declare certain death.
He says that in history, great ideas started like that. But he didn't provide examples. I didn't find the article practical because of that. It would have been a lot more useful if it provided contemporary examples that support the claims made.
He does give the example of Copernicus, I believe Louis Pasteur would be another good example. PG does say he is speaking mostly of maths, sciences, etc.
But there are also many examples where the domain experts missed the opportunities, and somebody else stepped in.
The AirBnB gang weren't domain experts in hospitality. Coinbase founder wasn't an expert in finance (though he was an expert in security I believe), Collison brothers weren't experts in credit cards, doesn't look like the founders of DoorDash were experts in hospitality or delivery.
Not to say PG is wrong, there is good logic to not dismissing ideas, and finding nuggets, but I think the model is being overfit. Or perhaps one wild ideas by domain experts doesn't negate the potential for wild ideas from non-domain experts.
> i have good ideas, i just don't know which of them are good up front. hence, looking foolish is a prerequisite for looking smart.
Source: https://mobile.twitter.com/kentbeck/status/11329885166594867...
1. Listen to as many viewpoints as possible 2. Remove the people who are not domain experts 3. Remove the people who are blinded by their own financial interests or ego. 4. Remove the people who are influenced by social pressures ( good and bad ) 5. Assign probabilities to the remaining viewpoints evenly. 6. Repeat steps 1-5 and chart the progression of the probability space.
Currently, It seems 40%+ likely that Bitcoin will end up as an accidental Ponzi scheme with a crash based on late adopters rushing out. But there is also still a 10%+ chance that it replaces gold as a currency hedge for the next 20+ years and 5+ percent chance that it becomes a first class currency.
... whatever value proposition it is packaged up in is just marketing and propaganda ... even if they charge money for it.
- "Imagine, they're like really small animals, but the're too small to see! The're everywhere! They live on us, in us, around us! They are what makes us sick!" (Pasteur, germ theory of diseases)
- "You know how there can be mountains as huge as the Himalaya? Easy! In reality, all continents are really like small leaves floating on a see of magma, and they're bouncing into each other, and when they crash we get these huge mountain ranges and continents." (Alfred Wegener, tectonic plates)
- "You know time? Yeah, it's really different for everyone, and there isn't even a thing such as 'simultaneous'. I'm serious! Just imagine riding on a train and playing with a flashlight and a watch!" (some patent clerk in Switzerland)
Seeing small things is difficult. Instead of making microscopes better, what if we made the samples bigger?
(Expansion microscopy)
1. PG is selling us something. 2. PG just open-sourced a part that seems like a component of the YC admissions logic.
I personally don't care if it's just 2) or if it's 1) and 2) - in each case I get to learn something new and for that I am grateful. Basically, they must have established that whenever they can't tell if you're right or wrong, they ask themselves how likely are you to know something that they don't. This seems obvious enough, but only after you've heard it explained. Also, it might be obvious to each individual to a different degree, so when you consider that YC applications are reviewed by a large group of people, it's almost certain that this is all codified in such a way that the reviewers are not just judging the startup alone, but likely also the founder independently of their startup. As you can tell, I clearly don't have any inside knowledge here and this is all just speculation. But if I were to submit a YC application, I would certainly ask myself now more than ever before how to make people believe that I am an expert in the field of my startup.
Mighty isn’t betting on the internet continually getting more bloated, or being better than a thick client. Even for a poor person working mostly in Figma, buying a decent laptop will be much more cost-effective.
What they are really selling is the equivalent of upgrading your laptop to a new model while it’s still running. Hardware shopping is time-consuming, stressful, and never done proactively - so you suffer in silence till the new one arrives. Then you have to replicate your old workflow and warm the caches.
The two biggest threats to Mighty are Apple/MSFT building “snapshot” recoveries in new hardware (almost AMI-like), and real adoption of saving bookmarks, history and passwords to the cloud by signing in to Chrome (most I know are hesitant). As has always been the case in this industry, the hardware is irrelevant.
This isn’t game-streaming, where you unlock hardware economies of scale because most users play a tiny amount a day on average. Your browser is always on.
What a luxurious problem to have: would rather swipe my card and pay 50$/month than buy a new laptop - ugh!
Google didn't come out of Yahoo. Napster wasn't founded by music industry execs. Friendster didn't evolve into Facebook. Match.com didn't invent Tinder. It's often the curious outsiders that disrupt the status quo, not the well connected insiders.
You won’t find a revolutionary import/export company that doesn’t have some knowledge about the logistics industry. But you are more likely to be paying attention to new technologies as they emerge that might allow you to come up with the revolutionary ideas. I’ve noticed as I’ve gotten older I’ve stopped spending my time fiddling with all my devices. As a result I’m less likely to realize when something new and exciting might be within reach, until it hits a higher point on the bell curve of maturity.
So Im skeptical of this outsider/insider characterization, IMHO it's almost always the individuals.
from my reading of the history of Yahoo they had plenty of good ideas that they destroyed because the problem was not domain experts but thinking they were in the wrong business (media!)
