You will get laid off but you won't if you create value and you will create value if you don't care about money and it will go recursive but it won't go recursive because there are limits. It won't change anything but it will change everything.
No one knows what he is actually saying (see comments) but at least he managed to compress the entire discourse on AI impact into a blog post.
Geohot is the epitome of someone who thinks because they're exceptionally intelligent and competent in a niche area, they're in a position to confidently explain how the world "really" works, without having to put any effort into actually researching areas outside of their niche.
His blog posts and general opinions voiced in his streams in any other field than what he's working in are so incredibly stupid and put forward with so much misguided confidence that they make me cringe in pain.
Haha that's not what the post (or the post it links to) says. Every CS student should know there's no free lunch in search and optimization. There's tradeoffs between random search, evolutionary algorithms, and convex optimization. https://en.wikipedia.org/wiki/No_free_lunch_in_search_and_op...
There's an AI "smell" to things that are generated. Why is that? Mode collapse is impossible to see from a small number of samples. Are we mode collapsing society? How would we know if we were?
Also, will computers surpass humans has such an implicit bias in it. Have humans surpassed ants? Have ants surpassed rocks? Have jet planes surpassed teletubbies?
It's easy to create value for others and not worry about returns when you have enough money to not worry.
Unfortunately for most people, there's plenty of companies willing to take the returns and leave you paycheck to paycheck. That's literally what they are optimized to do.
I don't even disagree with the ideal, but I think a prerequisite step to this philosophy is UBI.
Geohot is a smart dude. But here I think he misses the forest for the trees.
He has a point, certainly. But while he is harping about the U part of ubi, he's completely ignoring the B part. UBI is meant to provide some basic income so people don't starve. It's just an optimization of welfare programs where you have a ton of bureaucracy and make people jump through endless hoops and cause them endless amounts of stress (which is known to make people work less, not more). And replace it by just giving all citizens the same amount.
Yes, that's a bit stupid for the people first paying taxes and then getting them right back again minus overhead costs, but if you think about it: that's what happens now too, only less efficient (in the netherlands, that is) so you pay even more overhead.
On top of that comes the other realization: If the current trend of automating everything continues,we'll ultimately end up with (hyperbole) 1 person owning all the machines doing all the work. That 1 person earning all the money, and (in an ideal case) paying his taxes to give everybody else welfare. Which just is the same as UBI.
In a certain way this already happens now. Most not-too-smart people that used to be gainfully employed as laborer somewhere are now on welfare, and the threshold for not-too-smart could go up rather steeply with the current AI trends.
>UBI is meant to provide some _basic_ income so people don't starve. It's just an optimization of welfare programs where you have a ton of bureaucracy
That's only one definition of "basic". Based on a hundred+ "UBI" threads on HN expressing different opinions, there's a wide range of what "UBI" means.
The spectrum looks something like this:
from ... <UBI just means re-allocating existing payments of welfare+foodstamps+age65socialsecurity minus wasteful costs government bureaucracies> (no new tax increases necessary)
to ... <UBI is the ideal of "nobody has to work at bullshit jobs anymore and can just pursue artistic pursuits like poetry"> (requires massive tax increases for trillions that's politically unrealistic)
For some, that means that a UBI that only provides enough money for 3 meals a day but one still has to live with 10 other roommates in a tiny communal apartment like Foxconn sweatshops in Asia is not really "basic enough". The so-called "UBI" that's still not enough to buy your own house and car and maybe a new smartphone upgrade every few years isn't the standard that some proponents are wishing for.
The "nobody has to work if they don't want to" would include some highly paid paid coders on HN who are sick and tired of working on JIRA tickets to fix bugs in boring enterprise software. This level of UBI so coders can can quit their soul-crushing white-collar job but still not reduce their standard-of-living too much ... can't be funded by removing all inefficiencies from existing welfare and food stamps payments and redistributing those "government savings" to the white-collar workers.
George Hotz is arguing that the quantity of real products like "eggs" (and by extension, cars, houses, etc) will dynamically respond to the existence UBI. These products will go down in quantity and/or become more expensive which then negates the "basic" in "basic income". The carpenters and factory line workers who previously built houses and cars don't need to work anymore because of UBI which means the supply-and-or-cost of houses and cars changes.
>Yes, that's a bit stupid for the people first paying taxes and then getting them right back again minus overhead costs, but if you think about it: that's what happens now too, only less efficient (in the netherlands, that is) so you pay even more overhead.
I'm not sure this is stupid. I think the people against the negative income tax system are kind of stupid. Like, the best place to apply the welfare rules is where all other complicated rules about income are made: the tax office (IRS). If you decide that for whatever reason you really really want people receiving welfare to be second class citizens, you'd go out of your way and build a separate welfare office, where all the work the tax office is doing gets to be duplicated for no reason other than so you as a working class citizen can pay even more money to be angry at the second class citizens.
Overall, it sounds kind of stupid. You build a bureaucracy that designates people as a special class, so that this special class is difficult to escape from, since if everyone was a continuous recipient of welfare, there would be no second class and "escape" would merely be progression through the simple passage of time.
The dumbest arguments I've seen are extremely cranky and boil down to rich people becoming net beneficiaries of CO2 dividends, because they spent tens of thousands of dollars on EVs, heat pumps, cycling, insulation, solar panels, etc so they can get 100% of an annual 100€ CO2 dividend. Like, giving 100€ to even a single rich person is such a horrific crime, that it's better if everyone else, who actually needs it, should get less than the 100€ even if that reduction will result in hundreds of millions of € being diverted away from people who actually need the money to compensate their CO2 taxes.
Someone needs to make a website explaining why UBI doesn't work conceptually because this comes up over and over again on HN.
You cannot make UBI work from money saved by removing means testing. Even UBI is a welfare scheme and would require significant bureaucratic hoop jumping to check that a person claiming it isn't:
• Dead
• Non-citizen
• Already claiming it under a different name/bank account/etc
• In prison
• Moved abroad
and so on. All that is expensive, and yet the overheads of even existing welfare systems just aren't high compared to the amounts they pay out. Getting rid of means testing doesn't magically make the numbers balance.
Geohot is correct. UBI seems to only appeal to people who don't understand how the economy works. You can't have an economy in which one person earns all the money by definition.
In the UK a lot of that is solved by using the NI number that everyone has to have to work, claim benefits, get a state pension, or pay tax.
For people who are employed it could be done by existing systems already used to calculate tax (which is deducted automatically by employers here so the systems to do calculations exist).
Self-employed people already have to register with HMRC.
For the rest it is a far, far simpler than the requirements of the benefits system and less prone to fraud.
> You cannot make UBI work from money saved by removing means testing.
No one claims it can be made to work using ONLY money saved from means testing. Something like removing means tested benefits together with lowering tax thresholds could work though.
This is a complete non-issue in basically every wealthy country bar potentially the US, all five things you named are already known to the government at all times. They also apply the exact same way to any other scheme, there's nothing new about it.
Quite a few governments have trouble verifying identity reliably. But to the extent they can do it, it's because there are lots of people employed to do so. The UBI thesis outline above is that you can find the money to pay for it by eliminating all those job roles from the government, so you can't use their existence to justify UBI as affordable.
I'll come out and get kicked out of communism club to say that I don't support UBI on the basic fact that money is exchanged for goods and services is just so foundational that I can't support UBI. I think everybody should have a roof over their heads and 3 square meals a day, but UBI isn't the way to get there.
The idea you're suggesting here is 19th century era Marxism, and isn't based on historical or economic realities. There has never been a famine caused by new technologies creating unemployment, and food security is much higher now than at any other time in the past.
Apparently if we, the poorer ones, win the war of attrition, the problematic ones that own everything will resign to golf. Or something. Getting financial planning from a lottery winner.
> I dream of a day when company valuations halve when I create a GitHub repo. Someday.
Isn't that exactly what Anthropic did to the SaaS sector? Taking the "I can replace you with a very small shell script" line from BOFH lore (except that it was a bunch of SKILLS.md files, not shell scripts) and making it real.
I think it’s a bad idea for about the same reasons, but that’s assuming we’re implementing it right now in the current economy. If automation means that in the future there’s not much for all these people to do that creates value then it makes sense.
Which of course ignores the obvious point that UBI is all about taking existing resource redistribution and making it less costly and more efficient. Practically all Western countries redistribute income on a massive scale (compared to the default outcomes of a completely free market capitalism) in order to ensure everyone can provide for their basic needs, and that could all be gradually replaced by UBI.
This is broadly in line with OP's suggested ethic "create value for others, don't play zero sum games" since capitalism is based on rewarding those who create the most value, whereas zero-sum games are largely political in nature.
The inefficiency of the bureaucracy of limiting welfare (or charity) to the poor and needy. I don't know, though, maybe giving everybody's money to everybody cancels itself out.
You're giving money to everybody but then anyone who isn't poor and needy has to pay taxes on their income that more than offset the money. It's taking "the bureaucracy of limiting welfare (or charity)" and folding it in with the IRS and the local Department of Revenue.
> The real problem to UBI is governments creating income via debt, IMO.
The national debt is just a hidden tax on future generations. You're stealing resources from the future (by selling claims to them in advance, that's what national debt is) and spending them in the present. It's justifiable in extreme cases like a war (or perhaps for massive public investments that can't be funded within the existing budget - which is actually not that common), but really not otherwise.
I've often thought of state debt as an accruing tax collection deficit. Selling bonds (creating more of this debt) is more politically convenient than raising taxes but it digs a deeper hole and obliges the state to pay interest largely to the same class of people they have failed to tax.
I feel like government borrowing sometimes and government borrowing more and more every year and never paying it down until the end of time or more likely bankruptcy are two different things
If your business can't self-fund the investment, borrowing is justified. But if you're earning revenue that allows you to self-fund, why borrow? You're just incurring extra costs.
Forget UBI and AI. They are distractions. Today it's very unclear that even just existing welfare schemes are sustainable. Political parties can buy votes with welfare and they do, so it's an unstable configuration. Europe is full of countries with this problem.
A good example of a country in a downward spiral towards UBI hell is the UK. Around 25% of the working-age population now claim to be disabled, and around 10% receive disability benefits. Labour have a genius idea for how to fix this: let disabled people try out employment for a bit to see if they like it, whilst keeping their welfare payments. So they're turning disability benefits into UBI by the back door.
The UK can't afford anything even close to this. It can't even afford the theoretically non-universal benefits schemes it has: it has massive government debt and deficits because its economy doesn't generate enough wealth, and its health welfare system (the NHS) experiences Soviet-style shortages all the time.
This has happened despite that we've been mass automating jobs with computers and robots for decades. Chips aren't magic wands that make communism suddenly work. The problems with wealth redistribution are fundamental and will never go away regardless of your level of technology.
If you disagree, fine, but please for the love of God focus on walking before you can run. Drive government deficits to zero whilst keeping growth at US levels, and then talk about more generous welfare schemes.
(you can't magic new money by eliminating means testing either, see my other comment on this thread).
Money is a social construct, not some kind of physical quantity subject to conservation laws, and can be and is introduced into the economic system all the time. The real question is really would introducing more money or a UBI cause social disruption by e.g. disrupting price signalling by high inflation or changing incentives to work so less goods and services that people actually value are produced.
> The UK can't afford anything even close to this. It can't even afford the theoretically non-universal benefits schemes it has: it has massive government debt and deficits because its economy doesn't generate enough wealth,
I'm fairly certain its economy generates more wealth per capita than at any point in the past, and this is the general consensus. If you believe it doesn't, please explain how, as it goes against the commonly held belief.
I didn't say otherwise. It generates more wealth now than in the past and that is still far from sufficient for its government to afford its current levels of welfare spending.
You did imply it, that in the past the same welfare was affordable that now no longer is, because its economy apparently doesn't generate enough wealth.
Much of that wealth is wasted by excess government spending. Same pattern as India, which actually used to be ruled by the UK as a colony - then they became independent but kept all the excess bureaucracy and red tape from their former oppressors.
Not necessarily UBI; one just needs an adequate day job. Then the hobby could be creating value with no expectation of any direct return: writing a blog, writing and giving away music, writing open-source software, doing any volunteer work, etc.
Did you RTA? The author is predicting that those employees (at least in software dev) will get laid off; so they should get out and find some way to create real value (or make some other change) for their own sake, because they’re about to lose even “paycheck to paycheck”. You should debate this instead, because if true, it makes your point irrelevant.
As long as the global population is still rising, they will be carnage between competitions. The author and many others might be foresee the (near) future where the global population start declining, maybe then, we can do things just because we can.
No matter how much resources a society has, natural selection pushes everyone to keep trying hard to get more, as those that don't end up without resources.
In a society, the fastest way to get resources is to provide something in exchange to other members of the society. The most common thing we have to exchange for resources is work.
From those two things we can see that no matter what society you have or how wealthy it is, people will work as much as they can, or else they get behind in the rat race.
