4 ms·

It's the Stagnation Hypothesis. More precisely it is the high level implications of the Stagnation Hypothesis. You won't know it from HN or a survey of typical

It's the Stagnation Hypothesis. More precisely it is the high level implications of the Stagnation Hypothesis. You won't know it from HN or a survey of typical developers but the people who really run Silicon Valley have a set of beliefs about the world which are very different to the people who work for them. Watch this all the way through. https://www.youtube.com/watch?v=NMpmfaE9bII https://www.youtube.com/watch?v=NMpmfaE9bII

morgante 10y ago
I'm not talking about typical developers. Lots of top technology leaders have come out vehemently against Trump, [0] including Sam Altman, who I would definitely include in "the people who really run Silicon Valley." [1] To be clear, I'm not disputing Thiel's politics. I think he's right about a lot of things. They have near-zero overlap with Trump's policies. Trump is easily the least libertarian Republican presidential candidate in recent history. [0] https://shift.newco.co/an-open-letter-from-technology-sector-leaders-on-donald-trumps-candidacy-for-president-5bf734c159e4 https://shift.newco.co/an-open-letter-from-technology-sector... [1] http://blog.samaltman.com/trump http://blog.samaltman.com/trump
- internaut 10y ago
  I believe you're missing a puzzle piece. Take the time out to watch a few of his Youtube videos. They are long and have very low view counts but they're important.
  - morgante 10y ago
    Sorry, but the priors on a random Internet commentator insisting that the only way to understand his farfetched, radical theory is to watch hours of videos are not very positive. It would be helpful if you could provide a rational and concise summary here. I'd genuinely like to learn more.
    - natrius 10y ago
      Short answer: globalization hurts the developed world in the absence of real technological breakthroughs (energy too cheap to meter, something we use a lot gets can now be made for half the price, etc.). A richer world just means more competition for scarce things. The rational policy for a self-interested superpower might be to ease up on globalization.
      - baytrailcat 10y ago
        Thanks. That somewhat makes sense, I think. Kind of ironic though. Most of the underdeveloped world didn't want globalization to begin with!
        deleted 10y ago
        [deleted]
- ScottBurson 10y ago
  Yeah, I'm with you. From the article: A source close to [Thiel] says the investor feels the country needs fixing, and Mr. Trump can do it. The first part I completely get: there are a lot of things that need fixing. It's the second part that has me scraping my jaw off the floor.

morgante 10y ago

I'm not talking about typical developers. Lots of top technology leaders have come out vehemently against Trump, [0] including Sam Altman, who I would definitely include in "the people who really run Silicon Valley." [1] To be clear, I'm not disputing Thiel's politics. I think he's right about a lot of things. They have near-zero overlap with Trump's policies. Trump is easily the least libertarian Republican presidential candidate in recent history. [0] https://shift.newco.co/an-open-letter-from-technology-sector-leaders-on-donald-trumps-candidacy-for-president-5bf734c159e4 https://shift.newco.co/an-open-letter-from-technology-sector... [1] http://blog.samaltman.com/trump http://blog.samaltman.com/trump

internaut 10y ago
I believe you're missing a puzzle piece. Take the time out to watch a few of his Youtube videos. They are long and have very low view counts but they're important.
- morgante 10y ago
  Sorry, but the priors on a random Internet commentator insisting that the only way to understand his farfetched, radical theory is to watch hours of videos are not very positive. It would be helpful if you could provide a rational and concise summary here. I'd genuinely like to learn more.
  - natrius 10y ago
    Short answer: globalization hurts the developed world in the absence of real technological breakthroughs (energy too cheap to meter, something we use a lot gets can now be made for half the price, etc.). A richer world just means more competition for scarce things. The rational policy for a self-interested superpower might be to ease up on globalization.
    - baytrailcat 10y ago
      Thanks. That somewhat makes sense, I think. Kind of ironic though. Most of the underdeveloped world didn't want globalization to begin with!
      - deleted 10y ago
        [deleted]
ScottBurson 10y ago
Yeah, I'm with you. From the article: A source close to [Thiel] says the investor feels the country needs fixing, and Mr. Trump can do it. The first part I completely get: there are a lot of things that need fixing. It's the second part that has me scraping my jaw off the floor.