AirBnB, which is perhaps pg's favorite company, would never have gotten into Y Combinator without Michael Seibel and the endorsement of the JTV crew. AirBnB simply would not exist today.
So I hope people don't read this essay and think, "I'm not a domain expert, so I'll give up on this idea." Somewhat of a dangerous essay for that reason.
In the case of music, one could have domain expertise on audio files, compression and domain expertise about file sharing and domain expertise about younger people's listening habits. That's just having some insights into the domain, several as is the case with Napster. Music industry execs in those days probably had domain expertise on contract law, revenue sharing models, marketing and didn't have a clue about file sharing or audio compression.
Also want to mention the examples you mention seem to have not much "newness" to them to be "crazy new" in my opinion.
When I think of "crazy new" ideas, I think of things like stuff that came out of PARC in the 60's. If you go watch the Stanford 2 part series "How To Invent The Future" with Alan Kay on youtube [0] it goes into a lot of detail about them.
The challenge there with Xerox was they couldn't capitalize on every single idea that came out, just not logistically possible for a company to really do that.
Larry Page and Sergey Brin were domain experts - they were doing a PhD dissertation on mapping and indexing the web.
The other businesses you mention aren't all that crazy; they just needed good implementation.
I don't know about that... look at physics for example. You have plenty of experts who are total mavericks and then a bunch of outsiders spewing crankery and messing up on the basics.
Less positively formulated, you could also say people outside an industry are naïve enough to start something people inside would deem impossible.
The system, lol, I mean our culture and society, is very resilient to change. If it wasn't, it would be a different system. A part of the resilience, the reason it doesn't crash down into chaos and anarchy is because it rejects and ostracizes people with new ideas. It's by design, how it evolved. However, it also needs to evolve and grow and the people who do that have to endure.
Not all people who are on this 'Hero's Journey' are correct. Disney isn't addressing whether the crazy new idea is good or not, although in their media it is always a good idea, which is what Paul Graham is writing about. Their stories are addressing the journey a person endures if they have any crazy new idea that challenges their culture and society, good or bad. Whereas, Paul Graham is looking to quantify signals that a crazy new idea is good, something he should invest in. To which, I'd add asking if the person with a crazy new idea is honest, not only to other people, but more importantly honest to themselves, integrity. If a person can separate delusion from fact except for that one idea, that's a signal.
[0]https://livingspirit.typepad.com/files/chris-vogler-memo-1.p...
You might be a Skywalker, but you don't know which one.
Y Combinator and Tesla were seen as stupid and crazy for a long time. Meanwhile I’ve seen a lot of domain expert entrepreneurs do really crazy things that lead nowhere when it’s VC money instead of theirs.
iPhone certainly not the first touch screen display, Microsoft did have one, I believe. However Apple's timing was perfect, there was increasing adaptation of wifi connectivity and 3g, making it able to browse anywhere. Of course smoother interface and beautiful design also contribute big.
AmongUs was lucky they got advertisement from streamer, at perfect timing that was (is) pandemic and lockdowns.
Tesla can be considered crazy because they try to emerge with unknown product, with unknown market and unknown possibility of success. If we look at the past, Apple's iPhone was crazy too, because it was new product, with unknown market.
And doing an extremely effective job of it. Getting readers to feel something is the whole game. Paul and Suhail know the default reaction to this idea is “well that’s dumb”. Encouraging and exploiting heated conversation around that is a smart move.
I recommend imagining “what frame of mind or perspective would PG need to have to honestly believe what he’s saying?”
[0] mightyapp.com
- Even with today's concentration of information, there are several independent information sources left... and they want us to access them from a single point of failure?
- Who pays for this and how? How do I install my own ad blockers and anti tracking extensions on Mighty? Am I supposed to just trust them that they won't sell my advertising profile?
- What happens to the sites Mighty management disagrees with? Do they become inaccessible? Or they render badly? Especially since they're an American company and society is getting ultra polarized over there...
It's bad because their strongest viable business plays seem to all involve leveraging their access to people's browsers in not-so-nice ways.
In modern times we should feel more safe to have "Crazy New Ideas", we probably need them to solve many of the problems our world faces today. But we are biased against new ideas since our brains have evolved to see them associated with negative outcomes like death by lion or exile from the tribe. There is a lower risk of death by big cat today so people should feel more willing to have an celebrate new ideas.
The problem is that these ideas are a tiny minority of all new ideas.
The vast majority of new ideas are eventually proven invalid.
So just because an idea is rejected, does not mean that it is guaranteed to triumph.
This is survivorship bias. He is not wrong in that yes, we should consider ideas from domain experts carefully and not be overly dismissive. But it is absolutely survivorship bias to believe that every crazy idea from a domain expert worked out.
> Such ideas are not guaranteed to work. But they don't have to be. They just have to be sufficiently good bets — to have sufficiently high expected value. And I think on average they do.
It's likely that you're both right. If something is biased 45% off of a coin toss, but gives 25x returns, it's still positive EV.