Not just if you already have enough money, but it's easy to say if you're as smart as Geohot. For those who aren't, (I'm not), creating that kind of value isn't just hard, it's impossible!
money is a judgement of value to society and a motivator to only allocate work in a useful way.. wouldn't UBI, even if coupled to actually producing _something_ will lead to a lot of useless stuff being made?
> wouldn't UBI, even if coupled to actually producing _something_ will lead to a lot of useless stuff being made?
The general premise of a UBI is that it's unconditional.
If you tried to say someone is required to produce something without specifying what it is, they'll produce whatever is the easiest thing to produce, which will naturally be useless if they otherwise wouldn't have produced anything because the only reason they're doing it is to satisfy the demand of someone not imposing any specific requirements on the output.
But if it's actually unconditional then the things produced would only be the things someone wants to produce, i.e. the things worth their time to produce when they're not actually required to spend their time producing it. Those things would tend to be useful because at least the author found them to be and there's a decent chance they're not unique in the world. If you e.g. make an app just because you want to use it yourself, maybe someone else wants to use it too.
Would be great if true, but that doesn't really correspond in reality truly, especially in intellectual products. Compare even Linus Torvalds fortune with e.g. snapchat founder. Not even talking about thousands of 0 profit open source projects with millions of installations versus some saas hustler - usually the former provide much more value to society than some guy who is just good at selling stuff.
UBI might fuel some useless work, but it also might provide a way to people to be more into creative side of things rather than selling and marketing rat race.
Also in less developed countries money even less corresponds to value. It almost always has some kind of mafia and corruption that extracts huge portions of value from the economy and basically net negative, though profitable.
I'd like to live in the world where money are always allocated fairly, but we see that in IT, for example, predating, stealing data, spying on people bring more money than the honest work due to misaligned incentives, when bad actors pay more money than actual consumer.
We as a society would profit from not categorizing everything in terms of its usefulness. Things can and should be allowed to just be.
That being said, UBI would probably result in more useful things not less. There are so many cases of jobs and things that seem to just be busywork or outright scams. There are also a lot of things that only appear useful if you never take the time to think about them. A plastic straw that will pollute the environment for thousands of years just so i can have a drink for two minutes? That is useless.
Every street in every city being lined by cars that don't move for 95% of the time? That is useless and insane. Imagine what marvelous machines we could have built instead.
Also, I find the online discussion around UBI to be quite weird. I don't think anyone serious is advocating for it to be particularly high. In my opinion, UBI should cover your necessities plus some so you can participate in society.
This gives everyone the opportunity to take it slow or focus on personal projects without fear. Everything luxurious can not, and should not, be affordable with UBI. This will leave ample opportunity for people to still care about and want to work.
Humans will always do. It is in our nature. But not letting people get homeless or starve to death might enable those of us that don't want to do what our overlords deem useful to do the things our society so desperately needs.
I don't need some poor fool to cook my burger for me. I'd rather take turns with my friends that now have free time.
"Don't worry about money" is something a lot of companies do. They can just try to create value first, then look for profits later (albeit often though "enshitification").
This bias towards creating value makes them more moral than mere mortals, creating huge amounts of innovation and surplus value.
I think there’s a strong bias towards hacking and cool side projects from the hackernews crowd. But I’m not so sure much of the general population would use their free time afforded by UBI for productive and useful endeavors. At least from my observations there’s a significant portion of the population that uses their free time to be idle and veg in front of the TV and/or get wasted. My concern with UBI, even if it was financially tenable as it would underwrite a whole lot of that - including the more criminal, antisocial sub-population.
Wouldn't convincing the criminal part of the population to just stay home be a net win? Policing and prisons are both notably more expensive then welfare.
Even if your goal is to go out and create value for others, your contribution is proportional to what everyone else can offer. If others with AI will deliver that value cheaper, or if what I am good at can be easily automated, it's getting harder and harder to deliver more value than I consume.
Only if you're stuck in the comparison trap. The point isn't to compete about who can offer more value - the point is simply to offer more value (or create more value) than you consume. That's it.
What others do is actually irrelevant to the argument.
If what you are good at can be easily automated... be curious, grow, and get good at other things you can provide more value in. These are usually adjacent to what you're already good at.
Also, the timeline isn't 'the next few years' or 'the past', but 'your entire life.'
> What others do is actually irrelevant to the argument.
If I used to provide some value X in a day, and that was enough to cover my consumption for the day, but now others are providing the same value X in 5 minutes, it will not be enough to cover my consumption for the day anymore
Sure, but we are not talking about evaluating your contributions daily. Over a lifetime, people find new ways to provide more value. Life is long, and that is how adapting works.
We don't all sit at typewriters anymore either, but former typists found other ways to provide value, I'm certain, and didn't just disappear and become homeless (the vast majority of them, anyway).
Once upon a time, we had armies of secretaries that secretly (well, not so secretly) were the backbone of every institution. We don't have that anymore either, since computers replaced many of them.
Computers were originally people. They also got bested by new technology.
None of those people disappeared or became destitute; they adapted, and they found new ways to create more value. (Or, it's possible some ended up working for rent-seeking corporations, which is a different point)
>Sure, but we are not talking about evaluating your contributions daily. Over a lifetime, people find new ways to provide more value. Life is long, and that is how adapting works.
I can't really take that sentiment to my bank when I default on my mortgage while I retrain though. So although you're correct, across a lifetime, this isn't much of an issue, you're minimising people's very real near-term anxieties here.
I'm not being dismissive or trying to minimize anything, I promise. But most people aren't 'losing their jobs to AI' in the short-term as much as you might think. The layoffs have not been due to AI "taking jobs," but due to companies overhiring during the pandemic and finally having an excuse to lay people off, imho.
There is plenty of time to 'retrain.' You could even do it while you currently have a role. Some people won't be able to; I respect that, and those people will still find jobs.
This is certainly not the first 'period of layoffs' to ever occur, and I am not implying people won't face hard times. They may! But that also won't last forever, and when people get laid off they receive unemployment, which helps in the 'not defaulting on your mortgage' thing. Somehow, people (on average) seem to manage not losing their home every time they get laid off.
The idea that our unemployment rate is about to reach 25-50% in the next 3 years is absurd, imho. (I know you didn't say that, and I'm not trying to construct a strawman. I'm just applying numbers to it because 'very real near-term' is not the phrase I'd use for something that is, in my estimation, still half a decade or more away.)
Is it? If "others with AI" deliver what you consume, it should also make it easier to deliver more than you consume because what you consume becomes cheaper.
Maybe a part of the anxiety is the realization that much if what was delivered by well-paid people before AI is actually not something the very same people want to consume?
That’s fine. New opportunities to provide value will emerge. If software becomes oversupplied, fewer people will enter that field and move to other areas where value is needed. If you only want to add value in the software space, then yes, it may be a problem.
If now only everyone who is talented at crafting software (or any other job that might be replaced), but who is out of a job could magically be as talented at something else, and enjoy doing that other work, then we would have no problem. But one issue is, that often significant time goes into becoming good at what one does. Switching has a very high personal cost in terms of time and having no income for a prolonged time.
I produce software too but I starting producing food recently. I feel like it really takes edge off my AI-related anxiety. (I also realize I'm more rural than most of HN).
>> If others with AI will deliver that value cheaper...
That's the most interesting thing - in 99.9% they don't.
All their value is negated by lowering code base quality, pushing slop to prod ("but code reviews..." - don't help sorry, unless you spent a long time getting to understand a problem - simply reading a solution gives only false confidence that you understood it - you didn't, not fully). E.g. see all the outages at amazon, cloudflare, etc.
Quick short term wins lead to big longer term losses - and this is already happening.
The issue is - its basically impossible to make decision makers see this as this requires many years of expertise in tech, and it is very not obvious, and sounds like you just don't want to rely on AI to replace you etc etc.
While selling AI is easy - "look! it did this feature in 5 minutes! so much productivity".
> You have a right to perform your prescribed duty, but you are not entitled to the fruits of action. Never consider yourself the cause of the results of your activities, and never be attached to not doing your duty.
I have a hard time interpreting that as what geohotz is saying. If anything it seems to promote rent seekers by telling you - stick to your lane and don't complain. I.e. the caste system
> If anything it seems to promote rent seekers by telling you - stick to your lane and don't complain. I.e. the caste system
I was wondering if that would come up and HN delivers without fail. Anyway, you are free to interpret it as you see fit.
The guidance was for someone who was struggling with a moral dillema on facing relatives in war and undecided over action. It is not a diktat to work or provide unquestion labor.
For anyone who understood the whole story and backdrop of the situation, a reasonable interpretation is
- you are responsible for your actions but you cannot control the consequences of your actions due to many factors.
- When you detach yourselves from results, you can do your job without anxiety.
- do not let the fear over results be an excuse for inaction.
Give it a read and decide for yourselves if you are not convinced. Even without the teachings part, the whole story of Gita is actually an epic story/novel with some strong and conflicted characters with elaborate back stories.
> You have a right to perform your prescribed duty, but you are not entitled to the fruits of action.
> stick to your lane and don't complain. I.e. the caste system
That verse is quite famous and the general interpretation as I understand is this.
You have control on your actions but not on its results. The results depend not only on your actions but on many other factors outside of your control.
Now, one can interpret that it is instruction to "stay in your lane", but I have not seen that interpretation so far in my life in India.
you realize that the caste system that currently exists is completely different from what it was conceptualized as right? you most certainly want to read the conversation between yudhistra and nahusha that talks about caste https://vedabase.io/en/library/mbk/1/30/
I don't think we actually know who conceptualized the caste system. Even Manusmriti seems to be not as old as we thought before.
However, even in Mahabharatha there are examples of Karna and Ekalavya who despite having qualities (as Yudhishtira claims) of Kshathriya, they were rejected by the society as being lesser.
It is possible that caste system is an extension and crystallization of nepotism. Typically professions and trade secrets are handed down the families and it is conceivable this was codified at some point far in the past.
To claim that caste system has a more philosophical foundation would be a bit of a stretch in my point of view, especially when it has been throughout the history being used suppress.
You need to understand the context. The quote in Gita was to motivate the best warrior of the time at the battlefront facing opponents who were mainly his cousins and uncles.
In that context the quote is about performing the duties you were born to do without overthinking the consequences.
the context makes it even worse. its a strange kind of tribalism that is being promoted here. "do what you are asked to without understanding the real consequences". btw war is actual zero sum usually.
> The trick is not to play zero sum games. This is what I have been saying the whole time. Go create value for others and don’t worry about the returns.
This strategy is highly effective but it's also difficult to tolerate as an ordinary advanced ape. Watching others play less noble games and obtain easier wins can be discouraging over time.
I have found that the less you care about money the easier it is to acquire. Risk aversion, greed and interpersonal drama will kill a good idea way before anything else. I sometimes like to reframe this one as "100% of $0 is still $0".
I care less about receiving the money and more about the implications people have regarding money.
For example, when I'd joined a company I did not get any travel expenses. They expected me to pay the 200 euros a month myself. I'd suggested it and they shrugged it off. The company is now firing people and others are leaving.
The current company just has a default rate of money you get per km. They don't need to, but they know people want this and will ask about it.
Its a small example but it gives you a view of how a company operates
I call this an example of a company putting their money where their mouth is. You can pay lipservice all you want but where will you allocate your (scarce) resource(s)? Resource allocation is a pretty reliable communication channel to discern intent of a company, or a manager.
It’s the same with things like mental health and burnout prevention. You can either have a good work life balance through the year and good management and all that or you can have some consultant come throw a PowerPoint at your peons and a $5 voucher to some BS “health” app and call it a day. One is hard and effective and the other cheap and useless
They keep resources (money) at zero by spending them frequently unless they have something more expensive and more urgent to buy.
They are greedy because they want to pay the same amount (or less if possible) for better units (or upgrade them), which is why technology can be more urgent than creating more units.
They are very risk averse, but don't look like it. The more talented a player is, the more risky some of his decisions or actions may appear, but they're not riskier when you take talent into account. That being said, they do sometimes make very bold moves, even in tournaments, because they think the opponnent is not going to expect it.
> I have found that the less you care about money the easier it is to acquire.
That sounds cool but hasn't been my experience at all. I used to care about money, and used to earn well. These days I care less about money (which I can afford to, precisely because I used to care about money) and earn an order of magnitude less.
> This strategy is highly effective but it's also difficult to tolerate as an ordinary advanced ape. Watching others play less noble games and obtain easier wins can be discouraging over time.
A noble man that spends all his time jealous of the things the men without scruples have is not so much far from doing what they did. It's also what the men that did it before him told themselves "why play the right game if everyone else doesn't".
Disagree. You can still get fucking angry at how they’re capable of fooling others because of the skewed incentives we built in our capitalistic society
Of course you can, you're just way closer to being them. If you're in positions to take decisions that prevent others from doing it, do it without getting mad, actually improve things. If you're not, your getting mad will just make you more likely to join them later on. The cliche version is "hate consumes you".
