I've got enormous respect for them, too, but I'm beginning to think that the breadth and depth of expertise and foresight they display shouldn't be taken too seriously.
I've got enormous respect for them, too, but I'm beginning to think that the breadth and depth of expertise and foresight they display shouldn't be taken too seriously.
In my experience, people who have done actual, rigorous firsthand research usually keep quiet about it unless they are trying to alter the general public opinion, in which case they'll throw out the minimum amount of information necessary to give credence to their unfounded and self-serving speculation. Why? Because solid, accurate information is very valuable in business, and why give it to your competitors for free?
and so does being at the nexus of the tech industry and seeing the entire ecosystem from the inside-out, "behind the curtain" so to speak. they have a lot of insider information, not the least of which is basically every single pitch that comes across every other VC's desk in town, and the actual financial health of funded companies operating in the marketplace. they all share information, that's why they don't sign NDAs.
We have the meme that a great programmer is 10x better than a lacking peer. I think that is the absolute maximum upper bound on how much better someone can be, and that is in a limited, specific pursuit.
When it comes to predicting the future shape of society, we're talking about the average of many, many disciplines- not a discrete thing like programming ability. So I really think at best it'd be like a 2x-3x factor of improvement.
And with something as difficult as understanding the future, 2-3x isn't much, because you're multiplying a standard ability of near 0.
What kind of evidence could you ever collect for this statement?
Nope nope nope. Money does not make you instantly smarter than everyone else.
Not sure why this is my craw... but everytime I see andreessen mentioned I always end up thinking of the crazy "Snowden is a traitor" bit. ah well.