What Should You Work On?(perell.com)
perell.com
What Should You Work On?
https://perell.com/essay/what-should-you-work-on/
146 comments
> I find this a bit condescending.
Is it?
I moved from ML and Physics research to optimising the sale of imaginary currencies in mobile games, because the pay and stability is so much better.
It's a great shame that academia is terribly paid and an unstable career path in the West.
I'd much rather be working on Fusion research or genetic engineering, but that won't pay the mortgage.
Is it?
I moved from ML and Physics research to optimising the sale of imaginary currencies in mobile games, because the pay and stability is so much better.
It's a great shame that academia is terribly paid and an unstable career path in the West.
I'd much rather be working on Fusion research or genetic engineering, but that won't pay the mortgage.
>> I find this a bit condescending.
>Is it?
Yes, actually. It is.
Personally, I've been reading for 25 years about how "why are people wasting their time on $NICHE instead of contributing to $MAJORPROJECT" -specifically in the open source world. It becomes more and more grating and offensive every year.
If you have the ability to choose what you want to work on, then that is what you ought to work on. If you (generic "you") don't have a choice, then you have to do what you have to do and your limitations ought to not limit those who aren't limited or aren't in your situation.
>Is it?
Yes, actually. It is.
Personally, I've been reading for 25 years about how "why are people wasting their time on $NICHE instead of contributing to $MAJORPROJECT" -specifically in the open source world. It becomes more and more grating and offensive every year.
If you have the ability to choose what you want to work on, then that is what you ought to work on. If you (generic "you") don't have a choice, then you have to do what you have to do and your limitations ought to not limit those who aren't limited or aren't in your situation.
> If you (generic "you") don't have a choice
There’s always a choice
People choose money, comfort or certainty all the time
I don’t think I’ve ever chosen a problem to solve professionally my whole life
And you know what? Given the choice, not sure what I’d pick
There’s always a choice
People choose money, comfort or certainty all the time
I don’t think I’ve ever chosen a problem to solve professionally my whole life
And you know what? Given the choice, not sure what I’d pick
> There's always a choice
Given that you are in a developed country this may seem so of course...for most people they are just trying to survive
https://trendguardian.medium.com/free-will-a-rich-fairy-tale...
Given that you are in a developed country this may seem so of course...for most people they are just trying to survive
https://trendguardian.medium.com/free-will-a-rich-fairy-tale...
>It's a great shame that academia is terribly paid and an unstable career path in the West.
Is it better in the East? No loaded question, I genuinely want to know your answer
Is it better in the East? No loaded question, I genuinely want to know your answer
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If you really seek to contribute can be comforted by knowing that many people would prefer you contributing to bullshit than to advancing the automation that will take their job.
I can't imagine ML research getting paid less than fake currencies in mobile games... I mean unless you're making more than $400k?
Research in Academia... in Europe. I was paid ~30k.
A former housemate is Mexican-American and was looking for a post doc and considering both the US and Mexico. He said salaries in Mexico are like 6,000 usd - not that relevant but just another data point. Presumably this is a liveable wage in that area fwiw (he wound up at a Bay Area university instead)
Especially this first quote:
"People aren’t deliberate enough about choosing what to work on."
Hold up. What is this based on? Is it based on a feeling of the author's inflated sense of worth compared to others? Or is this really some objective and measurable metric?
Is it possible the author doesn't actually know or has taken the effort to deliberate on this statement themselves? Playing devil's advocate with your own ideas is probably the greatest service you can do for yourself but it seems that's not practised here. I can come up with many examples of how people ARE very deliberate in what they work on. Like you said, raising a family, enjoying time outside of work, just straight up trying to survive. These all seem pretty deliberate.
"People aren’t deliberate enough about choosing what to work on."
Hold up. What is this based on? Is it based on a feeling of the author's inflated sense of worth compared to others? Or is this really some objective and measurable metric?
Is it possible the author doesn't actually know or has taken the effort to deliberate on this statement themselves? Playing devil's advocate with your own ideas is probably the greatest service you can do for yourself but it seems that's not practised here. I can come up with many examples of how people ARE very deliberate in what they work on. Like you said, raising a family, enjoying time outside of work, just straight up trying to survive. These all seem pretty deliberate.
> Is it possible the author doesn't actually know
It’s a very HN mindset to reject articles not backed up by objective facts.
This is an inherently subjective post, pointing out the lack of hard data shouldn’t be an indictment of the author’s thesis.
It’s a very HN mindset to reject articles not backed up by objective facts.
This is an inherently subjective post, pointing out the lack of hard data shouldn’t be an indictment of the author’s thesis.
It's also a Maslow's hierarchy of needs sort of thing.
I'm about 33 and finally I feel secure enough to think about things beyond survival.
I'm about 33 and finally I feel secure enough to think about things beyond survival.
This right here.