"Every time a (whaling ship crew, police force, oil executive, etc) gets angry at protestors and sprays them with (water cannons, rubber bullets, lawsuits), they are more likely to join them!"
Just join the right "communities" or else it might have very different results. A toxic community can exploit you (even if you make more value than you consume).
True, creating value isn't sufficient. But if you're creating value, you don't need that community; that community needs you. That doesn't mean it'll be easy to leave nor that you won't lose a lot by doing so, but it's better than being a leech. Leeches can only survive by finding another victim to suck blood from, and at some point that merry-go-round is going to run out of horsies. Pardon the mixed metaphors.
Philosophically, I agree, but in reality there are so many leeches, who take take take, their whole life, and in the end they are often better off, materialistically than the people, who provided the actual value.
Ah but of course leeches are better off materialistically than the people who provide value! It's almost a tautology. But do you think they're happier?
For example geohot could be vastly richer than he is if he wanted to. He wisely chooses not to, and advises others to do the same.
The problem is, it's not. Communities are messy and complicated, and if you take the slightest whiff of toxicity as a sign to leave a community, you're soon going to find yourself without one.
I know, the comment is meant to be ironic, actually. I was part of quite a few, and some rather large ones (~100 people). I don't leave communities easily, but if I decide to do it, I do it for good. However, I'd rather stay there and be myself.
What I found is, when you act yourself and if the community is not for you, the community silently ousts you. Then you can just collect your bag and leave. No drama, no fight.
However, most of the time, you can at least affect some of the people and motivate them to be better. Some bad people don't know that they are bad and have their hearts at the right place, so it's worth digging them up and let them improve by supporting them.
Well, it must all start with a precise definition of "value" first, and then proceed to propose a method of lossless conversion of different kinds of values. Is a bottle of water less valueable in a desert than a luxury sedan?
> The trick is not to play zero sum games. This is what I have been saying the whole time. Go create value for others and don’t worry about the returns. If you create more value than you consume, you are welcome in any well operating community.
Reminds me of Manfred Macx' attitude in the novel Accelerando by Charlie Stross
The whole world is obsessed with openclaw. Some companies are now even evaluating their employees' built agents, the tokens consumed, and the money spent on AI. It's really gotten out of hand.
To refer back to the trite business book section - making something new is a Blue Ocean Strategy approach. Fighting for existing market share is a bloodied Red Ocean approach that Thiel called “competition is for losers”. So both benevolent and be greedy approaches recommend the same. Make a new puddle for everyone to swim in and you can focus on empathy instead of defense.
This is exactly what manipulators/value extractors want you to think.
Case in point: how many here have heard of Mick Ronson?
Few perhaps. However most have heard of David Bowie.
See, Ronson was silently creating value for Bowie. Didn’t even get credited although songs like Life On Mars are what they are thanks to his contribution.
Mick was creating value while everyone one else was getting rich.
> it will continue to improve, but it won’t “go recursive” or whatever the claim is. It’s always been recursive.
I suspect "going recursive" often colloquially means that AI systems achieve their exponential growth without human software engineers in the mix. This is a moment whose sudden apparent nearness does justify some of the ramping rhetoric, in my opinion.
I mean at this point, for that to happen it definitely isn't a matter of intelligence (it can fix errors later and learn from them), it's only a matter of memory and proper harness. Once memory it's solved for good, then recursive self-improvement is inevitable.
Once all the problems are solved we will be there. Sounds a lot like zeno's paradox. We might be closer than ever but still as far from the goal as ever.
There are zero-sum games you can't realistically escape. They're really common. Credentials is a zero-sum game. Political power, influence of all sorts, are zero sum games: if you have more of it, someone else has less. Land ownership is basically zero sum, too.
All of those are only zero-sum if you pick a conserved metric. Land ownership is zero-sum if measured in square meters. But say someone buys up land that is parched, dead, and empty. They use it by planting moisture-retaining crops and windbreaks and growing food, or running a business of benefit to the community. Now overall everyone is a little better off, despite 0 square meters being created.
Influence is even more so -- it's common to have situations where nobody is truly paying attention to anyone else. The people with good ideas can't get any traction, and the whole organization just spins in circles, lurching from one externally-imposed crisis to the next. If the people who gain influence use that influence to promote others who are worth paying attention to (and thus they gain influence), everyone benefits. But if you measure that in terms of how many minutes each person gets to speak at the All Hands, it's zero-sum.
Yes, although we do measure it in square meters (or acres, or tatami mats).
Is there such a thing as "partially zero-sum"? I mean, to express how, unless you get really creative in difficult ways, the supply of land is under pressure due to other people taking all the currently useful parts of it, such as the parts on your island and not underwater.
Yes, but in practice land-ownership is only zero sum in places like Europe where every square-kilometer has 300 years of documented ownership etc, or other high-density areas.
The Asia, Africa & the Americas have so much unused space that isn't as inhospitable as central Australia
I'm saying they're not common. Those games you listed are either negative or positive sum. It's like if you draw a random number from a uniform distribution between [-1,1], you're almost certainly not going to get 0. When people say "zero-sum" they use it as a short-hand for "negative-sum", which is fine for casual speaking I guess, because the intended meaning does get across.
What about the important ones you're not escaping?
To be a bit specific: if you're currently in education, you almost certainly have to play many zero sum games. Yes, education can be a positive thing in itself, but only one of you is going to be best in class. Only a limited number of you will get your papers into that prestigious congress. And while the knowledge may hopefully be useful in itself, the credentials you got in getting it will be less valuable the more people have them.
Then you're off into the housing market. Can more houses be built? Sure. Can we build dikes to claim land from the oceans? Sure. All that is true, but it doesn't help you here and now when you need a place to live - then you're in a game with everyone else who needs a home right now, and if you get one, that's one someone else doesn't get.
Then you have your home, and someone is planning to expand the local almost-unused airport to suddenly take a lot of heavy transport air planes. The noise will impact you a lot. You'd like to influence politics, to call off these plans or at least demand some mitigation, but then you're in a game with others who want to influence politics. Sure, maybe there's a happy compromise to be found, but often there's not. If there isn't, then your ability to put pressure on the decision makers to defend your interests, is going to come at the direct expense of the people wanting an expansion of the airport. Or more likely the other way around.
My point is that yes, it sucks, but often we can't quit the rat race, and often there are conflicts of interest which can't be papered over. It comes off as too easy to, as this author does, say that we can just choose to play different games.
I've always found something profoundly deceiving about all these "just create value posts", as if absolutely everyone could simply by some hard work actually create significant value for others.
The barrier to being able to add any value along the supply chain is shriking daily, meaning that very few people can actually add value.
The people that have managed to get on top of the system by these mean rarely aknowledge that their methods don't scale, which is a terribly irresponsible and ultimately narcissistic way to use their ideological influence.
If you give advice to a group, it should either scale to most of the group or aknowledge up front it's exceptionalistic.
As others have said, it's a very optimistic view that can be infuriating to read when you are struggling to pay your bills.
I'd also argue it's not very effecicient : we are at our best when we have deadlines and clear targets to reach, and making money to pay the bills can be a very motivating one to stop procrastinating !
> we are at our best when we have deadlines and clear targets to reach
I'd argue we are at our best when those deadlines and clear targets are intrinsic rather than extrinsic, and that intrinsic motivation of that sort is actually more efficient than extrinsic, as it keeps you going much longer.
But yes, that's not always possible and depends greatly on your circumstances.
However, it is often much more possible than people allow themselves to think.
I think the author might argue, that simply becoming more efficient at creating a rent-seeking mechanism is not beneficial. No matter how well motivated you are to improve your zero-sum game skills, it's still zero-sum.
All these feel good articles are very ideal in nature, I feel. Not to be the doomsayer, but without a solid backup of resources (be it money, power or some such thing), I find it hard to imagine to be this 'careless' towards returns. World indeed feels like a Red Queen race.
A couple of other people have expressed similar sentiments here, and I think it's the truth. You have to be in a position to give before you can sustain it reliably and/or reap the benefits from it.
Often though, this position is highly subjective and mental in nature. A homeless man could willingly give his food away, and still somehow be fine with that, if he believes that things will be fine regardless somehow (perhaps he has an alternative source of food, or sincerely doesn't think that skipping food once will set him back forever). At the other hand, someone with a difficult and tedious job that pays well may not feel like they have the time or energy to give without necessarily receiving anything in return, even though they may objectively be in a much better overall position for it.
I guess altruism necessarily requires some other essential basic needs to be in abundance first before it can overflow.
1. Build tools/libraries that empower superior execution performance. If you can execute faster than others you have more potential free time than them. This is a form of compound interest. I do this for myself but my output is not exclusive to myself.
2. Be operational. Create products that are always more durable than what is trendy, but when something does break return a resolution as rapidly as possible, provided excellent regression testing. Be constantly healthy, healing once injuries are found, and constantly aware of new injuries.
I find most people cannot do those two things. Most people cannot measure things and a great many people fear novelty.
At the cost of being negative and miserable the whole time? If you integrate over time, being proven right or pleasantly surprised at the end doesn't make up for having been in the red for the duration.
You misunderstood. All geohot is saying is the same thing Scott Galloway constantly says - your job is to create surplus value. Provide more value than you take, over your lifetime, not over any specific one period, either.
The argument is that if you do that, returns will naturally come your way.
The issue is that many people never provide surplus value at all; some can't, and that is obviously completely acceptable (people who are disabled, have medical conditions, or who for some other reason cannot). But those who are able and choose not to provide surplus value are who he's talking about.
You may not agree, and that's okay, but that's the argument.
I wish that argument was trivially true. Yet we see tons of disadvantaged people working the real tough jobs helping the elderly or sick and they are getting precious little in return.
And to a lesser degree, I have been doing nothing but providing value. All my projects are free/libre, yet returns have not come my way at all. In fact people who could make returns come my way, for example by offering me a job that I am clearly well suited for, refuse to take a look at these projects.
Perhaps the argument is also about non-financial returns, and things like friendships, but I don't feel especially well connected either, even though I try to help anyone I can help in the areas I am active in.
I don't think the argument matches reality, unfortunately.
The "real tough jobs" pay little because the marginal job of that kind does not really create that much value. That in turn happens because the most disadvantaged tend to crowd into these jobs, to the neglect of other, more value-creating activities - yet another issue that might be handily addressed by UBI.
Yet these were the "essential workers" during the pandemic. Not the VCs, not the hedge fund managers, not the industrialists or bankers or rich housewives.
And all they got for their efforts were applauds.
Reality is that without their work all our societies would have failed and fallen.
Almost any common folks agrees that for example nurses aren't paid enough.
The real issue is that our "valuation" scheme is controlled by the wealthy not by the people and the only metric is what makes the rich richer.
Phew, I am having a real hard time agreeing with you there. I mean, just imagine what would happen, if those social and tough jobs were not performed by people dedicated specifically to doing those jobs. Then we would all have to take care of our family's elderly and that can easily turn into a full time job itself. Let just one relative have Alzheimers or they for some reason cannot move any longer, or even less drastic conditions, that still require you to watch over them, and you will have all hands full taking care of them. This is the reason, why in many societies we decided to outsource this to people whose sole job it is to take care of other people.
Or take nurses for example. You really think they provide low value? Tell me more, when you are seeing a hospital from the inside at some point. Yet they are not paid much.
That's why I stated that the marginal job is what sets the reward. We actually have a lot more people wanting to do these jobs than we reasonably have a use for. Your mention of hospital nursing is actually a case in point: actual Registered Nurses are quite scarce, often do highly valuable, specialized work, and get paid a lot.
That's not what he's saying. At a company level he's saying that if they make more profit than they add value they have an indefensible business model and will eventually lose to bigger players.
At a personal level you can live your life similarly, add value where you can. You can do that by joining an organization that adds value as well.
couldnt agree more with the author!
just will try "If you create more value than you consume, you are welcome in any well operating community." to be "equal value"
Do you think e.g. the AI/LLM boom is all rent seeking? Do you think there's no positive value for the world on the recently announced e.g. MacBook Neo and that it's purely a monopolistic activity? Those are 2 clear recent examples of big players making massive benefits for the world, and I'm okay if they get X% of that value as company valuation.
Not at all. OpenAI / Anthropic are producing tons of surplus value right now! Not to mention how great the Chinese open source LLMs are. And Apple's hardware division has always been fine.
Apple's 30% tax for payments in apps is the ultimate rent seeking example though. Want to install your own apps, lol you can't. And if big AI companies follow in the steps of Google/Facebook it's bad for everyone. Let's recognize it and prevent it from happening this time.
It's an 8GB RAM 256GB SSD laptop with a lower spec'd 6-core chip for $599 USD. Seems overhyped to me, PCs have done that for a while, just not as elegantly. Admittedly it probably has far better battery life than a PC, so that's a genuine advantage.
In general, it's kind of the difference between having a sharp axe vs a dull axe.
Though in the particular case of the MacBook Neo, I'm not sure whether we're talking about sharper or duller. Depends on the metric you're using, I guess.