This is a part of VC and speculative investment that a lot of people gloss over. Success is the difference between being wrong 95% of the time and being wrong 97% of the time. (And, with Softbank around, sometimes it's the difference between being wrong 97% of the time and 99.5% of the time.)
Where the author suggest a rule: "Such ideas are not guaranteed to work. But they don't have to be. They just have to be sufficiently good bets — to have sufficiently high expected value." - it is hedged against survivorship bias.
Who believes that?
Sometimes a stupid idea is just that.
Mighty is trying to make your browser experience smoother, faster, whatever (saying nothing of the larger vision). That's obviously a good idea, and it's easy to tell a story about how the founders overcame huge technical hurdles to make it work, and so on.
But then Mighty is also obviously one of the ugliest, most inelegant ideas ever invented, which, in case it fails, can be used to point it how obvious it was.
So, yeah. Not sure there's much to be learnt here?
I was watching Rudy Giuliani yesterday on youtube, talk about how the FBI accessed and monitored his iCloud account for over a year. Which included his privileged lawyer/client information. If they can do that to a president's lawyer, while he's defending the president. They can do it to anyone.
I wonder if most people realize this? In my experience, it seems like a characteristic that defies intellect and education. Incredibly smart people are, if anything, someone's more dismissive of new ideas because of their confidence that it just won't work.
This happened to me when I was younger. I had an idea that could best be described as Uber, years before Uber existed. I worked hard on analyzing this idea, preparing all sorts of financials, enrolling in an incubator program to understand how to pitch, getting help everywhere I could.
The incubator held a pitch event that would be attended by a range of people from different professions and judged by a panel of their choosing.
I made my presentation. It went very well. Until one of the five judges essentially took over. Up until then I had received reasonable questions and offered reasonable answers. He chose to be brutally dismissive. I don't know his background but the guy attacked at such a level that no other judge asked any questions. It was truly distressing, to say the least. Once the firing squad treatment ended I said "thank you" and left the auditorium.
I must have been obviously fuming and the attack must have been obviously unfair to some in the audience because an executive from UPS (the shipping company) decided to follow me out and talk to me. After calming me down he said he though my idea was excellent, that it needed refinement and that I should not give up on account of that jerk. Still, I was rattled. Definitely.
I was too young and stupid to process that event for what it was: A jerk being elevated to judging startup ideas who was there to feel superior by hurting people. Again, I was too young to process that and I did not have anyone around to help me get past it. I quit. I abandoned that particular dream. All because of that one jerk.
Now, many years later, I wish I hadn't. I wish I had been equipped with the wisdom to dismiss him for what he was and move on. Again, too young, didn't have enough experience and this guy was at the right place and the right time to destroy me. And that he did.
Thankfully my career moved on. I have nothing to complain about. I sometimes wonder how much of that goes on in the startup scene. I wonder how many great ideas (or potential entrepreneurs) evaporate because of assholes who want to "seem clever".
A crazy idea is just betting a majority is wrong. What makes it smart is not about being right, it's that you have figured out how to make money if the consensus is vulnerable or wrong.
Some of the the biggest startups and plays of the last decade were bets against conventions and rich country taboos like letting strangers crash on your couch, driving strangers around in your car, straight women wanting anonymous hookups and the normalization of sex work, non-technical people using cryptography, working class people investing in alterantive assets - let alone understanding what a short squeeze is enough to execute one, watching movies on little laptop screens.
What makes an idea 'crazy' is that it is against one that people align with because the alignment itself means being aligned to power. Most of what people believe, they do so because it works for them, and by works I mean aligns them to what they percieve to be powerful. Most money seems to be made getting short weaker middle class conventions.
A crazy idea is making the call that an emperor has no clothes. I suspect the secret to getting short naked emperors is not so much a track record for upholding convention, but rather, a track record of suviving.
You have nothing remotely resembling a proper sampling of ideas. The ones that failed simply get forgotten
There are important implications in AI. Kenneth Stanley - Why Greatness Cannot Be Planned on Machine Learning Street Talk.
It's been shocking for me to see how terrified multi-millionaires are to invest even $100K into a risky but potentially transformative project; instead preferring to pile onto the latest hot startups which other big investors are dumping their money into... Like a herd of sheep. This behavior underlies a lack of self-confidence.
When you have a lot of money, your odds of success are much better, so why waste it and act like a sheep? Is it because a lot of wealthy people nowadays come from lower classes and they've struggled to shake off the herd mentality which is so pervasive among the lower classes of society? They think they're playing the same game as before; with all odds stacked against them, but this mindset is counterproductive to a wealthy person. Once you have a lot of money, the game is rigged in your favor, not against you; there is no excuse to act like a sheep anymore.
If the majority of rich people keep acting like sheep, the system will collapse under its own weight from the sheer inefficiency. Capitalism doesn't tolerate deadweight; it shakes it all off sooner or later.
