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What Marshmallows Tell Us About Silicon Valley
- 16s 13y agoLong article, but worth reading. Interesting take as well. I never thought of the marshmallow test in terms of trusting the reward (more marshmallows) will come, but that makes a lot of sense. I trust they'll bring more, that's why I wait and work hard.
- johnvschmitt 13y agoNice. Along similar lines, I believe that individuals can make decisions that go counter to the incentives provided to them. But, when you take an aggregate of thousands or more of individuals, you can often predict accurately that the aggregate behaviors will align with the incentives in the system. You'll find where there is accountability & consequences & FEEDBACK, then things improve. This article is just one dimension of that larger concept on feedback & incentives.
- Retric 13y agoFEEDBACK is always there it is not always positive. I have had two jobs where I stared out working Stupid hard, never did not get a reasonable pay raise and quickly became unmotivated.
- michaelochurch 13y agoI think this explains a lot about why corporate life (and this includes VC-istan) seems to lead to mediocrity in what is ultimately a trillion-dollar destruction of human capital. When people start to associate work with endless subordination and minuscule reward, they're effectively conditioned for laziness (in the long term). They stop believing that anything is worth waiting more than 10 minutes for.
- lettergram 13y agoGuess that explains why I want to work hard... I want to make my own marshmallows
- michaelochurch 13y agoIt's better to drink milkshakes.
- jejune06 13y agoI think it was an interesting take on the marshmallow test, but these principles don't solely apply to Silicon Valley. Incentives power everything -- good and bad. Looking at the financial crisis of 2009, rent seekers taking advantage of Medicaid, etc. You could come up with a million examples.
- milfot 13y agoParticularly bad.. incentivisation schemes create proxies for success and inevitably get gamed. Why bother with all the hard stuff when you can shortcut your way to success? Good incentives are life really.. look at Maslow's hierarchy of needs. I believe most people work because they have to, but most people who work hard, work hard because they want to. The pay off is growth, progress, self-actualisation. As an aside, this is why I question the whole gamification thing. The best games life-ify the game. Why would you want to remove meaning and complexity from work?
- stevewillows 13y agoThis is an interesting read along with the article [1] where the Google Reader developer suggests that the retirement of Reader will prevent new ideas at Google for fear of the same treatment regardless of the adoption. [1] https://news.ycombinator.com/item?id=5981630 https://news.ycombinator.com/item?id=5981630
- peteratt 13y agoI would add a corollary: the lack of future reward is the root cause of the outright failure of socialism/communism. No matter what you do, in an utopian communism you'd get only what you need. The wealth you could create has no return. Obviously, in the end everyone will be equal, equally improductive. Equally poor.
- PavlovsCat 13y agoWhen was either of those ever implemented? How much do you even know about the theory to start with, if you talk about "utopian communism" as if you read Marx back to back? Or are trigger words like "Stalin" and "East block countries" enough to make you enter and stay in the back of just any old van? I wish people at least spoke for themselves. Because know of a lot of examples where I went above and beyond simply because I felt good about the work and enjoyed finding out about and increasing my potential. I can work hard in a cancer ward for lodging and meals and love it; but you could hardly pay me enough to sell people something they don't need, or that actually hurts them. I know I'm not alone with that either, I am in awesome, priceless company. Ever watched horses in the wild? Or dogs play? They exert themselves because they can. Those who need to be forced or tricked are sick. Then there is also this: "The trouble with the rat race is, even if you win it, you're still a rat." (Lily Tomlin) Capitalism doesn't solve anything, it just shifts the problem out of the range of short-sighted people. Even those often feel it subconsciously, and cannot hide their confusion and despair trickling through the cracks of the facade. This article essentially points out that humans have defensive strategies in situations of uncertainty and distrust. The suggested reaction is not to reflect on what causes them, where they might be justified and where they might not -- but simply assumes as given that "life isn't fair" and that it would help to better deceive people into thinking it was. I'm making another connection to marshmallows here: "white and spineless, without any traces of intellectual honesty". Problem: People don't trust Facebook and are less engaged because they either feel it's just a thinly veiled mechanism to shove them into marketing segements, or because they're uncomfortable with the cooperation with snoops. Solution: PR campaign. Yeah, Facebook is "just a company", and "needs" to make money at whatever cost, so all of this and worse would be to expected in utopian capitalism, but Skinner showed us ways around that. Instead of, you know, having a decent society, this article is about the tools we are supposed to use in broken one. It's sweet, but no thanks, because it just sticks between the teeth and makes you fat. Can't think well with a fat brain.
- pacaro 13y agoThis really resonates with how counter productive the review system is a Microsoft, especially at and above the middle levels, the incentives become decoupled from effort and productivity. When doing good work was reasonably correlated with promotion, stock and pay the system worked. When what was measured became uncertain the system falls apart
- marcosscriven 13y agoI'd love to go back in time and do the experiment on Zuckerburg - I expect he'd have held out for a billion marshmallows.
- ArekDymalski 13y agoNot necessarily. I'd say that the IPO is some form of not delaying the gratification in opposition to slow, organic growth.