The Neo is supposed to be the budget version. I think MacOS is a decent computing platform for some engineering and creative endeavors -- if one more college kid gets access to it for cheaper I say it's a positive
Macbook Neo is just another laptop. There is nothing "massive benefits for the world" in the context you are trying to put it. And doesn't Apple take close to a third in 'rent' for anything on their platform?
The bar isn't massive benefits for the world, the MacBook Neo is great! If there was a new company that builds MacBook Neos, that's a great company. They build something real and sell it for more than it costs to make, no strings attached.
The problem with Apple comes down to the App Store, the forced 30%, and all the apps that just don't get built cause of Apple. This is rent seeking, and this is evil.
If you don't want a MacBook Neo, don't buy one and it doesn't affect your life. But the App Store affects your life whether you own an iPhone or not. It affects the direction of the world. And that's where the rent seeking problem is.
Unlike profit-seeking, which creates value, rent-seeking redistributes existing resources, often through lobbying for subsidies, tariffs, or favorable regulations, causing economic inefficiency and higher prices.
So geohot's argument is that Anthropic, for example, who want to regulate AI (presumably favorably for themselves) are such an example. I don't actually think I agree, but I agree that the behavior looks similar on the surface.
Building tools and services to reduce hassle and friction for others is great. However, what often happens is that you end up creating and building a moat around that hassle. Think about how companies like TurboTax lobby the government to not build electronic tax filing stuff.
Cory Doctorow explains the dynamics well in Enshittification. First they turn against their users, then their business partners, then their employees. The layoffs you are seeing are just stage 3 enshittification. If you work at a company like this, my advice is to quit ASAP. At least then you leave on your own terms.
i'm fairly certain Cory Doctorow does not understand the economics of Enshittification.
companies subsidise their products so that exploration of these products is more feasible due to lower initial costs for the end consumers. the initial consumers don't pay the full price but they are borne by the later consumers once the exploration is done and they have knowledge about that market and business.
Cory Doctorow also probably confuses democratisation and enshittifaction - its usually the case that products get cheaper by also marginally reducing the quality. we get cheap goods from China but that's not enshittification - that's just efficiency. as a consumer I'm happy I have the option of paying low prices for products.
i wouldn't take this person too seriously because it looks like they don't understand the larger picture
What are you talking about. Cory literally coined the term to describe this phenomena. He is not confused by the idea of cheaper products with wider appeal. He takes issue with vendor lock-in that is weaponized first against the end-user, then against paying customers, and finally against investors themselves. This is first and foremost a criticism of online products and platforms, not mass-produced gadgets from China.
"There’s people who built billion dollars companies by orchestrating 37 agents this morning AND YOU JUST SAT THERE AND ATE BREAKFAST LIKE A PLEB!"
In Europe we like to sit there and eat breakfast like a pleb. After enjoying that, we build a million Euros company. Maybe or maybe not. Who cares if the breakfast is good.
The surest recipe to becoming a sucker and being left with nothing is leaving ownership and properly valuing your contributions to chance rather than respecting essential details. Anyone advising others they should just shrug and ignore it is either a moron or trying to play them.
Workers should generally aim to unionize and seek to capture more of their value through worker-owned co-ops.
Most of what's getting "automated" was never really work, it was headcount that existed because nobody had a good reason to cut it yet. AI gave the reason..
Of course, "exposure" and "influence" are mostly zero-sum games of their own. These folks aren't really creating any more value than others, so it makes sense that they aren't 'paid' all that much.
> If you have a job like that, or work at a company like that, the sooner you quit the better your outcome will be.
AI will render your job to be rent seeking. Like self driving cars will automate away truck drivers - do you not think they need to be laid off because of AI?
> Like self driving cars will automate away truck drivers - do you not think they need to be laid off because of AI?
geohot is talking about AI has its limitation and that it won't truly replace the human yet. Truck drivers and some people who contribute net positive value are not rent seekers at the moment.
AI could render our jobs to be rent seeking, we don't know when.
We have unions actively opposing self driving cars mainly to protect their own jobs.
In fact I think it’s much more common for a company to lay off because of real ai impact than anything else
> If you don’t use this new stupid AI thing you will fall behind. If you haven’t totally updated your workflow you are worth 0.
When I see this on any social platform, that is a sign that a VC / investor already invested or likely over-invested in said product and is manipulating emotions to shill their portfolio companies.
This is a tired tactic repeated and recycled tens of thousands of times over and over again and the first sense is to ignore them.
> That said, if you have a job where you create complexity for others, you will be found out. The days of rent seekers are coming to an end. But not because there will be no more rent seeking, it’s because rent seeking is a 0 sum game and you will lose at it to bigger players.
This is why many here are realizing the uncomfortable truth about why complexity over simplicity was celebrated. Of course job security.
But it turns out that the low hanging fruit at those companies that added close to no value LLMs were enough to achieve "AGI" internally; (meaning layoffs in this case).
The jobs of knowledge workers will still be there, but the big money just went into data centers (and not overpaying for more knowledge workers).
> Create value for others and don’t worry about the returns
What counts as a return is quite subjective — it goes beyond money. Respect, happiness, meaning — all of these count.
Given that, if there are no returns at all, I bet that is not a positive-sum game that could last long. Like if you give and create value for others, but the recipient has no respect for you and you receive nothing — it is not meaningful and will not last long. And you'd better walk away and start worrying about the returns.
And to be frank, look at who creates the most value in the world — they also could be the richest. That is no coincidence. Take Elon Musk — tremendous positive-sum deals with people everywhere, and all together, that's what got him to the top.
Kudos to all the entrepreneurs who work hard and create deal opportunities that could make everyone win.
100% agree with geohot's point on creating value for others and playing the positive-sum game. It is the way. Just a small reminder that sometimes we could worry about the return a tiny bit, as we need returns to verify positive-sum value creation and to scale it.
You've constructed a strawman; geohot never argued you shouldn't ever receive returns. He argued you shouldn't worry about them, which is not the same thing. His argument hinges on the idea that creating surplus value will bring you returns, but worrying about what those returns are is pointless; those returns, as you say, could be monetary, happiness, fulfillment, power, etc.
And I would argue Elon (himself) stopped creating surplus value quite some time ago; some of his companies still do (Neuralink, SpaceX) but companies like Tesla and Boring are explicitly rent-seeking at this point. Tesla disrupts traditional, rent-seeking dealership models, but it simultaneously utilizes lobbying to secure favorable policies and economic advantages, with the goal being to block out other upstarts and competitors from competing.
And no, I do not count either the non-working Optimus or robotaxi as 'surplus value.'
>Take Elon Musk — tremendous positive-sum deals with people everywhere, and all together, that's what got him to the top.
Ah yes, "tremendous" positive-sum deals like:
>Musk admitted to his biographer Ashlee Vance that Hyperloop was all about trying to get legislators to cancel plans for high-speed rail in California—even though he had no plans to build it.
> Hyperloop was all about trying to get legislators to cancel plans
Sorry, I don't know the full story behind Hyperloop. But I really doubt he is trying to play a zero-sum or negative-sum game as the article hinted.
Setting aside all the disputes — the deals he made with people are positive-sum. Nobody is forced to buy a Tesla, or invest in, or work for SpaceX.
And in my personal view, all the article brings is deconstructive criticism — which does not fit my tastes. Maybe because I believe the world doesn't owe anyone anything. In fact, to make money, most of the time you have to play a positive-sum game and bring value to others. There is no shame in seeking profit — there is glory in it, if it comes through a positive-sum game.
Those who complain — they can always reject the deal and choose something else. And even better, go offer or support better products in the market and help the best one win.
> In fact, to make money, you have to play a positive-sum game and bring value to others.
That is simply untrue; the opposite is the literal definition of rent-seeking behavior, which produces gobs of money, but provides no (or very little, at best) new value to others.
> the opposite is the literal definition of rent-seeking behavior, which produces gobs of money, but provides no (or very little, at best) new value to others.
Rent-seeking is real, and you're right that it can be very profitable — while creating very little value for others. But even so, it remains the best available option when nobody else steps up to offer something better in free markets.
There are always two sides to any deal — the deal maker and the taker. The more competition on the maker side, the more value the taker can get. And the more takers demand real value, the less room rent-seeking behavior has to survive.
Agreed on all points; and I think that's precisely what this post argues people should do.
> The days of rent seekers are coming to an end. But not because there will be no more rent seeking, it’s because rent seeking is a 0 sum game and you will lose at it to bigger players. If you have a job like that, or work at a company like that, the sooner you quit the better your outcome will be. This is the real driver of the layoffs, the big players consolidating the rent seeking to them.
Great advice if you want to be old and poor. Yes, there's a chance it works out because you're that good, but there's a chance it doesn't. This doesn't mean do the opposite and only worry about your returns, but strike a balance. The world we live in is not in general a bunch of isolated people in a meritocracy, connections and relationships within your workplace play a huge role. Politics exist. I know a lot of asshats that are highly successful even though pretty useless. Don't be that person, but don't be there for everyone and empty handed in the end.
Better advice would be stay hungry, stay curious, keep learning.
To be mean, I’d say no—those zero-sum games are always 'positive' for the players, because the people actually foot pay the bill aren't even at the table.
Come on, we live in a globalized reality. Those insulated by the 'Dollar Illusion' don’t even realize that the true costs are being extracted from the rest of the world. These so-called zero-sum games are nothing but a sophisticated machinery of power, meticulously designed to obfuscate the truth.
But those words are just too cynical; it doesn't really make any sense.
This reads as a typical anti hype article that attracts the people that are fed up with reality. But this framework never works because it's detached from current reality. AI is a big thing and it will eat most jobs weather you call it stupid or you like it.
You will get laid off but you won't if you create value and you will create value if you don't care about money and it will go recursive but it won't go recursive because there are limits. It won't change anything but it will change everything.
No one knows what he is actually saying (see comments) but at least he managed to compress the entire discourse on AI impact into a blog post.
…and a concise one at that. Which is more impressive given the (general) penchant to say less with more.
This is a trap for engineers.
If you don't worry about the returns, you won't get any.
There are circumstances where that is fine. Be sure you're in one of them first.
Geohot is the epitome of someone who thinks because they're exceptionally intelligent and competent in a niche area, they're in a position to confidently explain how the world "really" works, without having to put any effort into actually researching areas outside of their niche.
His blog posts and general opinions voiced in his streams in any other field than what he's working in are so incredibly stupid and put forward with so much misguided confidence that they make me cringe in pain.
He never shook the name "Egohot" from the Playstation days and it's just continually reinforced every time he comes back out of the woodwork.
> Always has been, and if you paid attention in CS class, you know the limits of those things.
I don't remember ever learning a theorem stating that computers cannot surpass humans.
Haha that's not what the post (or the post it links to) says. Every CS student should know there's no free lunch in search and optimization. There's tradeoffs between random search, evolutionary algorithms, and convex optimization. https://en.wikipedia.org/wiki/No_free_lunch_in_search_and_op...
There's an AI "smell" to things that are generated. Why is that? Mode collapse is impossible to see from a small number of samples. Are we mode collapsing society? How would we know if we were?
Also, will computers surpass humans has such an implicit bias in it. Have humans surpassed ants? Have ants surpassed rocks? Have jet planes surpassed teletubbies?
I know for a fact StanleyNickels™ have surpassed, nay, exceeded SchruteBucks™
I remember P vs NP
It's easy to create value for others and not worry about returns when you have enough money to not worry.
Unfortunately for most people, there's plenty of companies willing to take the returns and leave you paycheck to paycheck. That's literally what they are optimized to do.
I don't even disagree with the ideal, but I think a prerequisite step to this philosophy is UBI.
https://geohot.github.io/blog/jekyll/update/2026/02/27/the-i...
from the same author
Geohot is a smart dude. But here I think he misses the forest for the trees.
He has a point, certainly. But while he is harping about the U part of ubi, he's completely ignoring the B part. UBI is meant to provide some basic income so people don't starve. It's just an optimization of welfare programs where you have a ton of bureaucracy and make people jump through endless hoops and cause them endless amounts of stress (which is known to make people work less, not more). And replace it by just giving all citizens the same amount.
Yes, that's a bit stupid for the people first paying taxes and then getting them right back again minus overhead costs, but if you think about it: that's what happens now too, only less efficient (in the netherlands, that is) so you pay even more overhead.
On top of that comes the other realization: If the current trend of automating everything continues,we'll ultimately end up with (hyperbole) 1 person owning all the machines doing all the work. That 1 person earning all the money, and (in an ideal case) paying his taxes to give everybody else welfare. Which just is the same as UBI.
In a certain way this already happens now. Most not-too-smart people that used to be gainfully employed as laborer somewhere are now on welfare, and the threshold for not-too-smart could go up rather steeply with the current AI trends.
>UBI is meant to provide some _basic_ income so people don't starve. It's just an optimization of welfare programs where you have a ton of bureaucracy
That's only one definition of "basic". Based on a hundred+ "UBI" threads on HN expressing different opinions, there's a wide range of what "UBI" means.