Depending on how someone’s life goes and the circumstances they were born into they may either start at this point or never get there at all.
The naïveté to different people’s situations is really prevalent here sometimes.
Depending on how someone’s life goes and the circumstances they were born into they may either start at this point or never get there at all.
The naïveté to different people’s situations is really prevalent here sometimes.
Completely agree, Blind has the same mentality
https://www.teamblind.com/post/UyGsEdyC?cid=24327137
https://www.teamblind.com/post/UyGsEdyC?cid=24327137
He is projecting himself. Everything he is saying is a reflection of himself
Oof. Been there, done that.
In my opinion, a major facet of maturity is figuring out that all the negative shit you think about other people is often just the things you don't like about yourself projected onto other people.
In my opinion, a major facet of maturity is figuring out that all the negative shit you think about other people is often just the things you don't like about yourself projected onto other people.
Everyone generalizes from a sample size of one.
Well, at least I do.
Well, at least I do.
Precisely. He likely had a revelation about himself, and writes about it with the language, "people are mostly xyz." What a joke.
Author might be a bit off in the reason but there's a lot of people not working where they'd like because the job market is weird and at one point you need money.
It would make the article at least 10x better if it included a section where the author describes why he isn't following his own advice and writes a weekly newsletter instead.
Strong vibes - https://youtube.com/shorts/2rYV681lSGg?feature=share (Charlie Munger - People on TV selling Books) and all the people selling courses about how to sell courses.
Is it really condescending on it's own? It's not exactly a big secret many of us choose to work on relatively boring and useless things for the sake of comfort. That's more on society for aligning the benefits that way.
Instead of blog posts, people who are advocating for others to work on "more important work" should be spending their time improving various systems to enable people to work on more important work. Universal healthcare, improved child care accessibility, affordable housing, anything you can think of that is an enabler of talent to do more than survive vs thrive (in some quantified effectiveness to cost sequencing). People are just trying to get by because there is no alternative considering resourcing.
Otherwise, these come off as "your risk appetite and budget is too low try harder." The cost of failure is simply too damn high unless you're young and have zero responsibility and obligations or wealthy family/connections to fall back on [1].
(imho it is condescending on its own; treat the root cause, not the symptom, but that's hard and takes years to accomplish with little payoff to the person pontificating, so it's easier to complain on social/public media instead)
[1] https://news.ycombinator.com/item?id=15659076 (credit to u/notacoward)
Otherwise, these come off as "your risk appetite and budget is too low try harder." The cost of failure is simply too damn high unless you're young and have zero responsibility and obligations or wealthy family/connections to fall back on [1].
(imho it is condescending on its own; treat the root cause, not the symptom, but that's hard and takes years to accomplish with little payoff to the person pontificating, so it's easier to complain on social/public media instead)
[1] https://news.ycombinator.com/item?id=15659076 (credit to u/notacoward)
I mean I'm just reading this and thinking of the "I got a PhD in math, now I earn fat cash by.. increasing advertisement clickrates by 0.001%" meme. Wouldn't call consumption increase a net positive in today's society, but you bet I'm not going to fight an uphill battle for lower rewards out of some good will.
It's only placing it in the context (first sentence) where it becomes condescending to me. Like, dude, you joking? Of course I'm thinking of what I'm doing with my life writing boring CRUD code. But it's lucrative.
It's only placing it in the context (first sentence) where it becomes condescending to me. Like, dude, you joking? Of course I'm thinking of what I'm doing with my life writing boring CRUD code. But it's lucrative.
You are acting rationally, I don't blame you. My comment is an indictment of the concept as a whole of the post, in the same way people tell younger cohorts to skip the coffee and avocado toast to afford a house. If you want people to work on more meaningful work, fix the socioeconomics to make that work enticing (which I think we agree on?).
I agree. There needs to be a new mode of work that pays for people to solve all the really difficult problems in the world instead of building widgets. Everyone in the world getting a college degree and working on it would probably still take thousands of years to fix the world. Get started!
should be spending their time improving various systems to enable people to work on more important work. Universal healthcare, improved child care accessibility, affordable housing, anything you can think of that is an enabler of talent to do more than survive vs thrive
exactly that. when i see a call for people to do more important work, this is the kind of stuff i think of. things that society actually needs.
exactly that. when i see a call for people to do more important work, this is the kind of stuff i think of. things that society actually needs.
And unfortunately in North America teachers and nurses are leaving their professions. I don't see any migration of "apparent altruists" like OP filling in those vacancies!
one of the important areas of work is education, and i don't mean STEM, but teaching people how to talk to each other and learn what their community needs, so that they are going to be willing to invest in that area and enable these jobs with actually sufficient pay and acceptable working conditions.
This kind of thinking leads to a dystopian future where all of us are slaves to one giant almighty company. We already got surprisingly close to it with the power Google, Apple, Facebook and Amazon have. Imagine the founders of these companies would have thought like this. How big would Microsoft be today?
