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Assuming that they know better than everyone else how they should be spending their money, and that reality is the one wrong because the numbers are too big whe
by Nasrudith 2y ago
Assuming that they know better than everyone else how they should be spending their money, and that reality is the one wrong because the numbers are too big when they are selling to the world? That sort of hubris is exactly why they don't have a world tech industry.
- toomuchtodo 2y ago> That sort of hubris is exactly why they don't have a world tech industry. You make this sound like a bad thing. There are diamonds to be found generating genuine value, but quite a bit of activity is simply low value under the guise of innovation. I would caution against mistaking clarity and understanding for hubris. Europe doesn’t have line go up, but their citizens live better lives by most objective measures. From an optimization and first principles perspective, we should always be mindful of what we are optimizing for, so when I see people come out swinging with “Such profits! Much Tech! Innnnnnnovaaaaaation!” I approach it from a “simmer down now, lets decompose the system and observe” approach. What are the desired outcomes and what is value perspective we can compromise on as “good,” and then work backwards.