The spectrum looks something like this:
from ... <UBI just means re-allocating existing payments of welfare+foodstamps+age65socialsecurity minus wasteful costs government bureaucracies> (no new tax increases necessary)
to ... <UBI is the ideal of "nobody has to work at bullshit jobs anymore and can just pursue artistic pursuits like poetry"> (requires massive tax increases for trillions that's politically unrealistic)
For some, that means that a UBI that only provides enough money for 3 meals a day but one still has to live with 10 other roommates in a tiny communal apartment like Foxconn sweatshops in Asia is not really "basic enough". The so-called "UBI" that's still not enough to buy your own house and car and maybe a new smartphone upgrade every few years isn't the standard that some proponents are wishing for.
The "nobody has to work if they don't want to" would include some highly paid paid coders on HN who are sick and tired of working on JIRA tickets to fix bugs in boring enterprise software. This level of UBI so coders can can quit their soul-crushing white-collar job but still not reduce their standard-of-living too much ... can't be funded by removing all inefficiencies from existing welfare and food stamps payments and redistributing those "government savings" to the white-collar workers.
George Hotz is arguing that the quantity of real products like "eggs" (and by extension, cars, houses, etc) will dynamically respond to the existence UBI. These products will go down in quantity and/or become more expensive which then negates the "basic" in "basic income". The carpenters and factory line workers who previously built houses and cars don't need to work anymore because of UBI which means the supply-and-or-cost of houses and cars changes.
The owners of production paying taxes?! Seems unlikely.
>Yes, that's a bit stupid for the people first paying taxes and then getting them right back again minus overhead costs, but if you think about it: that's what happens now too, only less efficient (in the netherlands, that is) so you pay even more overhead.
I'm not sure this is stupid. I think the people against the negative income tax system are kind of stupid. Like, the best place to apply the welfare rules is where all other complicated rules about income are made: the tax office (IRS). If you decide that for whatever reason you really really want people receiving welfare to be second class citizens, you'd go out of your way and build a separate welfare office, where all the work the tax office is doing gets to be duplicated for no reason other than so you as a working class citizen can pay even more money to be angry at the second class citizens.
Overall, it sounds kind of stupid. You build a bureaucracy that designates people as a special class, so that this special class is difficult to escape from, since if everyone was a continuous recipient of welfare, there would be no second class and "escape" would merely be progression through the simple passage of time.
The dumbest arguments I've seen are extremely cranky and boil down to rich people becoming net beneficiaries of CO2 dividends, because they spent tens of thousands of dollars on EVs, heat pumps, cycling, insulation, solar panels, etc so they can get 100% of an annual 100€ CO2 dividend. Like, giving 100€ to even a single rich person is such a horrific crime, that it's better if everyone else, who actually needs it, should get less than the 100€ even if that reduction will result in hundreds of millions of € being diverted away from people who actually need the money to compensate their CO2 taxes.
Someone needs to make a website explaining why UBI doesn't work conceptually because this comes up over and over again on HN.
You cannot make UBI work from money saved by removing means testing. Even UBI is a welfare scheme and would require significant bureaucratic hoop jumping to check that a person claiming it isn't:
• Dead
• Non-citizen
• Already claiming it under a different name/bank account/etc
• In prison
• Moved abroad
and so on. All that is expensive, and yet the overheads of even existing welfare systems just aren't high compared to the amounts they pay out. Getting rid of means testing doesn't magically make the numbers balance.
Geohot is correct. UBI seems to only appeal to people who don't understand how the economy works. You can't have an economy in which one person earns all the money by definition.
In the UK a lot of that is solved by using the NI number that everyone has to have to work, claim benefits, get a state pension, or pay tax.
For people who are employed it could be done by existing systems already used to calculate tax (which is deducted automatically by employers here so the systems to do calculations exist).
Self-employed people already have to register with HMRC.
For the rest it is a far, far simpler than the requirements of the benefits system and less prone to fraud.
> You cannot make UBI work from money saved by removing means testing.
No one claims it can be made to work using ONLY money saved from means testing. Something like removing means tested benefits together with lowering tax thresholds could work though.
This is a complete non-issue in basically every wealthy country bar potentially the US, all five things you named are already known to the government at all times. They also apply the exact same way to any other scheme, there's nothing new about it.
Quite a few governments have trouble verifying identity reliably. But to the extent they can do it, it's because there are lots of people employed to do so. The UBI thesis outline above is that you can find the money to pay for it by eliminating all those job roles from the government, so you can't use their existence to justify UBI as affordable.
Let's look at other wealthy countries with large economies.
Germany, Japan, UK, France, Italy, Canada, Spain, Australia, South Korea, the Netherlands, Switzerland, Taiwan..
Which of these have trouble verifying identity reliably, to the extent that it would be a meaningful obstacle to UBI?
Except a lot of actual, very smart, economists are for UBI or similar arrangements. And geohot might be smart, but he's just a self described hacker.
If we're going to use authority arguments.
UBI in the form of CO2 dividends works extremely well. Be more creative about the potential applications of the pay out mechanism.
I'll come out and get kicked out of communism club to say that I don't support UBI on the basic fact that money is exchanged for goods and services is just so foundational that I can't support UBI. I think everybody should have a roof over their heads and 3 square meals a day, but UBI isn't the way to get there.
Guess we'll starve then. Good luck dealing with hundreds of millions of hungry angry people.
The idea you're suggesting here is 19th century era Marxism, and isn't based on historical or economic realities. There has never been a famine caused by new technologies creating unemployment, and food security is much higher now than at any other time in the past.
Also: https://geohot.github.io//blog/jekyll/update/2025/02/19/nobo...
Apparently if we, the poorer ones, win the war of attrition, the problematic ones that own everything will resign to golf. Or something. Getting financial planning from a lottery winner.
> I dream of a day when company valuations halve when I create a GitHub repo. Someday.
Isn't that exactly what Anthropic did to the SaaS sector? Taking the "I can replace you with a very small shell script" line from BOFH lore (except that it was a bunch of SKILLS.md files, not shell scripts) and making it real.
Hard to say. SaaS is dead, long live SaaS.
I think it’s a bad idea for about the same reasons, but that’s assuming we’re implementing it right now in the current economy. If automation means that in the future there’s not much for all these people to do that creates value then it makes sense.
Which of course ignores the obvious point that UBI is all about taking existing resource redistribution and making it less costly and more efficient. Practically all Western countries redistribute income on a massive scale (compared to the default outcomes of a completely free market capitalism) in order to ensure everyone can provide for their basic needs, and that could all be gradually replaced by UBI.
This is broadly in line with OP's suggested ethic "create value for others, don't play zero sum games" since capitalism is based on rewarding those who create the most value, whereas zero-sum games are largely political in nature.
The inefficiency of the bureaucracy of limiting welfare (or charity) to the poor and needy. I don't know, though, maybe giving everybody's money to everybody cancels itself out.
You're giving money to everybody but then anyone who isn't poor and needy has to pay taxes on their income that more than offset the money. It's taking "the bureaucracy of limiting welfare (or charity)" and folding it in with the IRS and the local Department of Revenue.
You can never just use existing resources as long as those end up in places they're no longer accessible to the market anymore.
Cash just about never sits just around as long as whoever holds onto it has no current need for extremely liquid assets. Like insurances.
I doubt that the ratio of cash that ends up bound up that way to the one that doesn't changes a lot overall.
The real problem to UBI is governments creating income via debt, IMO.
> The real problem to UBI is governments creating income via debt, IMO.
The national debt is just a hidden tax on future generations. You're stealing resources from the future (by selling claims to them in advance, that's what national debt is) and spending them in the present. It's justifiable in extreme cases like a war (or perhaps for massive public investments that can't be funded within the existing budget - which is actually not that common), but really not otherwise.
It's fine if you're leaving something to those future generations. Like a bridge or a dam built to last 100 years.
I've often thought of state debt as an accruing tax collection deficit. Selling bonds (creating more of this debt) is more politically convenient than raising taxes but it digs a deeper hole and obliges the state to pay interest largely to the same class of people they have failed to tax.
This is like suggesting no business should ever borrow to invest.
I feel like government borrowing sometimes and government borrowing more and more every year and never paying it down until the end of time or more likely bankruptcy are two different things
If your business can't self-fund the investment, borrowing is justified. But if you're earning revenue that allows you to self-fund, why borrow? You're just incurring extra costs.
Forget UBI and AI. They are distractions. Today it's very unclear that even just existing welfare schemes are sustainable. Political parties can buy votes with welfare and they do, so it's an unstable configuration. Europe is full of countries with this problem.
A good example of a country in a downward spiral towards UBI hell is the UK. Around 25% of the working-age population now claim to be disabled, and around 10% receive disability benefits. Labour have a genius idea for how to fix this: let disabled people try out employment for a bit to see if they like it, whilst keeping their welfare payments. So they're turning disability benefits into UBI by the back door.
The UK can't afford anything even close to this. It can't even afford the theoretically non-universal benefits schemes it has: it has massive government debt and deficits because its economy doesn't generate enough wealth, and its health welfare system (the NHS) experiences Soviet-style shortages all the time.
This has happened despite that we've been mass automating jobs with computers and robots for decades. Chips aren't magic wands that make communism suddenly work. The problems with wealth redistribution are fundamental and will never go away regardless of your level of technology.
If you disagree, fine, but please for the love of God focus on walking before you can run. Drive government deficits to zero whilst keeping growth at US levels, and then talk about more generous welfare schemes.
(you can't magic new money by eliminating means testing either, see my other comment on this thread).
Money is a social construct, not some kind of physical quantity subject to conservation laws, and can be and is introduced into the economic system all the time. The real question is really would introducing more money or a UBI cause social disruption by e.g. disrupting price signalling by high inflation or changing incentives to work so less goods and services that people actually value are produced.
> The UK can't afford anything even close to this. It can't even afford the theoretically non-universal benefits schemes it has: it has massive government debt and deficits because its economy doesn't generate enough wealth,
I'm fairly certain its economy generates more wealth per capita than at any point in the past, and this is the general consensus. If you believe it doesn't, please explain how, as it goes against the commonly held belief.
I didn't say otherwise. It generates more wealth now than in the past and that is still far from sufficient for its government to afford its current levels of welfare spending.
You did imply it, that in the past the same welfare was affordable that now no longer is, because its economy apparently doesn't generate enough wealth.
Much of that wealth is wasted by excess government spending. Same pattern as India, which actually used to be ruled by the UK as a colony - then they became independent but kept all the excess bureaucracy and red tape from their former oppressors.
Ah, well... TIL to not take anything geohot writes seriously in the future.
Alternately, he's right and you're wrong.
xkcd://1053
He's a privileged startup founder who has 301k followers on X. Who cares what he thinks about UBI, of all things? Also he looks like an ass.
Not necessarily UBI; one just needs an adequate day job. Then the hobby could be creating value with no expectation of any direct return: writing a blog, writing and giving away music, writing open-source software, doing any volunteer work, etc.
I guess then you disagree with the previous blog post, The Insane Stupidity of UBI, which says free money for all just makes prices go up.
Did you RTA? The author is predicting that those employees (at least in software dev) will get laid off; so they should get out and find some way to create real value (or make some other change) for their own sake, because they’re about to lose even “paycheck to paycheck”. You should debate this instead, because if true, it makes your point irrelevant.
As long as the global population is still rising, they will be carnage between competitions. The author and many others might be foresee the (near) future where the global population start declining, maybe then, we can do things just because we can.
Population growth or size has nothing to do.
No matter how much resources a society has, natural selection pushes everyone to keep trying hard to get more, as those that don't end up without resources.
In a society, the fastest way to get resources is to provide something in exchange to other members of the society. The most common thing we have to exchange for resources is work.
From those two things we can see that no matter what society you have or how wealthy it is, people will work as much as they can, or else they get behind in the rat race.
Not just if you already have enough money, but it's easy to say if you're as smart as Geohot. For those who aren't, (I'm not), creating that kind of value isn't just hard, it's impossible!
Hey, don't dismiss your intelligence like that!
Haha, thanks! I like to think I'm smart (sometimes), just not at Geohot's level.
I see your post as a pretty strong refutation of OP's premise.
Unless for those who can afford not worrying about money, of course.
money is a judgement of value to society and a motivator to only allocate work in a useful way.. wouldn't UBI, even if coupled to actually producing _something_ will lead to a lot of useless stuff being made?
> wouldn't UBI, even if coupled to actually producing _something_ will lead to a lot of useless stuff being made?
The general premise of a UBI is that it's unconditional.
If you tried to say someone is required to produce something without specifying what it is, they'll produce whatever is the easiest thing to produce, which will naturally be useless if they otherwise wouldn't have produced anything because the only reason they're doing it is to satisfy the demand of someone not imposing any specific requirements on the output.