Why not build a society where everybody is building their own business, and we connect them all together? Why does Google have to build their own browser? Why does Tesla have to build their own GPUs and Amazon their own datacenters?
Why not build a society where everybody is building their own business, and we connect them all together? Why does Google have to build their own browser? Why does Tesla have to build their own GPUs and Amazon their own datacenters?
> Why not build a society where everybody is building their own business, and we connect them all together?
Because most people are not capable of that, or they would not want to.
> Why does Google have to build their own browser? Why does Tesla have to build their own GPUs and Amazon their own datacenters?
Because only they have sufficient capital and expectation of return and intimate knowledge of the space to scratch their own itch.
Because most people are not capable of that, or they would not want to.
> Why does Google have to build their own browser? Why does Tesla have to build their own GPUs and Amazon their own datacenters?
Because only they have sufficient capital and expectation of return and intimate knowledge of the space to scratch their own itch.
> Why not build a society where everybody is building their own business, and we connect them all together?
Because most people are not capable of that
i find that extremely condescending. some may not want to, fine, but many also live in an environment where building your own business is being discouraged and made difficult. but for most, it is probably just that it takes more effort to build a business than to get a job.
how come that the countries with the most entrepreneurs are all in 2nd or 3rd world countries? uganda having the highest with 28% of the population having their own business.
i very much doubt that capacity has anything to do with it, only willingness and need. many people in uganda probably have their own business because they have no other alternatives. but still, the idea of a society where everyone is building their own business is totally possible. all it takes is the right attitude and willingness.
Because most people are not capable of that
i find that extremely condescending. some may not want to, fine, but many also live in an environment where building your own business is being discouraged and made difficult. but for most, it is probably just that it takes more effort to build a business than to get a job.
how come that the countries with the most entrepreneurs are all in 2nd or 3rd world countries? uganda having the highest with 28% of the population having their own business.
i very much doubt that capacity has anything to do with it, only willingness and need. many people in uganda probably have their own business because they have no other alternatives. but still, the idea of a society where everyone is building their own business is totally possible. all it takes is the right attitude and willingness.
What's the ultimate goal of these companies? Of any company?
I find that it's very difficult to know, truly, what these mega corporations want. What does apple want? For everyone to use apple? Probably not, if this was the case they would be releasing much cheaper products.
So I think companies have a market segment they want to dominate, and of course there are some areas of conflict. Say, twitch is owned by Amazon and Google with YouTube also feels part of that space is owned to them. In this sense, they are no different to another form of social organisation we are fairly acquainted with: empires.
Now, why couldn't everyone just form their own society back in the day and live chill and not submit themselves to the rule of the empire? Well, the answer to that is that if the empire felt you belonged to them then they would simply swallow you.
So, to answer your question, people are building their own businesses but as soon as these become threatening in any way to the empires that rule these lands then these businesses are squashed. But that's exactly what is supposed to happen, if you can't take on the pressure then such is life.
I guess the sad news is that, even today, we still have empires ruling over us. But I would argue that quality of life, inequality, social liberties have all gotten better with every passing empire. What does the future of business look like? I'm not sure.
I find that it's very difficult to know, truly, what these mega corporations want. What does apple want? For everyone to use apple? Probably not, if this was the case they would be releasing much cheaper products.
So I think companies have a market segment they want to dominate, and of course there are some areas of conflict. Say, twitch is owned by Amazon and Google with YouTube also feels part of that space is owned to them. In this sense, they are no different to another form of social organisation we are fairly acquainted with: empires.
Now, why couldn't everyone just form their own society back in the day and live chill and not submit themselves to the rule of the empire? Well, the answer to that is that if the empire felt you belonged to them then they would simply swallow you.
So, to answer your question, people are building their own businesses but as soon as these become threatening in any way to the empires that rule these lands then these businesses are squashed. But that's exactly what is supposed to happen, if you can't take on the pressure then such is life.
I guess the sad news is that, even today, we still have empires ruling over us. But I would argue that quality of life, inequality, social liberties have all gotten better with every passing empire. What does the future of business look like? I'm not sure.
> Why not build a society where everybody is building their own business, and we connect them all together?
How do you achieve anything that requires multiple people to collaborate?
How do you achieve anything that requires multiple people to collaborate?
>Why not build a society where everybody is building their own business, and we connect them all together? Why does Google have to build their own browser? Why does Tesla have to build their own GPUs and Amazon their own datacenters?
Some of us are not interested in having our own business, we just want to enjoy life in other ways such as raising a family, hobbies, relaxing, etc.
Some of us are not interested in having our own business, we just want to enjoy life in other ways such as raising a family, hobbies, relaxing, etc.
I wish I had the ability to work on something that was the slightest bit meaningful. I know I could if I just had the opportunity. But I don't.