Now investors are realizing that if they want to only make safe bets, then they should just invest in Bitcoin or some other scheme with high network effects... Maybe now is a good time for investors to actually judge investments based on their disruptive potential instead of just looking to other investors to outsource decisions. If you just want to participate in a social scheme; just invest in crypto. If you want to invest in a business, then you can't avoid taking risks!
Now we kind of think everyone is so connected that you have to be "crazy" to think X rather than realizing sometimes X makes perfect sense locally and it only seems bizarre to outsiders. "Crazy" often means it's a radical departure from existing ideas rather than an incremental improvement and there used to be more latitude for saying "Hey, let's import this idea from elsewhere that seems crazy here but it's proven and solid somewhere else."
And I think that's a challenge we need to work on. The world seemed really cool and exciting about forty or fifty years ago and I think that's because things were only starting to get connected. Now we are sort of over-connected and expected to all know what "normal" is, as if normal is the same the world over when it isn't.
I think there is a cost to that.
Everyone isn't too conservative: veterans in a field are conservative because they have earned the war wounds they carry. Which is why you tend to see "disruptive apps" targeting younger people. They don't have the life experience to understand, at first glance, why an idea may be extremely dangerous.
I'm young enough to remember being that way myself: Who cares if someone gets my bank account info, what are they going to do, pay off my student loans? Spend the $25 I have in my checking account? Oh no!
I abhor people who throw around the idea that someone in tech being "conservative" is somehow wrong or bad. They're conservative because they know just how much is at risk for the folks who don't know any better.
But if you don’t know any of that, you build it anyway, because schleps are really just long collections of much smaller problems, and naive founders can solve much smaller problems at a rapid succession, whereas “conservative industry experts” simply wouldn’t even start because it’s too hard.
I don't think anyone with deep domain experience in banking would say "Who cares if someone gets my bank account info"
This seems more like an exercise in listening and trust than whether the idea is crazy or novel.
We are domain experts, and are developing the support of domain eminences. It's an umbrella organization for anyone working on space-based climate intervention. Happy to chat with interested parties.
That being said, it's amazing that mental gymnastics all VCs these days will go through to make something that's completely nonsensical seem like it "could" make sense. e.g. NFTs and Andreesen Horowitz
Humans need to act. In order to act we need to believe that our actions are actionable. Anything, anything at all, that leaves us unable to act is a threat to our survival. A bear jumps out at you. Being unable to act because you don't know whether to play dead or run is deadly. Being unable to decide whether to wear a mask or not is deadly, even if both choices are both right or wrong. Maybe not said well, but when you consider all the actions you take in a day and what would happen if we could not decide.
As a side effect, I wonder if simply voicing ideas or bringing into view concepts that challenge the certainty we each require in order to get through a day, is in fact threatening.
To me, the main problem lies in what VCs think pass as 'tech'. The mighty app website made it sound it like it was some novel revolutionary app.
I was hoping it was really something clever like what the Cloudflare people or even game streaming companies do. But nope.
It's significantly worse: it's literally slapping together existing tech and calling it novel. And worse, simple security/privacy seem to have taken a backseat as if there is some innovative performance-oriented solution being prioritized here.
There doesn't seem to be any tech. But reading through the website, one might be mistakenly led to believe it is something of a hard problem to solve. In fact the person running the show admits to how they pivoted from a Windows VM company to running just Chrome. This is reality distortion at best. Running an Electron app to stream a live Chrome VM session seems like a CS401 style project.
This is similar to Uber or AirBNB: the value add is in slapping together some quick existing tech with the main 'innovation' being the funding system or creatively working around regulatory/legal hurdles.
I find it amusing and sad that there isn't any new tech nor even a sound financial plan for a lot of these companies (nor even a so-called moat beyond just siloing their first mover advantage behind legal paperwork).
It seems as though the 90s VCs funded actual technically sound, innovative, "pushing the envelope yet making money" companies.
These days it's a popularity and ego matching competition among VCs and founders. This isn't tech. This is throwing money at a problem inefficiently and seeing what sticks. The people that work in this space are rather uninspiring, technically demotivated but financially motivated group.
I hate to think that this is the new 'tech' world that was promised. I don't even want to start on Jonathan/Casey comments as they are obviously right but that's besides the point here.
Makes me wonder if Mighty or Clubhouse (or even Lambda school/Coinbase) are the stellar examples a budding CS student is going to look up to: which is sad and makes me really wish for the 90s VCs to come back and fund more technically/financially sound and inspiring companies.
For me, a tech company is a company that leverages advances in applied sciences and mathematics (computer science included) to create new, innovative solutions.
While there are certainly companies that are innovating in fundamental technologies and making that a cornerstone of their businesses, the vast majority of tech companies are little more than conventional businesses with some digital business automation plumbing. Innovative business models are still innovation - don't get me wrong - but they're not technology innovation.
It made sense to call e-business "tech" companies when the web was fresh and new and everyone was innovating, but these days, very few are pushing the envelope on the technology side. It's pretty well accepted that any business needs electronic technologies to work now: at what point do we stop calling every company that builds an app tied to a database a "tech" company and just call them an "[insert vertical here] business"?