But if it's actually unconditional then the things produced would only be the things someone wants to produce, i.e. the things worth their time to produce when they're not actually required to spend their time producing it. Those things would tend to be useful because at least the author found them to be and there's a decent chance they're not unique in the world. If you e.g. make an app just because you want to use it yourself, maybe someone else wants to use it too.
Would be great if true, but that doesn't really correspond in reality truly, especially in intellectual products. Compare even Linus Torvalds fortune with e.g. snapchat founder. Not even talking about thousands of 0 profit open source projects with millions of installations versus some saas hustler - usually the former provide much more value to society than some guy who is just good at selling stuff.
UBI might fuel some useless work, but it also might provide a way to people to be more into creative side of things rather than selling and marketing rat race.
Also in less developed countries money even less corresponds to value. It almost always has some kind of mafia and corruption that extracts huge portions of value from the economy and basically net negative, though profitable.
I'd like to live in the world where money are always allocated fairly, but we see that in IT, for example, predating, stealing data, spying on people bring more money than the honest work due to misaligned incentives, when bad actors pay more money than actual consumer.
Money is a function of demand, availability and leverage. Value is only an indirect part of it: a factor that drives demand.
It is easy to find examples of money not being a judgement of value in practice: think about thief or extortion for example, or pushing drugs.
We as a society would profit from not categorizing everything in terms of its usefulness. Things can and should be allowed to just be. That being said, UBI would probably result in more useful things not less. There are so many cases of jobs and things that seem to just be busywork or outright scams. There are also a lot of things that only appear useful if you never take the time to think about them. A plastic straw that will pollute the environment for thousands of years just so i can have a drink for two minutes? That is useless. Every street in every city being lined by cars that don't move for 95% of the time? That is useless and insane. Imagine what marvelous machines we could have built instead.
Also, I find the online discussion around UBI to be quite weird. I don't think anyone serious is advocating for it to be particularly high. In my opinion, UBI should cover your necessities plus some so you can participate in society. This gives everyone the opportunity to take it slow or focus on personal projects without fear. Everything luxurious can not, and should not, be affordable with UBI. This will leave ample opportunity for people to still care about and want to work.
Humans will always do. It is in our nature. But not letting people get homeless or starve to death might enable those of us that don't want to do what our overlords deem useful to do the things our society so desperately needs. I don't need some poor fool to cook my burger for me. I'd rather take turns with my friends that now have free time.
While I think you are not wrong, these are excuses to continue doing useless things
What useless things?
Partake in war
War against someone who wants my society eradicated provides a lot of value to my people.
And much more pain, misery and suffering to people who never wished you anything bad but happen to live on the other side.
do you have the intelligence to verify that?
"Don't worry about money" is something a lot of companies do. They can just try to create value first, then look for profits later (albeit often though "enshitification").
This bias towards creating value makes them more moral than mere mortals, creating huge amounts of innovation and surplus value.
I think there’s a strong bias towards hacking and cool side projects from the hackernews crowd. But I’m not so sure much of the general population would use their free time afforded by UBI for productive and useful endeavors. At least from my observations there’s a significant portion of the population that uses their free time to be idle and veg in front of the TV and/or get wasted. My concern with UBI, even if it was financially tenable as it would underwrite a whole lot of that - including the more criminal, antisocial sub-population.
Wouldn't convincing the criminal part of the population to just stay home be a net win? Policing and prisons are both notably more expensive then welfare.
Even if your goal is to go out and create value for others, your contribution is proportional to what everyone else can offer. If others with AI will deliver that value cheaper, or if what I am good at can be easily automated, it's getting harder and harder to deliver more value than I consume.
Only if you're stuck in the comparison trap. The point isn't to compete about who can offer more value - the point is simply to offer more value (or create more value) than you consume. That's it.
What others do is actually irrelevant to the argument.
If what you are good at can be easily automated... be curious, grow, and get good at other things you can provide more value in. These are usually adjacent to what you're already good at.
Also, the timeline isn't 'the next few years' or 'the past', but 'your entire life.'
> What others do is actually irrelevant to the argument.
If I used to provide some value X in a day, and that was enough to cover my consumption for the day, but now others are providing the same value X in 5 minutes, it will not be enough to cover my consumption for the day anymore
Sure, but we are not talking about evaluating your contributions daily. Over a lifetime, people find new ways to provide more value. Life is long, and that is how adapting works.
We don't all sit at typewriters anymore either, but former typists found other ways to provide value, I'm certain, and didn't just disappear and become homeless (the vast majority of them, anyway).
Once upon a time, we had armies of secretaries that secretly (well, not so secretly) were the backbone of every institution. We don't have that anymore either, since computers replaced many of them.
Computers were originally people. They also got bested by new technology.
None of those people disappeared or became destitute; they adapted, and they found new ways to create more value. (Or, it's possible some ended up working for rent-seeking corporations, which is a different point)
>Sure, but we are not talking about evaluating your contributions daily. Over a lifetime, people find new ways to provide more value. Life is long, and that is how adapting works.
I can't really take that sentiment to my bank when I default on my mortgage while I retrain though. So although you're correct, across a lifetime, this isn't much of an issue, you're minimising people's very real near-term anxieties here.
I'm not being dismissive or trying to minimize anything, I promise. But most people aren't 'losing their jobs to AI' in the short-term as much as you might think. The layoffs have not been due to AI "taking jobs," but due to companies overhiring during the pandemic and finally having an excuse to lay people off, imho.
There is plenty of time to 'retrain.' You could even do it while you currently have a role. Some people won't be able to; I respect that, and those people will still find jobs.
This is certainly not the first 'period of layoffs' to ever occur, and I am not implying people won't face hard times. They may! But that also won't last forever, and when people get laid off they receive unemployment, which helps in the 'not defaulting on your mortgage' thing. Somehow, people (on average) seem to manage not losing their home every time they get laid off.
The idea that our unemployment rate is about to reach 25-50% in the next 3 years is absurd, imho. (I know you didn't say that, and I'm not trying to construct a strawman. I'm just applying numbers to it because 'very real near-term' is not the phrase I'd use for something that is, in my estimation, still half a decade or more away.)
Is it? If "others with AI" deliver what you consume, it should also make it easier to deliver more than you consume because what you consume becomes cheaper.
Maybe a part of the anxiety is the realization that much if what was delivered by well-paid people before AI is actually not something the very same people want to consume?
Problem is that "others with AI" aren't producing what I consume, i.e food, heat, clothing, housing and health care.
They're just producing what I produce, i.e software.
That’s fine. New opportunities to provide value will emerge. If software becomes oversupplied, fewer people will enter that field and move to other areas where value is needed. If you only want to add value in the software space, then yes, it may be a problem.
If now only everyone who is talented at crafting software (or any other job that might be replaced), but who is out of a job could magically be as talented at something else, and enjoy doing that other work, then we would have no problem. But one issue is, that often significant time goes into becoming good at what one does. Switching has a very high personal cost in terms of time and having no income for a prolonged time.
I produce software too but I starting producing food recently. I feel like it really takes edge off my AI-related anxiety. (I also realize I'm more rural than most of HN).
>> If others with AI will deliver that value cheaper...
That's the most interesting thing - in 99.9% they don't. All their value is negated by lowering code base quality, pushing slop to prod ("but code reviews..." - don't help sorry, unless you spent a long time getting to understand a problem - simply reading a solution gives only false confidence that you understood it - you didn't, not fully). E.g. see all the outages at amazon, cloudflare, etc.
Quick short term wins lead to big longer term losses - and this is already happening.
The issue is - its basically impossible to make decision makers see this as this requires many years of expertise in tech, and it is very not obvious, and sounds like you just don't want to rely on AI to replace you etc etc.
While selling AI is easy - "look! it did this feature in 5 minutes! so much productivity".
People keep rediscovering the Bhagavad Gita in new ways
https://vedabase.io/en/library/bg/2/47/
> You have a right to perform your prescribed duty, but you are not entitled to the fruits of action. Never consider yourself the cause of the results of your activities, and never be attached to not doing your duty.
I have a hard time interpreting that as what geohotz is saying. If anything it seems to promote rent seekers by telling you - stick to your lane and don't complain. I.e. the caste system
> If anything it seems to promote rent seekers by telling you - stick to your lane and don't complain. I.e. the caste system
I was wondering if that would come up and HN delivers without fail. Anyway, you are free to interpret it as you see fit.
The guidance was for someone who was struggling with a moral dillema on facing relatives in war and undecided over action. It is not a diktat to work or provide unquestion labor.
For anyone who understood the whole story and backdrop of the situation, a reasonable interpretation is
- you are responsible for your actions but you cannot control the consequences of your actions due to many factors.
- When you detach yourselves from results, you can do your job without anxiety.
- do not let the fear over results be an excuse for inaction.
Give it a read and decide for yourselves if you are not convinced. Even without the teachings part, the whole story of Gita is actually an epic story/novel with some strong and conflicted characters with elaborate back stories.
> You have a right to perform your prescribed duty, but you are not entitled to the fruits of action.
> stick to your lane and don't complain. I.e. the caste system
That verse is quite famous and the general interpretation as I understand is this.
You have control on your actions but not on its results. The results depend not only on your actions but on many other factors outside of your control.
Now, one can interpret that it is instruction to "stay in your lane", but I have not seen that interpretation so far in my life in India.
you realize that the caste system that currently exists is completely different from what it was conceptualized as right? you most certainly want to read the conversation between yudhistra and nahusha that talks about caste https://vedabase.io/en/library/mbk/1/30/
I don't think we actually know who conceptualized the caste system. Even Manusmriti seems to be not as old as we thought before.
However, even in Mahabharatha there are examples of Karna and Ekalavya who despite having qualities (as Yudhishtira claims) of Kshathriya, they were rejected by the society as being lesser.
It is possible that caste system is an extension and crystallization of nepotism. Typically professions and trade secrets are handed down the families and it is conceivable this was codified at some point far in the past.
To claim that caste system has a more philosophical foundation would be a bit of a stretch in my point of view, especially when it has been throughout the history being used suppress.
So, "have a go, do you best, shit happens, don't worry about it".
You need to understand the context. The quote in Gita was to motivate the best warrior of the time at the battlefront facing opponents who were mainly his cousins and uncles.
In that context the quote is about performing the duties you were born to do without overthinking the consequences.
the context makes it even worse. its a strange kind of tribalism that is being promoted here. "do what you are asked to without understanding the real consequences". btw war is actual zero sum usually.
War is often times even negative sum game.
Do what you are asked to ≠ Your duty.
Duty of a warrior is to fight for his country/tribe/side. Duty of a king might be to reduce suffering for his subjects.
Historically, no. It's like Tennyson: Theirs not to make reply, Theirs not to reason why, Theirs but to do and die.
the problem is that there's good stuff in here but expressed in such a compressed way that it can be misused and misread.
i completely agree with you and the post you are replying too. both are correct.
> The trick is not to play zero sum games. This is what I have been saying the whole time. Go create value for others and don’t worry about the returns.
This strategy is highly effective but it's also difficult to tolerate as an ordinary advanced ape. Watching others play less noble games and obtain easier wins can be discouraging over time.
I have found that the less you care about money the easier it is to acquire. Risk aversion, greed and interpersonal drama will kill a good idea way before anything else. I sometimes like to reframe this one as "100% of $0 is still $0".
I care less about receiving the money and more about the implications people have regarding money.
For example, when I'd joined a company I did not get any travel expenses. They expected me to pay the 200 euros a month myself. I'd suggested it and they shrugged it off. The company is now firing people and others are leaving.
The current company just has a default rate of money you get per km. They don't need to, but they know people want this and will ask about it.
Its a small example but it gives you a view of how a company operates
I call this an example of a company putting their money where their mouth is. You can pay lipservice all you want but where will you allocate your (scarce) resource(s)? Resource allocation is a pretty reliable communication channel to discern intent of a company, or a manager.
It’s the same with things like mental health and burnout prevention. You can either have a good work life balance through the year and good management and all that or you can have some consultant come throw a PowerPoint at your peons and a $5 voucher to some BS “health” app and call it a day. One is hard and effective and the other cheap and useless
What top players do in Age of Empires II:
They keep resources (money) at zero by spending them frequently unless they have something more expensive and more urgent to buy.
They are greedy because they want to pay the same amount (or less if possible) for better units (or upgrade them), which is why technology can be more urgent than creating more units.
They are very risk averse, but don't look like it. The more talented a player is, the more risky some of his decisions or actions may appear, but they're not riskier when you take talent into account. That being said, they do sometimes make very bold moves, even in tournaments, because they think the opponnent is not going to expect it.
Alright time to go back to being a villager.
I do behave pretty differently in video games where failure doesn’t mean I lose my house or my child goes without medicine
> I have found that the less you care about money the easier it is to acquire.
That sounds cool but hasn't been my experience at all. I used to care about money, and used to earn well. These days I care less about money (which I can afford to, precisely because I used to care about money) and earn an order of magnitude less.