If I'd been overcome a compulsion to become a deadbeat when I was 20 years old and my professional career was erased from history, I don't think that reality would be worse than one in which my career existed, not even by the tiniest amount. My entire working life has basically been building nonsense to enable rich people to get even richer with less inconvenience.
It's frustrating because everyone knows it's pointless bullshit. I know it's pointless bullshit. My coworkers know it's pointless bullshit. My boss knows it's pointless bullshit. Everyone is just kinda going through the whole charade because it keeps the paychecks coming.
If I'd been overcome a compulsion to become a deadbeat when I was 20 years old and my professional career was erased from history, I don't think that reality would be worse than one in which my career existed, not even by the tiniest amount. My entire working life has basically been building nonsense to enable rich people to get even richer with less inconvenience.
It's frustrating because everyone knows it's pointless bullshit. I know it's pointless bullshit. My coworkers know it's pointless bullshit. My boss knows it's pointless bullshit. Everyone is just kinda going through the whole charade because it keeps the paychecks coming.
I feel you. The good news is, if you look for it hard enough there are opportunities to make a living while NOT producing pointless/meaningless output. It took me 20+ years to accomplish that, but the reason is somewhat like the author of the post describes (even if this might be projection of his own situation upon others) : we don't try hard enough to use our knowledge, skills and talent productively -- towards improving housing, healthcare, education, charity, energy,... stuff that really matters.
> if you're not building the next big thing, you're not contributing to society.
I think we can all agree that any book written about the Fall of Google is going to focus pretty strongly on their lack of a maintenance culture. Building bridges is great, but if the opening of the bridge was a major event for a town, the subsequent closure of said bridge will be an even bigger event.
When work is going smoothly, the story I'm working on this week is often of a lower priority than the one I worked on two months ago. The major exception being when the current story was blocked by dependencies. A lot of invention comes down to people noticing that ideas have been unblocked. But while the new gadget or surgery can have life altering effects, so can the collapse of infrastructure for food, water, and shelter. Those always need minders or society would unravel.
I think we can all agree that any book written about the Fall of Google is going to focus pretty strongly on their lack of a maintenance culture. Building bridges is great, but if the opening of the bridge was a major event for a town, the subsequent closure of said bridge will be an even bigger event.
When work is going smoothly, the story I'm working on this week is often of a lower priority than the one I worked on two months ago. The major exception being when the current story was blocked by dependencies. A lot of invention comes down to people noticing that ideas have been unblocked. But while the new gadget or surgery can have life altering effects, so can the collapse of infrastructure for food, water, and shelter. Those always need minders or society would unravel.
> Too many people act like entrepreneurship is something everyone has the stomach/personality/capacity for.
Entrepreneurship and making things do not need to be intrinsically linked. It's ok to work on things for the sake of making things. If you release yourself from the impulse of thinking you need to make cash from something, you can often feel more comfortable doing your best work on bigger, harder problems.
This, of course, doesn't work for everybody.
Entrepreneurship and making things do not need to be intrinsically linked. It's ok to work on things for the sake of making things. If you release yourself from the impulse of thinking you need to make cash from something, you can often feel more comfortable doing your best work on bigger, harder problems.
This, of course, doesn't work for everybody.
Also, if everyone would be an entrepreneur, no-one would work together on the same thing, right? So working on _stuff that matters_ does not have to imply being an entrepreneur. It is perfectly fine to leave that to the people who are talented with or have a strong passion for entrepreneurship.
Condescending doesn’t mean inaccurate.
[deleted]
Agreed. People don't have to define themselves and/or their worth by their day job.
Especially when you look at the majority of startups getting funded or posting in "Who's Hiring" and the descriptions of what they do boils down to.. trying to solve some trivial problem.
> We don’t need a 17th bottled water brand at CVS or a 28th CliffBar competitor at Walgreens. We need our best and brightest people working on important problems that wouldn’t be solved otherwise.
This is a fairly common take, but it is wrong in my opinion. I've worked on some fairly difficult engineering problems (related to signal processing) and one of the remarkable things is that multiple people in the room usually have a workable idea about how to approach it. And if you think about the really productive periods of science the number of scientists was very limited. There's no shortage of smart people who want to work on interesting problems.
What there is a shortage of are people with the organizational, and other, less tangible, skills that are needed to bring complex projects to fruition. At a high level, we know things that work for most of the list that Perell provided (energy, education, housing, healthcare, and transportation) and even assuming zero technological progress they could be hugely improved with existing technology, but someone has to figure out how to break the status quo and reach a new equilibrium.
Definitely those are important problems, but just being smart won't solve them. They already attract lots of smart people. You need to bring something else to the table to make progress.
This is a fairly common take, but it is wrong in my opinion. I've worked on some fairly difficult engineering problems (related to signal processing) and one of the remarkable things is that multiple people in the room usually have a workable idea about how to approach it. And if you think about the really productive periods of science the number of scientists was very limited. There's no shortage of smart people who want to work on interesting problems.
