6,767 karma · joined January 2, 2016
No argument that the rich are con artists, in a way, but not to the extent you mean. Most jobs are terrible - raw sewage? Handing drywall? Meat processing? etc. They are awful. Robots won't be there any time soon if ever. They probably won't even replace retail workers in the next 10 years.
Keynes predicted we would be working 15-hour weeks. He was wrong because he missed that the enslavement was, in fact, the point.
The whole idea always struck me as absurd and an example of how VC malinvestment was being driven by ZIRP and outright lies about autonomy by a lot of people with a vested interest in keeping the money train going.
Reality is the space thing is just part of the usual crypto grift narrative building.
Objectively, those people are normalizing performance-enhancing drugs and the usual vicious cycle that goes with it.
Less objectively, they also tend to be the typically soul-less nerds who have made the technology industry so malicious.
Since this is also about GameStop specifically, his "This is financial advice" video addresses the GameStop cult, and to a lesser extent the bizarre cult around GameStop CEO Ryan Cohen, really well: https://www.youtube.com/watch?v=5pYeoZaoWrA
Also, cue some apes/NFT investors coming in to ask "why do you care about my money?" and other oft-repeated talking points.
The people using microdosing to be more effective at work, well... good grief.
They're amazing but they violate the intuitive moving-parts-to-risk count.
As you gain experience, you get really good at parsing and identifying axes of flexibility in statements from the power structure. In general, professional managers in a power structure will always distort or mislead with any statements they make to turn any announcement into a steering opportunity. This is just how it is and it's really not about "trust", it's about manipulation.
Manipulation is _everywhere_ in the tech companies. Nothing is more amazing to me than an experience I had early on that woke me up: the day after I attended a meeting about how the company was working on a project that was incredibly unethical (think google's china search engine-level unethical or worse, like Nokia's building anti-dissident features into their 3g networking for Iran), I attended a company all hands where the entire message from every exec, including those that were involved, was about how we were a force for free speech, freedom, etc. I already knew but it was stark.
They also engage in constant attempts to blur things. Google, in particular, spends a lot of money to help muddy the job-vs-personal waters because it gives them power. For their first decade and a half, at least, they ran the whole company like college - extracurricular activities, etc. This wasn't just because the founders had no professional experience prior, it was strategic to make it very hard for people to leave (and when they started leaving for FB, that was to another place that was similar).
So forget about "trust" - start thinking in terms of "what is this person not saying, what is this person trying to imply without putting it in words, what flexibility are they reserving for themselves with their statements" etc.
I ran into a site that broke because they were using 64b unix nanotime in Javascript and comparing values which were truncated. You see this in js, python, etc. constantly.
I don't need to show you something proven to be better to ask that question unless you have some kind of creationist-like belief that all systems have been discovered and tried.
If anything, from 1970 to late 1997 you did have a few differences - the fraction of scams dumped at inflated valuations on the public markets was a lot lower, and the number of huge company exits was lower - but that's actually more about how the industry was healthier (less bullshit) and smaller (it hadn't grown yet).