The problem is that you have to acquire money first to care less about it
> This strategy is highly effective but it's also difficult to tolerate as an ordinary advanced ape. Watching others play less noble games and obtain easier wins can be discouraging over time.
A noble man that spends all his time jealous of the things the men without scruples have is not so much far from doing what they did. It's also what the men that did it before him told themselves "why play the right game if everyone else doesn't".
Disagree. You can still get fucking angry at how they’re capable of fooling others because of the skewed incentives we built in our capitalistic society
Of course you can, you're just way closer to being them. If you're in positions to take decisions that prevent others from doing it, do it without getting mad, actually improve things. If you're not, your getting mad will just make you more likely to join them later on. The cliche version is "hate consumes you".
Oh nonsense.
Reverse the argument, does it make any sense?
"Every time a (whaling ship crew, police force, oil executive, etc) gets angry at protestors and sprays them with (water cannons, rubber bullets, lawsuits), they are more likely to join them!"
Just join the right "communities" or else it might have very different results. A toxic community can exploit you (even if you make more value than you consume).
True, creating value isn't sufficient. But if you're creating value, you don't need that community; that community needs you. That doesn't mean it'll be easy to leave nor that you won't lose a lot by doing so, but it's better than being a leech. Leeches can only survive by finding another victim to suck blood from, and at some point that merry-go-round is going to run out of horsies. Pardon the mixed metaphors.
Philosophically, I agree, but in reality there are so many leeches, who take take take, their whole life, and in the end they are often better off, materialistically than the people, who provided the actual value.
Ah but of course leeches are better off materialistically than the people who provide value! It's almost a tautology. But do you think they're happier?
For example geohot could be vastly richer than he is if he wanted to. He wisely chooses not to, and advises others to do the same.
"just"
As you know, you can just just do it. It's just that simple.
Fix: Forgot to add /s switch.
This comment uses conventional commits.
The problem is, it's not. Communities are messy and complicated, and if you take the slightest whiff of toxicity as a sign to leave a community, you're soon going to find yourself without one.
I know, the comment is meant to be ironic, actually. I was part of quite a few, and some rather large ones (~100 people). I don't leave communities easily, but if I decide to do it, I do it for good. However, I'd rather stay there and be myself.
What I found is, when you act yourself and if the community is not for you, the community silently ousts you. Then you can just collect your bag and leave. No drama, no fight.
However, most of the time, you can at least affect some of the people and motivate them to be better. Some bad people don't know that they are bad and have their hearts at the right place, so it's worth digging them up and let them improve by supporting them.
Well, it must all start with a precise definition of "value" first, and then proceed to propose a method of lossless conversion of different kinds of values. Is a bottle of water less valueable in a desert than a luxury sedan?
> The trick is not to play zero sum games. This is what I have been saying the whole time. Go create value for others and don’t worry about the returns. If you create more value than you consume, you are welcome in any well operating community.
Reminds me of Manfred Macx' attitude in the novel Accelerando by Charlie Stross
The whole world is obsessed with openclaw. Some companies are now even evaluating their employees' built agents, the tokens consumed, and the money spent on AI. It's really gotten out of hand.
The whole world ... Some companies ...
What is it, man?
To refer back to the trite business book section - making something new is a Blue Ocean Strategy approach. Fighting for existing market share is a bloodied Red Ocean approach that Thiel called “competition is for losers”. So both benevolent and be greedy approaches recommend the same. Make a new puddle for everyone to swim in and you can focus on empathy instead of defense.
This is exactly what manipulators/value extractors want you to think.
Case in point: how many here have heard of Mick Ronson?
Few perhaps. However most have heard of David Bowie.
See, Ronson was silently creating value for Bowie. Didn’t even get credited although songs like Life On Mars are what they are thanks to his contribution.
Mick was creating value while everyone one else was getting rich.
> it will continue to improve, but it won’t “go recursive” or whatever the claim is. It’s always been recursive.
I suspect "going recursive" often colloquially means that AI systems achieve their exponential growth without human software engineers in the mix. This is a moment whose sudden apparent nearness does justify some of the ramping rhetoric, in my opinion.
I mean at this point, for that to happen it definitely isn't a matter of intelligence (it can fix errors later and learn from them), it's only a matter of memory and proper harness. Once memory it's solved for good, then recursive self-improvement is inevitable.
Once all the problems are solved we will be there. Sounds a lot like zeno's paradox. We might be closer than ever but still as far from the goal as ever.
There are zero-sum games you can't realistically escape. They're really common. Credentials is a zero-sum game. Political power, influence of all sorts, are zero sum games: if you have more of it, someone else has less. Land ownership is basically zero sum, too.
All of those are only zero-sum if you pick a conserved metric. Land ownership is zero-sum if measured in square meters. But say someone buys up land that is parched, dead, and empty. They use it by planting moisture-retaining crops and windbreaks and growing food, or running a business of benefit to the community. Now overall everyone is a little better off, despite 0 square meters being created.
Influence is even more so -- it's common to have situations where nobody is truly paying attention to anyone else. The people with good ideas can't get any traction, and the whole organization just spins in circles, lurching from one externally-imposed crisis to the next. If the people who gain influence use that influence to promote others who are worth paying attention to (and thus they gain influence), everyone benefits. But if you measure that in terms of how many minutes each person gets to speak at the All Hands, it's zero-sum.
Yes, although we do measure it in square meters (or acres, or tatami mats).
Is there such a thing as "partially zero-sum"? I mean, to express how, unless you get really creative in difficult ways, the supply of land is under pressure due to other people taking all the currently useful parts of it, such as the parts on your island and not underwater.
Yes, but in practice land-ownership is only zero sum in places like Europe where every square-kilometer has 300 years of documented ownership etc, or other high-density areas.
The Asia, Africa & the Americas have so much unused space that isn't as inhospitable as central Australia
Most games are either negative-sum or positive-sum. Very few are zero-sum.
Well, that's not what I said anyway. I just said that zero sum games are common and there are some important ones you're not escaping.
I'm saying they're not common. Those games you listed are either negative or positive sum. It's like if you draw a random number from a uniform distribution between [-1,1], you're almost certainly not going to get 0. When people say "zero-sum" they use it as a short-hand for "negative-sum", which is fine for casual speaking I guess, because the intended meaning does get across.
What about the important ones you're not escaping?
To be a bit specific: if you're currently in education, you almost certainly have to play many zero sum games. Yes, education can be a positive thing in itself, but only one of you is going to be best in class. Only a limited number of you will get your papers into that prestigious congress. And while the knowledge may hopefully be useful in itself, the credentials you got in getting it will be less valuable the more people have them.
Then you're off into the housing market. Can more houses be built? Sure. Can we build dikes to claim land from the oceans? Sure. All that is true, but it doesn't help you here and now when you need a place to live - then you're in a game with everyone else who needs a home right now, and if you get one, that's one someone else doesn't get.
Then you have your home, and someone is planning to expand the local almost-unused airport to suddenly take a lot of heavy transport air planes. The noise will impact you a lot. You'd like to influence politics, to call off these plans or at least demand some mitigation, but then you're in a game with others who want to influence politics. Sure, maybe there's a happy compromise to be found, but often there's not. If there isn't, then your ability to put pressure on the decision makers to defend your interests, is going to come at the direct expense of the people wanting an expansion of the airport. Or more likely the other way around.
My point is that yes, it sucks, but often we can't quit the rat race, and often there are conflicts of interest which can't be papered over. It comes off as too easy to, as this author does, say that we can just choose to play different games.
I feel a strong impulse to conserve all of your matter towards the inside of a locker.
Then there are situations where someone for inexplicable reasons make dickish comments.
Non-attachment to outcomes has always been one of the cornerstones of life.
I've always found something profoundly deceiving about all these "just create value posts", as if absolutely everyone could simply by some hard work actually create significant value for others.
The barrier to being able to add any value along the supply chain is shriking daily, meaning that very few people can actually add value.
The people that have managed to get on top of the system by these mean rarely aknowledge that their methods don't scale, which is a terribly irresponsible and ultimately narcissistic way to use their ideological influence.
If you give advice to a group, it should either scale to most of the group or aknowledge up front it's exceptionalistic.
> That said, if you have a job where you create complexity for others, you will be found out.
Anybody have examples?
As others have said, it's a very optimistic view that can be infuriating to read when you are struggling to pay your bills.
I'd also argue it's not very effecicient : we are at our best when we have deadlines and clear targets to reach, and making money to pay the bills can be a very motivating one to stop procrastinating !
> we are at our best when we have deadlines and clear targets to reach
I'd argue we are at our best when those deadlines and clear targets are intrinsic rather than extrinsic, and that intrinsic motivation of that sort is actually more efficient than extrinsic, as it keeps you going much longer.
But yes, that's not always possible and depends greatly on your circumstances.
However, it is often much more possible than people allow themselves to think.
I think the author might argue, that simply becoming more efficient at creating a rent-seeking mechanism is not beneficial. No matter how well motivated you are to improve your zero-sum game skills, it's still zero-sum.
Or something like that.
All these feel good articles are very ideal in nature, I feel. Not to be the doomsayer, but without a solid backup of resources (be it money, power or some such thing), I find it hard to imagine to be this 'careless' towards returns. World indeed feels like a Red Queen race.
A couple of other people have expressed similar sentiments here, and I think it's the truth. You have to be in a position to give before you can sustain it reliably and/or reap the benefits from it.
Often though, this position is highly subjective and mental in nature. A homeless man could willingly give his food away, and still somehow be fine with that, if he believes that things will be fine regardless somehow (perhaps he has an alternative source of food, or sincerely doesn't think that skipping food once will set him back forever). At the other hand, someone with a difficult and tedious job that pays well may not feel like they have the time or energy to give without necessarily receiving anything in return, even though they may objectively be in a much better overall position for it.
I guess altruism necessarily requires some other essential basic needs to be in abundance first before it can overflow.
That was my contracting philosophy for 15 years.
Create more value than what I cost, otherwise why are you paying me?
Yes, but I make it more precise into two points:
1. Build tools/libraries that empower superior execution performance. If you can execute faster than others you have more potential free time than them. This is a form of compound interest. I do this for myself but my output is not exclusive to myself.
2. Be operational. Create products that are always more durable than what is trendy, but when something does break return a resolution as rapidly as possible, provided excellent regression testing. Be constantly healthy, healing once injuries are found, and constantly aware of new injuries.
I find most people cannot do those two things. Most people cannot measure things and a great many people fear novelty.
It's better to be a happy optimist than a smart pessimist.
Pessimists are still happier in the long run: they are either proved right, or pleasantly surprised.
At the cost of being negative and miserable the whole time? If you integrate over time, being proven right or pleasantly surprised at the end doesn't make up for having been in the red for the duration.
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You misunderstood. All geohot is saying is the same thing Scott Galloway constantly says - your job is to create surplus value. Provide more value than you take, over your lifetime, not over any specific one period, either.
The argument is that if you do that, returns will naturally come your way.
The issue is that many people never provide surplus value at all; some can't, and that is obviously completely acceptable (people who are disabled, have medical conditions, or who for some other reason cannot). But those who are able and choose not to provide surplus value are who he's talking about.
You may not agree, and that's okay, but that's the argument.
I wish that argument was trivially true. Yet we see tons of disadvantaged people working the real tough jobs helping the elderly or sick and they are getting precious little in return.
And to a lesser degree, I have been doing nothing but providing value. All my projects are free/libre, yet returns have not come my way at all. In fact people who could make returns come my way, for example by offering me a job that I am clearly well suited for, refuse to take a look at these projects.
Perhaps the argument is also about non-financial returns, and things like friendships, but I don't feel especially well connected either, even though I try to help anyone I can help in the areas I am active in.
I don't think the argument matches reality, unfortunately.
The "real tough jobs" pay little because the marginal job of that kind does not really create that much value. That in turn happens because the most disadvantaged tend to crowd into these jobs, to the neglect of other, more value-creating activities - yet another issue that might be handily addressed by UBI.
Yet these were the "essential workers" during the pandemic. Not the VCs, not the hedge fund managers, not the industrialists or bankers or rich housewives.
And all they got for their efforts were applauds.
Reality is that without their work all our societies would have failed and fallen.
Almost any common folks agrees that for example nurses aren't paid enough.
The real issue is that our "valuation" scheme is controlled by the wealthy not by the people and the only metric is what makes the rich richer.
Phew, I am having a real hard time agreeing with you there. I mean, just imagine what would happen, if those social and tough jobs were not performed by people dedicated specifically to doing those jobs. Then we would all have to take care of our family's elderly and that can easily turn into a full time job itself. Let just one relative have Alzheimers or they for some reason cannot move any longer, or even less drastic conditions, that still require you to watch over them, and you will have all hands full taking care of them. This is the reason, why in many societies we decided to outsource this to people whose sole job it is to take care of other people.
Or take nurses for example. You really think they provide low value? Tell me more, when you are seeing a hospital from the inside at some point. Yet they are not paid much.