What there is a shortage of are people with the organizational, and other, less tangible, skills that are needed to bring complex projects to fruition. At a high level, we know things that work for most of the list that Perell provided (energy, education, housing, healthcare, and transportation) and even assuming zero technological progress they could be hugely improved with existing technology, but someone has to figure out how to break the status quo and reach a new equilibrium.
Definitely those are important problems, but just being smart won't solve them. They already attract lots of smart people. You need to bring something else to the table to make progress.
> What there is a shortage of are people with the organizational, and other, less tangible, skills that are needed to bring complex projects to fruition.
I don’t think that’s the case. In fact, I think we have more capable people than ever before. The problem is that we deny almost everybody such opportunities. Companies are structured too hierarchically.
I don’t think that’s the case. In fact, I think we have more capable people than ever before. The problem is that we deny almost everybody such opportunities. Companies are structured too hierarchically.
You’re arguing for GP’s point, not against it. Companies don’t just wind up being too hierarchically structured to be impactful (assuming that’s a problem). People who lack organizational skills create companies that are too hierarchically structured to be impactful.
GP said projects, not companies. I’d argue the same point for companies though, we have plenty of skilled people, we just enable people with other personality traits to found/rise in leadership.
Or put succinctly, "Ideas are cheap, execution is everything."
If the United States had universal healthcare and education wasn't brutally expensive then more people could justify being entrepreneurial. You can't have society in which almost all wealth flows upwards and normal people are comfortable taking business risk.
Want start-ups? Raise taxes on the wealthiest of us, increase social services and safety nets and access to education. If people feel safe, they'll take more risks. Make it so people don't have to risk their kids' futures on their idea.
Also maybe put some protections in place so massive incumbents can't just stomp potential competitors and squash innovation...
Want start-ups? Raise taxes on the wealthiest of us, increase social services and safety nets and access to education. If people feel safe, they'll take more risks. Make it so people don't have to risk their kids' futures on their idea.
Also maybe put some protections in place so massive incumbents can't just stomp potential competitors and squash innovation...
All of that sounds good in theory and I support these policies, but empirically these policies don't lead to the results you believe that they do. The US is massively more entrepreneurial than any other country, and it has none of these things. The countries that do, are not only significantly less entrepreneurial, but when people are entrepreneurial there are often confounded by those systems.
What seems to empirically be true is that easy access to capital is the primary driver for entrepreneurship, and easy access to capital is mostly enabled by a combination of fiscal policy and wealthy individuals and institutions without better investment opportunities. Easy access to capital is the primary driving force behind entrepreneurship in the West, and particularly in the US, and it seems being the wealthiest country in the world is a huge driver on its own for this.
What seems to empirically be true is that easy access to capital is the primary driver for entrepreneurship, and easy access to capital is mostly enabled by a combination of fiscal policy and wealthy individuals and institutions without better investment opportunities. Easy access to capital is the primary driving force behind entrepreneurship in the West, and particularly in the US, and it seems being the wealthiest country in the world is a huge driver on its own for this.
The US is really a unique case even now - so many factors to consider. If I had to guess I would say that the US leads the entrepreneurial space for many reasons other than healthcare but that does not mean universal healthcare would make it even more entrepreneurial. More than anything, however, I think those social safety nets would encourage people to consider career changes more (like if they are very dissatisfied with their current one) and job movement between existing businesses.
I agree with the take on capital access as the foundation of entrepreneurship, especially its modern, VC-backed incarnation (poor bootstrapped startups, with cards stacked against them - and even if they win - no serious media coverage) ... yet to play a bit of devil's advocate, are wealthy individuals as important in providing the capital?
Surely, by the sheer monetary volume, the fiscal policy component you mention will overshadow any private initiative, and it is this component which makes the US an outstanding location?
If this is true, progressive tax system wouldn't interfere with the entrepreneurship much, while the QE-driven investment continues to work as intended.
Surely, by the sheer monetary volume, the fiscal policy component you mention will overshadow any private initiative, and it is this component which makes the US an outstanding location?
If this is true, progressive tax system wouldn't interfere with the entrepreneurship much, while the QE-driven investment continues to work as intended.
I'm always baffled at people who are both pro-entrepreneurship and anti-universal-healthcare at the same time.
What do they thing is the number one reason most people won't start their own business?
What do they thing is the number one reason most people won't start their own business?
> What do they thing is the number one reason most people won't start their own business?
That's obvious: the number one reason most people won't start their own business is that most new businesses fail. So most people won't try it, since they expect they will fail and don't want to go through trying and failing. Only people who are outliers, often extreme outliers, in their tolerance for failure or their belief that they are exceptional and won't fail (or most likely both) will try it.
