4 ms·

How would that even work? If i make a breakthrough technology and make a million dollars, the more intelligent collective intelligence of society can make me i

How would that even work? If i make a breakthrough technology and make a million dollars, the more intelligent collective intelligence of society can make me invest it in dogecoin? On average, the general population is pretty dumb in my opinion. Leaving investment decisions to mob rule/ collectivism is even dumber.

jonathankoren 5y ago
> How would that even work? Taxes and a democracy. Or if you want an even more radical solution, taxes and literally a check to people. >Leaving investment decisions to mob rule/ collectivism is even dumber. I take it you’re not a fan of free markets, and instead throw in with command and control economies.
js8 5y ago
> How would that even work? In my mind, if you want to build a company, you have to invite people to it on equal terms. So from a certain size, I would argue you should only be allowed to create a worker cooperative (all employees as co-owners, one employee one vote) as a company structure. > On average, the general population is pretty dumb in my opinion. Well, in my opinion, "average person is dumb" is a chauvinism for nerds. Being dumb doesn't mean you shouldn't have a seat at the (decision-making) table, just like being black doesn't mean it. Anyway, I get we will disagree, you don't like democracy, and that's fine. China is building a system like that, where the decisions are only made by party members, who are certified to be above-average among the citizenry. Maybe that would suit you better than democracy.
- RhodoGSA 5y ago
  >one employee one vote So, the janitor has as much say as Elon on which rocket architecture they should be pursuing? Which projects to pursue and what timelines they should be pursued on? Sounds like the Janitor is under-qualified to have an opinion in this matter. >you don't like democracy Yup, see the above example for why democracy is a dumb idea. That's why in the US we don't have a democracy, we have a democratic republic. I know I am not qualified to vote on every issue, that's why i elect representatives to make those decisions for me. It's their full time job and is also why America is one of the greatest nations because we don't have a system like China. > Being dumb doesn't mean you shouldn't have a seat at the (decision-making) table Yes - That's exactly what it means. If you are not qualified to answer basic questions on the subject matter you should defer to people who are more versed in the matter than you are. You should have no right to argue on technical matters you don't understand. >China is building a system like that No they're not. They are building a totalitarian dictatorship in the form of an oligarchy. Not everyone is equal. That idea is easily falsifiable. Some people are inherently more intelligent, can contribute effectively (Sometimes having an inordinate impact than their peers)to design issues. one question; Should the sales guy who's brought in $2M in sales this quarter be paid the same as the guy who brought in 50k? Should they both be on equal footing in being able to decide the sales funnel? Should they both be Co-Owners, with no difference between them even though one guy is obviously much better than the other?

jonathankoren 5y ago

> How would that even work? Taxes and a democracy. Or if you want an even more radical solution, taxes and literally a check to people. >Leaving investment decisions to mob rule/ collectivism is even dumber. I take it you’re not a fan of free markets, and instead throw in with command and control economies.

js8 5y ago

> How would that even work? In my mind, if you want to build a company, you have to invite people to it on equal terms. So from a certain size, I would argue you should only be allowed to create a worker cooperative (all employees as co-owners, one employee one vote) as a company structure. > On average, the general population is pretty dumb in my opinion. Well, in my opinion, "average person is dumb" is a chauvinism for nerds. Being dumb doesn't mean you shouldn't have a seat at the (decision-making) table, just like being black doesn't mean it. Anyway, I get we will disagree, you don't like democracy, and that's fine. China is building a system like that, where the decisions are only made by party members, who are certified to be above-average among the citizenry. Maybe that would suit you better than democracy.

RhodoGSA 5y ago
>one employee one vote So, the janitor has as much say as Elon on which rocket architecture they should be pursuing? Which projects to pursue and what timelines they should be pursued on? Sounds like the Janitor is under-qualified to have an opinion in this matter. >you don't like democracy Yup, see the above example for why democracy is a dumb idea. That's why in the US we don't have a democracy, we have a democratic republic. I know I am not qualified to vote on every issue, that's why i elect representatives to make those decisions for me. It's their full time job and is also why America is one of the greatest nations because we don't have a system like China. > Being dumb doesn't mean you shouldn't have a seat at the (decision-making) table Yes - That's exactly what it means. If you are not qualified to answer basic questions on the subject matter you should defer to people who are more versed in the matter than you are. You should have no right to argue on technical matters you don't understand. >China is building a system like that No they're not. They are building a totalitarian dictatorship in the form of an oligarchy. Not everyone is equal. That idea is easily falsifiable. Some people are inherently more intelligent, can contribute effectively (Sometimes having an inordinate impact than their peers)to design issues. one question; Should the sales guy who's brought in $2M in sales this quarter be paid the same as the guy who brought in 50k? Should they both be on equal footing in being able to decide the sales funnel? Should they both be Co-Owners, with no difference between them even though one guy is obviously much better than the other?