If there was less money in the system a lot of these quasi-innovative companies would die, or not even get off the ground. But there is tons and it is leading to the misallocation of a great amount of time, energy, and intelligence - at the cost of future generation's standard of living.
The best way to envision what happened is to imagine a pond with a crust of ice on top. Initially the only way from the bottom to the surface is around the edges. But as the ice crust weakens, you start to be able to punch right through the middle.
The edges of the pond were pure tech: companies that actually described themselves as being in the electronics or software business. When you used the word "startup" in 1990, that was what you meant. But now startups are punching right through the middle of the ice crust and displacing incumbents like retailers and TV networks and car companies.Funny how he says this but then later goes on to mention Darwin. Perhaps we could say part of the natural selection of new "big things" is if they (both the ideas and the people) survive the early dismissiveness and criticism. I would welcome criticism from highly experienced and conservative people, because if you can respond meaningfully and survive - you're probably on to something.
Weird. Math, engineering, and the hard sciences are the few places where it is possible to positively say an idea won't work.
It is so frustrating. There is this huge wealth of content available and a large group of people who'd want nothing more to be able to share what they know about the history of science and instead we get think pieces based in hunches, feelings, and generalities. The historians are right there! They want to talk to you!
> I actually worry a lot that as I get "popular" I'll be able to get away with saying stupider stuff than I would have dared say before.
PG started writing essays about what he knows well (programming, start ups), then about things he knows a bit (painting) and then stuff like this, or his essays on economic policy. In any case, he predicted his own future quite well.
[0] quoted here https://idlewords.com/2005/04/dabblers_and_blowhards.htm from there http://lemonodor.com/archives/001091.html#c8508
Consciousness of history is inoculation against the sort of "thought leadership" PG sells
Not to pick just on PG—that's more common than not, really.
Not everything he writes is amazing. I wish there wasn't such a cult around him.
But to be quite honest, many PG essays fit this same basic structure, whereby some venture or belief of his is introduced in a slow-burn way, with lots of short sentences light on content as if trying to sound off-the-cuff but way too authored to sound convincingly so, and then a dispassioned but complete teardown of the critics of the idea. A subversion of an appeal to historical authority thrown in for good measure. He always comes across as the understated luminary whose low opinion of the clueless hordes or meddling schemers below him is emotionlessly obvious, and anyone who disagrees is clearly a meddling schemer because of envy or fear or some other existential insecurity, because his seldom-mentioned achievements ought to speak for themselves about the supremacy of his approach.
But what's especially frustrating about this essay is that it's clearly precipitated by the dismissive public reaction towards the Mighty app -- an observation shared by many others in this thread -- but this is intentionally unacknowledged by him, presumably so that he can pontificate about the bravery of weird ideas the envy and fear of others on his personal blog without soiling the name of a business venture he backed. But it's also evidence that with a simple Twitter beef, you can get under his skin -- a sad fact you'd be forgiven for doubting if you hang on every word of his essays.
As a result, the opposition arises too: the people who dislike these demigods for the same reasons their followers like them.
I say this is probably an American thing because I don’t see this happening in Europe. I worked for years for one of the most successful startups in Europe and I have no idea what the names of the founders are. Probably no one does by now.
[1] - This is my own personal opinion supported by no evidence whatsoever.
[2] - Again, an outrageously subjective statement without an ounce of evidence to support it.
A new idea is a beautiful and fragile thing. Attack people, not ideas.
Explains those attacking pg instead of his ideas. I guess.Reasonable domain experts sometimes keep proposing the same idea, because it would be so cool. e.g. onlive, gaikai, stadia. Investors overlook the latency problem (BTW starlink might solve this) because of its compelling business advantages. Aka wishful thinking.
Analogous to Chesterton's fence (reforms should not be made until reasons for the current system are understood), paradigm-breakers could say upfront what new insight makes their idea plausible. This also makes for compelling and exciting marketing.
I really like the section on paradigms, particularly how they "vacuum up the trail of crumbs that led to them".
On the one hand, becoming proficient in the current paradigm makes it harder to see other ways (in the beginner's mind there are many possibilities, in the expert's mind there are few), not least of all because of its cognitive load. On the other hand, without that proficiency, you can't stand on the shoulders of giants.
"X is a stupid idea that nobody asked for and it will never even work. Besides we already have Y[1], so this is nothing new."
[1] Where Y is some product that foreshadows the functionality of X and is already successful among some set of users, although has some incidental limitations that prevent its growth
When a distinguished but elderly scientist states that something is possible, he is almost certainly right. When he states that something is impossible, he is very probably wrong.
...which really just boils down to "it's probably possible".Here are the three:
1. When a distinguished but elderly scientist states that something is possible, he is almost certainly right. When he states that something is impossible, he is very probably wrong.