That's obvious: the number one reason most people won't start their own business is that most new businesses fail. So most people won't try it, since they expect they will fail and don't want to go through trying and failing. Only people who are outliers, often extreme outliers, in their tolerance for failure or their belief that they are exceptional and won't fail (or most likely both) will try it.
I'm in my late 40s and in the process of starting another company - this is not my first.
My NUMBER ONE CONCERN, and the NUMBER ONE CONCERN for most of the prospective hires I have talked to is healthcare. This has been the experience and NUMBER ONE CONCERN for every other person I know who has started a company, and I know a lot of those people since the experience drives you to know other founders.
You are completely out of touch if you think the the primary issue is that startups fail. Founders as a group are kind of delusional since believing you can beat incumbents, a mostly irrational proposition, selects for that.
My NUMBER ONE CONCERN, and the NUMBER ONE CONCERN for most of the prospective hires I have talked to is healthcare. This has been the experience and NUMBER ONE CONCERN for every other person I know who has started a company, and I know a lot of those people since the experience drives you to know other founders.
You are completely out of touch if you think the the primary issue is that startups fail. Founders as a group are kind of delusional since believing you can beat incumbents, a mostly irrational proposition, selects for that.
Yeah if you made a pie-chart of headaches for small business owners I'm pretty sure like 25-30% of the chart would just be "healthcare" and that'd be the largest single slice. It's kind of a miracle that small businesses do as well as the do in the US, considering how incredibly bad our healthcare system is for them.
Indeed.
A friend recently interviewed at a pretty well funded company started by some ex-bigco executives. It has raised a lot of money and has a pretty substantial team. They are, as far as I can tell, not far from product (trials now) and yet friend, who they really actively recruited, as part of his offer, was told he'd have to buy his own insurance using ACA.
(a) this was very surprising in legal terms, and I still don't quite get it, but (b) the friend absolutely rejected the offer even though he was otherwise very interested. His issue was that he can compromise on comp, he can compromise on location, and so on, but no way in hell was he going to compromise on health insurance. That take is regardless of whether he would, in fact, be compromising.
A friend recently interviewed at a pretty well funded company started by some ex-bigco executives. It has raised a lot of money and has a pretty substantial team. They are, as far as I can tell, not far from product (trials now) and yet friend, who they really actively recruited, as part of his offer, was told he'd have to buy his own insurance using ACA.
(a) this was very surprising in legal terms, and I still don't quite get it, but (b) the friend absolutely rejected the offer even though he was otherwise very interested. His issue was that he can compromise on comp, he can compromise on location, and so on, but no way in hell was he going to compromise on health insurance. That take is regardless of whether he would, in fact, be compromising.
ACA plan quality varies a ton based on where you are, which can make it either an OK option, or something you only use as a last resort and try to get off of ASAP.
In my state, there are zero individual plans offered outside the exchange—you call insurers, you call brokers, they'll all tell you the same thing, that every company is completely out of the individual market here unless they're on the exchange—and most years only two providers offer ACA plans, and 100% of those plans have terrible "networks" (which hospitals/doctors/pharmacies/urgent-cares/testing-facilities accept the insurance, for non-US readers).
It's literally impossible to buy an actually-good individual plan in my state. Even middling employer-offered insurance is usually overall-better than the "platinum" ACA plans. I mean, I assume the very-rich have some concierge-type options that are good, but for normal people, having to buy individual insurance here means definitely having bad insurance, even if you pay a ton.
In my state, there are zero individual plans offered outside the exchange—you call insurers, you call brokers, they'll all tell you the same thing, that every company is completely out of the individual market here unless they're on the exchange—and most years only two providers offer ACA plans, and 100% of those plans have terrible "networks" (which hospitals/doctors/pharmacies/urgent-cares/testing-facilities accept the insurance, for non-US readers).
It's literally impossible to buy an actually-good individual plan in my state. Even middling employer-offered insurance is usually overall-better than the "platinum" ACA plans. I mean, I assume the very-rich have some concierge-type options that are good, but for normal people, having to buy individual insurance here means definitely having bad insurance, even if you pay a ton.
If you wouldn't mind, can you share the state?
I am in CA and I find the plans offered quite OK. They're better than what I've gotten from some employers though much, much worse than what I had most recently. The friend above was in Massachusetts where, I assume, things would be OK, but I didn't check.
I am in CA and I find the plans offered quite OK. They're better than what I've gotten from some employers though much, much worse than what I had most recently. The friend above was in Massachusetts where, I assume, things would be OK, but I didn't check.
Red state in the Midwest that uses the federal exchange. I understand things are much better for ACA plans—both prices and plan quality—in states that have taken healthcare and the ACA seriously (so, mostly blue states) but that's only... like, half of all states, at best. Granted, that's our own stupid state's fault, but still.
Gotcha.
> I'm in my late 40s and in the process of starting another company - this is not my first.