That's why I stated that the marginal job is what sets the reward. We actually have a lot more people wanting to do these jobs than we reasonably have a use for. Your mention of hospital nursing is actually a case in point: actual Registered Nurses are quite scarce, often do highly valuable, specialized work, and get paid a lot.
That's not what he's saying. At a company level he's saying that if they make more profit than they add value they have an indefensible business model and will eventually lose to bigger players.
At a personal level you can live your life similarly, add value where you can. You can do that by joining an organization that adds value as well.
People volunteer e.g. playing games for free, spending considerable time and effort. The point is that the process is enjoyable by itself.
When it starts to feel like work, it starts to feel like needing wages for it.
couldnt agree more with the author! just will try "If you create more value than you consume, you are welcome in any well operating community." to be "equal value"
Can anyone explain the rent seeker paragraph? Which companies are playing 0 sum game and which are not? Are all big players not rent seekers?
Do you think e.g. the AI/LLM boom is all rent seeking? Do you think there's no positive value for the world on the recently announced e.g. MacBook Neo and that it's purely a monopolistic activity? Those are 2 clear recent examples of big players making massive benefits for the world, and I'm okay if they get X% of that value as company valuation.
Not at all. OpenAI / Anthropic are producing tons of surplus value right now! Not to mention how great the Chinese open source LLMs are. And Apple's hardware division has always been fine.
Apple's 30% tax for payments in apps is the ultimate rent seeking example though. Want to install your own apps, lol you can't. And if big AI companies follow in the steps of Google/Facebook it's bad for everyone. Let's recognize it and prevent it from happening this time.
How should we prevent it, considering the huge financial incentives they have to go exactly that?
Wait what's a new laptop doing to push the needle exactly? Genuinely curious
It's an 8GB RAM 256GB SSD laptop with a lower spec'd 6-core chip for $599 USD. Seems overhyped to me, PCs have done that for a while, just not as elegantly. Admittedly it probably has far better battery life than a PC, so that's a genuine advantage.
In general, it's kind of the difference between having a sharp axe vs a dull axe.
Though in the particular case of the MacBook Neo, I'm not sure whether we're talking about sharper or duller. Depends on the metric you're using, I guess.
The Neo is supposed to be the budget version. I think MacOS is a decent computing platform for some engineering and creative endeavors -- if one more college kid gets access to it for cheaper I say it's a positive
Macbook Neo is just another laptop. There is nothing "massive benefits for the world" in the context you are trying to put it. And doesn't Apple take close to a third in 'rent' for anything on their platform?
The bar isn't massive benefits for the world, the MacBook Neo is great! If there was a new company that builds MacBook Neos, that's a great company. They build something real and sell it for more than it costs to make, no strings attached.
The problem with Apple comes down to the App Store, the forced 30%, and all the apps that just don't get built cause of Apple. This is rent seeking, and this is evil.
Here's a good system for evaluating technologies: https://www.ranprieur.com/tech.html
If you don't want a MacBook Neo, don't buy one and it doesn't affect your life. But the App Store affects your life whether you own an iPhone or not. It affects the direction of the world. And that's where the rent seeking problem is.
Unlike profit-seeking, which creates value, rent-seeking redistributes existing resources, often through lobbying for subsidies, tariffs, or favorable regulations, causing economic inefficiency and higher prices.
So geohot's argument is that Anthropic, for example, who want to regulate AI (presumably favorably for themselves) are such an example. I don't actually think I agree, but I agree that the behavior looks similar on the surface.
Building tools and services to reduce hassle and friction for others is great. However, what often happens is that you end up creating and building a moat around that hassle. Think about how companies like TurboTax lobby the government to not build electronic tax filing stuff.
Cory Doctorow explains the dynamics well in Enshittification. First they turn against their users, then their business partners, then their employees. The layoffs you are seeing are just stage 3 enshittification. If you work at a company like this, my advice is to quit ASAP. At least then you leave on your own terms.
TurboTax is a prototypical example of rent-seeking.
i'm fairly certain Cory Doctorow does not understand the economics of Enshittification.
companies subsidise their products so that exploration of these products is more feasible due to lower initial costs for the end consumers. the initial consumers don't pay the full price but they are borne by the later consumers once the exploration is done and they have knowledge about that market and business.
Cory Doctorow also probably confuses democratisation and enshittifaction - its usually the case that products get cheaper by also marginally reducing the quality. we get cheap goods from China but that's not enshittification - that's just efficiency. as a consumer I'm happy I have the option of paying low prices for products.
i wouldn't take this person too seriously because it looks like they don't understand the larger picture
What are you talking about. Cory literally coined the term to describe this phenomena. He is not confused by the idea of cheaper products with wider appeal. He takes issue with vendor lock-in that is weaponized first against the end-user, then against paying customers, and finally against investors themselves. This is first and foremost a criticism of online products and platforms, not mass-produced gadgets from China.
> Which companies are playing 0 sum game and which are not?
Most of the US ones are. Anthropic is the worst offender.
The Chinese AI model providers like DeepSeek are not.
"There’s people who built billion dollars companies by orchestrating 37 agents this morning AND YOU JUST SAT THERE AND ATE BREAKFAST LIKE A PLEB!"
In Europe we like to sit there and eat breakfast like a pleb. After enjoying that, we build a million Euros company. Maybe or maybe not. Who cares if the breakfast is good.
The surest recipe to becoming a sucker and being left with nothing is leaving ownership and properly valuing your contributions to chance rather than respecting essential details. Anyone advising others they should just shrug and ignore it is either a moron or trying to play them.
Workers should generally aim to unionize and seek to capture more of their value through worker-owned co-ops.
> if you have a job where you create complexity for others, you will be found out
This explains the panic. It describes most roles in big tech.
Most of what's getting "automated" was never really work, it was headcount that existed because nobody had a good reason to cut it yet. AI gave the reason..
The obligatory reality check:
https://theoatmeal.com/comics/exposure
Of course, "exposure" and "influence" are mostly zero-sum games of their own. These folks aren't really creating any more value than others, so it makes sense that they aren't 'paid' all that much.
> They just say it’s AI cause that makes the stock price go up.
slightly naive take when the author recognises that AI will cause productivity increase.
You discarded the context within which he made that statement.
i read this
> If you have a job like that, or work at a company like that, the sooner you quit the better your outcome will be.
AI will render your job to be rent seeking. Like self driving cars will automate away truck drivers - do you not think they need to be laid off because of AI?
> Like self driving cars will automate away truck drivers - do you not think they need to be laid off because of AI?
geohot is talking about AI has its limitation and that it won't truly replace the human yet. Truck drivers and some people who contribute net positive value are not rent seekers at the moment.
AI could render our jobs to be rent seeking, we don't know when.
We have unions actively opposing self driving cars mainly to protect their own jobs. In fact I think it’s much more common for a company to lay off because of real ai impact than anything else
Two things.
> If you don’t use this new stupid AI thing you will fall behind. If you haven’t totally updated your workflow you are worth 0.
When I see this on any social platform, that is a sign that a VC / investor already invested or likely over-invested in said product and is manipulating emotions to shill their portfolio companies.
This is a tired tactic repeated and recycled tens of thousands of times over and over again and the first sense is to ignore them.
> That said, if you have a job where you create complexity for others, you will be found out. The days of rent seekers are coming to an end. But not because there will be no more rent seeking, it’s because rent seeking is a 0 sum game and you will lose at it to bigger players.
This is why many here are realizing the uncomfortable truth about why complexity over simplicity was celebrated. Of course job security.
But it turns out that the low hanging fruit at those companies that added close to no value LLMs were enough to achieve "AGI" internally; (meaning layoffs in this case).
The jobs of knowledge workers will still be there, but the big money just went into data centers (and not overpaying for more knowledge workers).
The truth is in the middle.
> Create value for others and don’t worry about the returns
What counts as a return is quite subjective — it goes beyond money. Respect, happiness, meaning — all of these count.
Given that, if there are no returns at all, I bet that is not a positive-sum game that could last long. Like if you give and create value for others, but the recipient has no respect for you and you receive nothing — it is not meaningful and will not last long. And you'd better walk away and start worrying about the returns.
And to be frank, look at who creates the most value in the world — they also could be the richest. That is no coincidence. Take Elon Musk — tremendous positive-sum deals with people everywhere, and all together, that's what got him to the top.
Kudos to all the entrepreneurs who work hard and create deal opportunities that could make everyone win.
(Added Later :-) )
100% agree with geohot's point on creating value for others and playing the positive-sum game. It is the way. Just a small reminder that sometimes we could worry about the return a tiny bit, as we need returns to verify positive-sum value creation and to scale it.
You've constructed a strawman; geohot never argued you shouldn't ever receive returns. He argued you shouldn't worry about them, which is not the same thing. His argument hinges on the idea that creating surplus value will bring you returns, but worrying about what those returns are is pointless; those returns, as you say, could be monetary, happiness, fulfillment, power, etc.
And I would argue Elon (himself) stopped creating surplus value quite some time ago; some of his companies still do (Neuralink, SpaceX) but companies like Tesla and Boring are explicitly rent-seeking at this point. Tesla disrupts traditional, rent-seeking dealership models, but it simultaneously utilizes lobbying to secure favorable policies and economic advantages, with the goal being to block out other upstarts and competitors from competing.
And no, I do not count either the non-working Optimus or robotaxi as 'surplus value.'
>Take Elon Musk — tremendous positive-sum deals with people everywhere, and all together, that's what got him to the top.
Ah yes, "tremendous" positive-sum deals like:
>Musk admitted to his biographer Ashlee Vance that Hyperloop was all about trying to get legislators to cancel plans for high-speed rail in California—even though he had no plans to build it.
https://time.com/6203815/elon-musk-flaws-billionaire-visions...
> Hyperloop was all about trying to get legislators to cancel plans
Sorry, I don't know the full story behind Hyperloop. But I really doubt he is trying to play a zero-sum or negative-sum game as the article hinted.
Setting aside all the disputes — the deals he made with people are positive-sum. Nobody is forced to buy a Tesla, or invest in, or work for SpaceX.
And in my personal view, all the article brings is deconstructive criticism — which does not fit my tastes. Maybe because I believe the world doesn't owe anyone anything. In fact, to make money, most of the time you have to play a positive-sum game and bring value to others. There is no shame in seeking profit — there is glory in it, if it comes through a positive-sum game.
Those who complain — they can always reject the deal and choose something else. And even better, go offer or support better products in the market and help the best one win.
> In fact, to make money, you have to play a positive-sum game and bring value to others.
That is simply untrue; the opposite is the literal definition of rent-seeking behavior, which produces gobs of money, but provides no (or very little, at best) new value to others.
> That is simply untrue;
Fair point — updated to "most of the time."
> the opposite is the literal definition of rent-seeking behavior, which produces gobs of money, but provides no (or very little, at best) new value to others.
Rent-seeking is real, and you're right that it can be very profitable — while creating very little value for others. But even so, it remains the best available option when nobody else steps up to offer something better in free markets.
There are always two sides to any deal — the deal maker and the taker. The more competition on the maker side, the more value the taker can get. And the more takers demand real value, the less room rent-seeking behavior has to survive.
Agreed on all points; and I think that's precisely what this post argues people should do.
> The days of rent seekers are coming to an end. But not because there will be no more rent seeking, it’s because rent seeking is a 0 sum game and you will lose at it to bigger players. If you have a job like that, or work at a company like that, the sooner you quit the better your outcome will be. This is the real driver of the layoffs, the big players consolidating the rent seeking to them.
When will they learn it’s not about value, but about power and perception of value is just means to that?
Great advice if you want to be old and poor. Yes, there's a chance it works out because you're that good, but there's a chance it doesn't. This doesn't mean do the opposite and only worry about your returns, but strike a balance. The world we live in is not in general a bunch of isolated people in a meritocracy, connections and relationships within your workplace play a huge role. Politics exist. I know a lot of asshats that are highly successful even though pretty useless. Don't be that person, but don't be there for everyone and empty handed in the end.
Better advice would be stay hungry, stay curious, keep learning.
> "The trick is not to play zero sum games."
To be mean, I’d say no—those zero-sum games are always 'positive' for the players, because the people actually foot pay the bill aren't even at the table.
Come on, we live in a globalized reality. Those insulated by the 'Dollar Illusion' don’t even realize that the true costs are being extracted from the rest of the world. These so-called zero-sum games are nothing but a sophisticated machinery of power, meticulously designed to obfuscate the truth.
But those words are just too cynical; it doesn't really make any sense.
This reads as a typical anti hype article that attracts the people that are fed up with reality. But this framework never works because it's detached from current reality. AI is a big thing and it will eat most jobs weather you call it stupid or you like it.
OK, and that reads like hype, and so we have hype and anti-hype. I suppose when they collide they combine in a energy-sucking implosion.
I didn't get a career/skillset for the aesthetics. Sounds like Communism, rabble rabble. Or a cult.
Is this effective_altruism.jpg?