2. The only way of discovering the limits of the possible is to venture a little way past them into the impossible.
3. Any sufficiently advanced technology is indistinguishable from magic.Still, so many non experts dismiss my ideas and prototypes. Without asking Why, How, etc. And feeling good about themselves, tapping themselves in the back for "helping me make my ideas better".
I am not talking about other domain experts, those criticisms are super interesting. But being a computer dev and/or being smart in your domain does not make you a domain expert in my domain.
The ratio of supportive people vs incompetent critics is astounding. Even as I have one successful company behind me already. The lonely reference at the end feels right.
This is the primary point here - the "crazy idea" may (and likely does) have a low probability of being correct and succeeding, but with an outsized reward it may still be worth pursuing. This is, almost by definition, the correct way of looking at it.
Also note that he's talking about crazy ideas from "reasonable domain experts", not your run of the mill crazy.
This is not just a response to Mighty - he's been talking about this for years.
Using first principles they announce a bold and crazy idea. Say like Elon Musk and rockets. Sure he read some books and recruited people with domain expertise.
If you remember his story he tried to buy Russian rockets, they didn't take him seriously because he lacked the domain experience. So he was forced to take an even greater risk and build his own rocket. Doing something previously the province of only large nation states. Still he was able to pull it off.
Anyway, is there some relatively unknown startup that everyone thinks is crazy at the moment? Like Twitter of 2007? I remember blogging their demise back then.
As one anecdote in support of its argument, I have an acquaintance who co-founded a startup about 10 years ago. Much like Dropbox's early skeptics, I didn't understand how this business solved any real problem that couldn't be trivially addressed in a multitude of other ways.
I was puzzled as the business continued to grow and open offices around the world, and I was astounded when they were acquired for many multiples of the minimal VC investment that they eventually accepted.
It's hard to remember, but there was a time that YouTube seemed "crazy" as it was assumed that bandwidth costs would swamp the viability of any video startup.
See also: almost all the "dumb" early web startups that weren't dumb, but mistimed the market (Webvan, ePets)
> "Most implausible-sounding ideas are in fact bad and could be safely dismissed. But not when they're proposed by reasonable domain experts."
> "The lowest form of all is to dismiss an idea because of who proposed it."
I feel like he's prematurely dismissing the idea of dismissing an idea based on who proposes it because of who he's imagining doing (proposing) it, if that makes sense.
It is a very unconventional view certainly and one which I suspect many "reasonable" experts from the field might term a crackpot idea. But Stephen Wolfram is an expert himself and so I suppose Paul Graham's test stands.
That's the VC business model in a nutshell
Nah man, it's because every time they’re asked about security they say “yes we did an audit no we won’t release the results”? I don’t know about you but I’d like to keep my passwords to myself
Getting people to agree with a new idea is about salesmanship. If people think your idea is crazy, you suck at sales. Coffee's for closers.
Example: self-driving cars. Probably, experts that work in this field are confident that self-driving cars are impossible even 100 years in future, but working on self-driving cars gives them money.
I believe the underlying reason for HN's reaction to Mighty has almost nothing to do with any of the above. To the contrary, most of us probably feel that Mighty will be a raging success. But we don't actually like that at all. When I reflect on my own thoughts, the reasons my initial reaction is pessimistic are:
1. If Mighty makes badly designed/architected apps "fast", nobody will fix the underlying issues.
2. The internet will be amazing for the folks that can afford to pay $30-$50/month and all others will have to live with a sub-par experience because of #1
3. Some other company will come along and try to subsidize Mighty for all those that couldn't afford it but they'll monetize by advertising and further personal data collection.
4. Further lack of control over core software on our personal computers.
I fear that one day I'll visit a website with a message saying "This website runs best using Mighty".
There were similar sentiments when RSS blogs started moving to medium. Medium is amazing! but at some point medium needed to introduce a 3 item limit.
More and more of the internet which a lot of us remember as this open thing that no one owns is being siloed into privately owned.
I can't help but roll my eyes whenever I hear anyone use the word paradigm shift anymore.
https://chromium.googlesource.com/chromium/src/+/master/docs...
I enjoy this style of writing. Seemingly simple but packs a lot of meaning (like JoelOnSoftware back in the day).
First of all: it makes one very large assumption from the beginning that is never mentioned: "I, pg, can confidently identify a reasonable domain expert".
That's basically a fallacy: this is the hardest thing to be sure of and Dunning Kruger applies heavily here (both for the apparent domain expert, and also for the person listening to their idea, who considers themselves such an excellent judge of the speaker's expertise).
Beyond that, there's nothing profound here: any "average" person, when listening to a person they trust (and "trust" here means they believe that this person is competent, i.e. is a "reasonable domain expert"), will heed their ideas, and be more likely to consider the "crazy" ones. Paul is not unique nor advanced in this regard.
The unstated problem is knowing whether you're good at identifying experts.
Interesting. Do VCs outperform the S&P 500 in general?