Which means you are not even in the demographic I was referring to. The relevant demographic is people who have not started a business. If those people's primary concern was health care, then, as others have pointed out elsewhere in the comments on this article, in countries that don't have health care coupled to employment, more people would start businesses; but that isn't the case.
Which means you are not even in the demographic I was referring to. The relevant demographic is people who have not started a business. If those people's primary concern was health care, then, as others have pointed out elsewhere in the comments on this article, in countries that don't have health care coupled to employment, more people would start businesses; but that isn't the case.
Have you talked to anyone over the age of say 25 about why they’re not starting a company?
It’s not “it’s hard and I might fail.” I only ever hear: I have loved ones whose health, education, and financial security I can’t put at risk.
This problem exists even if you have complete certainty you’ll succeed, because en route to that certain success, your loved ones are still at immense risk.
It’s not “it’s hard and I might fail.” I only ever hear: I have loved ones whose health, education, and financial security I can’t put at risk.
This problem exists even if you have complete certainty you’ll succeed, because en route to that certain success, your loved ones are still at immense risk.
that doesn't make sense. if there is risk then i can't possibly have complete certainty that i'll succeed.
"i can't put my family at risk" is exactly the same as "i might fail"
"i can't put my family at risk" is exactly the same as "i might fail"
No, it's really not.
If it takes you 5 years to hit your guaranteed $100MM payout, and en route your spouse got hit by a car while you had no insurance and your child had to skip vital years of college because you had no paycheck, then it doesn't actually matter that the $100MM payout came exactly when it was guaranteed to come.
If it takes you 5 years to hit your guaranteed $100MM payout, and en route your spouse got hit by a car while you had no insurance and your child had to skip vital years of college because you had no paycheck, then it doesn't actually matter that the $100MM payout came exactly when it was guaranteed to come.
you are right, i keep forgetting that people in the US don't have affordable healthcare or free quality education.
It’s not even remotely the same.
I might fail to get a hole-in-one at mini golf, but the stakes of trying are pretty much zero.
Anyone who either has no dependents or comes from enough money that it doesn’t matter can’t begin to relate to this.
I might fail to get a hole-in-one at mini golf, but the stakes of trying are pretty much zero.
Anyone who either has no dependents or comes from enough money that it doesn’t matter can’t begin to relate to this.
The stakes of failing at a startup when having no dependands are not "pretty much zero". It sucks to kill yourself for a couple of years and have nothing to show for it, especially if you know that, for all that time, you could've coasted in some job and accumulated a nice sum.
if all you care about is money, sure. but if i hire you i care about your experience, not the money you already accumulated. and if your partner only cares about your money, find a better partner. spending a few years gaining experience instead of earning money is not nothing to show for. on the contrary. it's the more valuable experience for your future. money is not everything.
Most people work for money... And you might be getting more valuable experience in a job than being a generalist who runs the startup (the market doesn't need many people like this).
ok, i see what you are getting at. fear of failure in itself vs actual risk of loosing your savings.
For most people it’s actual risk of rendering your children homeless.
that's pretty much limited to the united states though.
It's really not, I'm not sure why you'd think that.
Even then, I imagine there's a lot of countries in the world where running out of money would mean landing in a safety net that still involves relocating to the the most basic accommodation available that may be neither safe nor close to any friends and/or family.
Even then, I imagine there's a lot of countries in the world where running out of money would mean landing in a safety net that still involves relocating to the the most basic accommodation available that may be neither safe nor close to any friends and/or family.
i can only speak about the countries that i know, but no, generally people are not forced out of their homes into the most basic accommodation available. at worst, they may be asked to move into a smaller apartment in the same area, or rent out some of the rooms to supplement the cost of the rent. they are also not uprooted, because family support and social ties are considered important (and better off relatives can be asked to help). especially when there are children, the social environment must be preserved. uprooting people would be considered inhumane.
also most european cities generally do not have unsafe neighborhoods. that's really an american thing. (and in third world countries who don't have such a safety net anyways)
this needs verification, but i speculate that those countries that actually have a safety net are doing this right, and other countries don't do much at all.
also most european cities generally do not have unsafe neighborhoods. that's really an american thing. (and in third world countries who don't have such a safety net anyways)
this needs verification, but i speculate that those countries that actually have a safety net are doing this right, and other countries don't do much at all.
>What do they thing is the number one reason most people won't start their own business?
Starting a business is hard and confusing and frustrating in countless ways that a person can simply avoid by taking a salaried position.
Starting a business is hard and confusing and frustrating in countless ways that a person can simply avoid by taking a salaried position.
The US is the most "pro-entrepreneurship" country and it doesn't have universal healthcare. European countries have "low levels of entrepreneurship"[1] despite universal healthcare.
[1] https://www.gemconsortium.org/news/Europe%E2%80%99s%20hidden...
