What Caroline Ellison's Testimony in SBF Trial Says on Loneliness and Workplace
forbes.com
forbes.com
I don't know any of them personally but "This was a group of scam artists in pursuit of a bigger payout." seems closer to the mark.
I wonder what the ideal was?
It's more curious to me how a bunch of people from Jane Street could believe anything like a Ponzi can keep going.
Arguably many people have this weakness and merely lack the resources to deploy when it is triggered.
I.e. greed and pride/hubris. The idealist image is just the current behavior that the investor expects will attract subsequent investors. This would explain bubbles much better than "rich people seem to be taking random walks."
Edit: A.k.a. https://en.wikipedia.org/wiki/Greater_fool_theory, though my point is it's not driven by foolishness.
I guess one interpretation is Sequoia were the greater fool.
Effective Altruism, on the other hand, is roughly the belief that you, personally, should be the savior of all mankind and should also get fabulously wealthy along the way. It’s just pure egotism with good PR.
The root of a lot of this is the virtualisation of lots of stuff of course.
I am not opposed to the idea that people form a healthy social environment at work. If you work at some place for long enough, if not frustrated, a society of familiarity will form. And yes, a certain mission, duty, or responsibility does bring people together, however banal. But all of this looks like people are barking up the wrong tree. It's like expecting your spouse or job to make you happy. That's not their job, and a selfish, vicious, and stupid responsibility to try to dump on someone. With the destruction of family life, the resulting disintegration of community and society, the buying into of a thoroughly ugly, nihilistic, and hedonistic culture that destroys one's very capacity to understand the nature of human relationships and to engage in them in a healthy manner, and given that work takes up most of a person's time, it may become tempting for lost people to try to dump their misplaced grievances and hopes at the feet of their company. But a company is part of society, not a substitute. This will not solve your problems. Companies serve society. Destroy society, and you destroy the raison d'etre of the company.
Don't make things worse by trying to be "happy". There is no greater source of human misery than the incessant pursuit of some vague "happiness". No one deserves to be happy. That's entitlement. Focus instead of doing what is objectively good, on the quiet pursuit of excellence. Serve the good of others (and not in some grandiose, virtue signaling, bullshit social media sense, but in many small, quiet, everyday ways, as the part of the very fabric of everyday life). The social connections will follow as societies are built not by the takers, but by givers. Perhaps along the way you will notice the necessity of the transcendent, as the immanent is not just meaningless, but impossible without the bona fide transcendent.
One of my previous managers used to have a measure of relationship health: can you make arguments at work that piss each other off (due to contentiousness, not assholery), but then get a beer together after work, and just chill. This barometer has almost entirely disappeared, where I had this relationship with most of my coworkers to now just one.
Several of my closest friends are people that I only interacted with online for several years before we ever met in person. No isolation there.
Many Businesses just aren’t really trying to make that kind of thing work long term. All effort at this point appears to be geared towards the eventual ‘return to normal’ which will probably go away once far more invasive monitoring tools are the new norm!
I have college friends (not many, just 3 who I call close), and a family. That and life's chores/errands are enough to keep me busy when off work.
To me, relying on coworkers for companionship is not a sustainable approach because like it or not, we need to switch jobs every 2-4 years (esp. when you are junior or esp. when you are not working at a big tech company for a cushiony/chill role, which might be rare), and there is never enough time to build strong bond with anyone you work. This is also disregarding the office politics, bullcrap/hypocritical things that you see some of your coworkers do once in a while.
Plus people you share your hobbies with (if you have a social one). This is the way. I like who I work with, but I don't want to socialize with any of them, unless I'm being paid.
It would be nice if we had more time to relax and socialize as a reward for getting work done early or at a higher quality but the reward for it is often more work, which will quickly turn people cynical. If you are cynical, socializing is very much a chore even though they know you didn't cause it.
Essentially, there is a lot to focus on that prevents people from relaxing and socializing. But profits are up, so yay?
It's incredibly difficult, and isolating to bootstrap a social network these days.
I appreciate the level of journalism where the author is reporting the facts instead of assumptions. They say "twice as likely to say they are lonely", not "young people are twice as lonely".