I can think of a few examples of crazy ideas being dismissed. I remember seeing this post where someone was trying to figure out if it was possible to verify that a photo was either undoctored or else that someone went through a lot of trouble to hack the camera hardware of a phone. The post started off in the vein of, "Here's this idea, and even though it sounds crazy, I can't convince myself that it's a bad idea." The peanut gallery had all sorts of reasons that it was a bad idea -- I think my favorite reason was that it would be immoral to try to provide this capability. Paul's essay suggests a few reasons that this crazy idea might have generated such a personal attack.
Crazy new ideas are uncomfortable. I'm reminded of "Pitch Anything" by Oren Klaff, which describes the "croc brain" that protects the higher functioning parts of our brain by trying to discard anything that is uncomfortable. A crazy new idea challenges our worldview, so it's going to be uncomfortable.
There's a class of ideas that engineers are comfortable with: incremental improvements. If there's a framework in place to evaluate an idea, it doesn't make people so uncomfortable. By extension, if an idea is non-incremental, meaning it's a crazy new idea, then since it makes us uncomfortable, it should be rejected immediately.
I remember a conversation about the value of an idea. There's the school of thought that ideas are worthless -- a monkey with a typewriter can hammer out ten ideas before their breakfast banana. Another viewpoint recognizes that good ideas are important starting points, but after that the only thing that matters is hard work.
My feeling is that crazy new ideas are more like a lottery ticket: probably worthless. I don't know, maybe the peanut gallery is right. Since the lottery ticket is probably worthless, the easiest thing to do is to toss them all in the trash before checking them against the winning numbers.
A feature of ground breaking ideas is they contradict established wisdom, but that’s also a feature of most awful ones. The latter greatly outnumber the former. For every brilliant mind contradicting and redefining a discipline there are a multitude of clueless ones who lack basic knowledge of that discipline producing total crap. Think Einstein vs thousands of crackpots who don’t understand kinetic energy and momentum are not the same thing.
For this reason Dennett points out that the presence of jootsing is not a valuable metric to assess an idea. He goes on to say as it’s unhelpful advice to give to someone attempting to produce a valuable concept. He compares it to teaching someone how to invest by saying “buy low, sell high”. Yes this is a feature of a successful investor, but in and of itself, quite unhelpful.
Unfortunately, saying “my ideas jootses” isn’t saying much.
I am not an expert, but this sounds related to Gell-Mann Amnesia. https://www.epsilontheory.com/gell-mann-amnesia/
If a domain expert suggests a radical idea, by mere statistics, I should treat that radical suggestion with higher confidence than if a non-expert suggested the same idea. For example, a theoretical physicist talking about a flat earth in the context of 2D quantum gravity compared to a fanatic talking about how the earth is flat on YouTube. Of course, I'm not going to immediately dismiss Lee Smolin, but I might dismiss a random YouTuber talking about it because they are not a domain expert. This, I believe is at least somewhat related to Gell-Mann Amnesia, no?
I mean, this is basically QAnon, antivaxxers, creationists and trickle-down economists in a nutshell. That said . . .
> Are they mistaken, or are you? One of you has to be.
By default I assume I'm in the wrong. There's just so many domains of knowledge, the probability of me having enough depth of even more than a handful is highly unlikely. The hard part is distinguishing those who are domain experts, and those who are not, when you are not a domain expert.
> If you're the one who's mistaken, that would be good to know, because it means there's a hole in your model of the world.
And I love viewing everything as a mental model, because, well, it is, plus models are plastic: they can be changed. Asimov's "Relativity of Wrong" comes to mind.
It's very difficult to differentiate between an innovative idea and claptrap. Genius is difficult to recognise because it takes a genius to develop the idea in the first place.
"Run your own browser for free, forever, without having to sign up or put in your credit card!"
"Run your own browser, even when your network connectivity is bad!" -
"Run your own browser to access resources on your corporate intranet that are not available on the Internet".
"Run your own browser, you stay in charge of your data, login credentials and browsing history!"
"Run your own browser which efficiently caches resources locally so you only have to download them once instead of a constant 4K video stream".
Even if you get an amazing idea, the chances of it being a good business are small. In fact, some of the best businesses didn’t start out with good ideas. Instead, they started out being considered stupid, wrong, childish, irrational, useless, too easy, too hard, impossible, unethical, unsustainable and we could go on.
If you get an idea that turns out to be a great business, chances are that others would have told you it’s a bad idea you might even yourself at times think it’s a bad idea and almost give up.
The difference between an idea that looks to be a complete failure and one that is wildly successful is often a matter of months. On top of that, most businesses fail even if you have a stellar team and for many not-so-obvious reasons (more about that in the next essay) It’s just hard to know if your idea is great or not or if it just sounds great. So how do you make sure your idea even has a chance of making it? Having worked with hundreds of startups, investors, and founders over the years, we decided to put together a list of principles that can be used to come up with ideas that others want to pay for.
1. There are 3 categories of ideas that potentially could be turned into a business.
Ideas for a solution to a problem
Ideas for fulfilling a need
Ideas that create new demand.
The safest business ideas are solutions to problems. The world is filled with problems. Finding the right problem to solve is often harder than the actual solution. The questions become more important than the answer. The next safest business idea category fulfills an existing need but in a better/cheaper way. Whether a dating service, an email client or a new type of insurance. Finding an underserved market is normally the way in. The riskiest, but potentially most fruitful of them all are ideas that create new demand. These are products or services no one knew they needed before they tried them. Computer games, songs, movies, fart apps, and most social networks belong to this group. Make sure you know which category you are in.
2. Questions you can ask yourself or others: “What problem in your industry would you pay for someone to solve?” “What annoys me that I would be ready to pay for?” “What in my life feels like it could be better?” “What are my friends complaining about?” “What are my friends excited about?” “What has changed over the last 3–5 years?” Ask questions that are open-ended and don’t come with an obvious solution.
3. Once you’ve found an idea to pursue ask yourself: “Are there any existing solutions out there?” “How big is the problem/need?” “Why hasn’t this been solved so far?” “What kind of problem/need is it? (i.e. Legislative, technical, financial, etc)” “Do I have the skills or knowledge or intuition or perseverance to pursue this?” Keep asking questions and don’t be afraid of the answer. The right questions asked today can save you months or years of work down a path that leads nowhere.
4. Define your competitors much more broadly. You will often be asked, “Are there other companies out there doing what you are doing?” The answer most of the time will be yes. If you don’t find anyone, you most likely aren’t defining competitors wide enough. Oftentimes competitors aren’t doing exactly what you are doing but are perceived by customers as if they were. If you define competition too narrow you risk missing what might be inhibiting your growth. If you define too wide then you might find potential market places you weren’t even thinking about.
5. Don’t be afraid of sharing your ideas with others. In the beginning, most great ideas don’t look different than bad ones. Chances are that even if your idea turns out to be a unicorn, no one will notice. In fact, if you are on to something, chances are you will often have to pay people to work on it for you. Reversely if you get an idea that sounds great and everyone loves it, chances are it most likely already exists or it just that, a great idea, not a great business. So unless you’ve found the cure for cancer and then probably instead should patent it, don’t be afraid to share ideas.
6. Fight for your ideas. Ideas are like newborn babies. Extremely fragile in the beginning but with great care and nurturing they can turn into amazing mature businesses. Make sure you give your idea enough time to grow but not enough to turn into a bad teenager.
7. Choose ideas that keep you motivated. Many early-stage startup founders make the mistake of just looking for a good idea rather than something they care about. Most ideas aren’t going to work out, so for most of us, a higher goal is needed. Something that makes you want this idea to exist and be successful. Something to keep us going when thing’s are looking the least likely to succeed. A lot can be done with perseverance and grit, make sure your idea is worth it. There is a lot more to this than what we’ve covered here but as you can see there is a lot more going into ideas than just getting them. So make sure you’ve spent enough time on your idea.
What I find interesting where he calls most people conservative is how when I'm discussing VCs, YC, etc with non SV people is we talk about how conservative they are. YC's business model for years was predicated on finding talent (kids) that was undervalued, underpaying them (10k was the initial payouts?), getting them to pack up and move to super-expensive monocultural SV like everyone else, and then when they made bukku money, lose interest in improving the service (Reddit, Dropbox). There's nothing original there, it's the business model of carpetbaggers and robber barons. How boring.
I often feel like Jonah Hill in Moneyball, a pariah for pointing out how ancient VC thinking is. Or maybe I just imagine it. Well, it is my experience that true deep domain knowledge can only come from years of insights. People without years of experience will be lacking maturity and/or won't have time to even consider those insights. Usually people who mainly care about money, influence "becoming powerful" (Graham's words about his protege, not mine) will jump at whatever shortcut they can take instead of spending the card work necessary for learning these deep insights PG is interested in.
With all due respect, Coinbase didn't require deep insight. It was the equivalent of "You like money, too?" . PG, you should stop the contrarian persecuted intellectual look. You're not the little guy anymore, haven't been for 2 decades.
[1] https://medium.com/entrepreneurship-at-work/non-consensus-ba...
Just because Paul Graham wrote it, doesn't mean it's worth reading. Usually the opposite, in fact.
You people need to lay off the PG cultism. Stop worshipping every word he writes just because you idolize his riches, or want to be him, or whatever.
>3] This is one reason people with a touch of Asperger's may have an advantage in discovering new ideas. They're always flying on instruments
On the contrary, it is everybody else who is flying on instruments. The sperg sees straight.
When evaluating a crazy new idea (particularly something like a product or business), don't bother asking "will this work?" because no one truly knows, but rather ask: "if this does work, then what are the implications?"
Pg has quite a track record here by being an early investor in textbook crazy new ideas like Airbnb, Coinbase, etc. "Will this replace a chunk of the hotel market? Unclear, but if it does, it will be a huge and valuable business."
For folks talking about Mighty, its through this lens that pg is thinking about it. "Will it work? Is it better than alternatives? Who knows... But if the vision does pan out, I think it's more obvious to see how this could be a big and important business."