[1] https://www.gemconsortium.org/news/Europe%E2%80%99s%20hidden...
"UBI Helps People Be More Productive And Work More, Study Claims"
https://www.econotimes.com/UBI-Helps-People-Be-More-Producti...
"Universal Basic Income does not Reduce Worker Productivity, Study Finds"
https://www.technology.org/2021/01/19/universal-basic-income...
https://www.econotimes.com/UBI-Helps-People-Be-More-Producti...
"Universal Basic Income does not Reduce Worker Productivity, Study Finds"
https://www.technology.org/2021/01/19/universal-basic-income...
> If the United States had universal healthcare and education wasn't brutally expensive then more people could justify being entrepreneurial
Doesn't it strike you as odd then, that US is unique among first-world countries at (1) not having a safety net like universal healthcare and (2) being by far, almost the most entrepreneurial country in the world? (May be behind Israel and/or Singapore, but it's a whole other topic anyway).
I mean, if your assumption was right, then European countries like France or Germany would be homes of Silicon Valley, but it's the other way around.
Doesn't it strike you as odd then, that US is unique among first-world countries at (1) not having a safety net like universal healthcare and (2) being by far, almost the most entrepreneurial country in the world? (May be behind Israel and/or Singapore, but it's a whole other topic anyway).
I mean, if your assumption was right, then European countries like France or Germany would be homes of Silicon Valley, but it's the other way around.
> Doesn't it strike you as odd then
No.
Conditions were right to get us to here. Changing conditions slightly can get us past here.
No one is claiming we should be just like strawman country FOO, which is business-hostile.
No.
Conditions were right to get us to here. Changing conditions slightly can get us past here.
No one is claiming we should be just like strawman country FOO, which is business-hostile.
That is what you think but in the real world it doesn't seem to work. Europe (and other developed countries) have the big social safety net and they're less entrepreneurial.
I'm not sure why, perhaps its the egalitarian nature means no one wants to be richer than anyone else? Or maybe its lack of desperate workers.
I'm not sure why, perhaps its the egalitarian nature means no one wants to be richer than anyone else? Or maybe its lack of desperate workers.
I'm not sure this holds up under close examination; SV is kind of unique in how entrepreneurial it is. But there's also the "angel investor" effects; in Europe far too many wealthy people are content to simply be landlords rather than invest in riskier things like actual businesses.
It's also very hard to generalise across Europe, which has a more diverse set of rules and business cultures than the US does.
But given a magic wand to make changes I would definitely introduce "de minimis" clauses in a whole load of business regulations. The rules for megacorps can afford to be complicated, the rules for small businesses cannot.
It's also very hard to generalise across Europe, which has a more diverse set of rules and business cultures than the US does.
But given a magic wand to make changes I would definitely introduce "de minimis" clauses in a whole load of business regulations. The rules for megacorps can afford to be complicated, the rules for small businesses cannot.
Europe has a huge financial sector in London. They are not just landlords. They aren't lacking money to invest in risky businesses.
My totally off-the-cuff guess is that there is no causal link between social safety nets (like government provided health care) and a lower rate of entrepreneurship.
If there is a correlation, I'm guessing it is that governments that take active responsibility for the wellbeing of their citizens also institute regulations which may make starting businesses more difficult. In other words, active governments are more active in general, not just limited to the safety net.
If there is a correlation, I'm guessing it is that governments that take active responsibility for the wellbeing of their citizens also institute regulations which may make starting businesses more difficult. In other words, active governments are more active in general, not just limited to the safety net.
As a european my answer is that throughout my entire upbringing, I've been taught to aspire to "just landing a job". Only in the second half of my twenties did I discover the "coolness" of being an entrepreneur. I am planning to start my own business soon, but I had to invent the dream myself. My observation is that in American culture, entrepreneurs are much more celebrated as heroes, in contrast to capitalist profiteurs.
Yep, that. In the US, risk-taking, being "the greatest", achieving success etc. are widely held as things to aspire to. I don't think it's great for people's mental health, but it produces a killer economy. Whereas in Europe, when someone thinks or talks like that, it's perceived as a bit off-putting. We're content here with relatively modest lifes and shooting for the stars is seen as foolish.
> Want start-ups? Raise taxes on the wealthiest of us, increase social services and safety nets and access to education. If people feel safe, they'll take more risks. Make it so people don't have to risk their kids' futures on their idea.
Many countries have done this — do you have any examples of one of them becoming more entrepreneurial? Because I don’t think we can just assume it to be true.
Just because people said that was their biggest barrier to starting a business doesn’t make it true. And I say that as someone who generally supports universal healthcare/insurance. People make up tons of reasons for not making a huge change in their life (like founding a company): “if only X then I’d finally do Y”. But if you fix X, they’ll find some new reason that they can’t do it.
Many countries have done this — do you have any examples of one of them becoming more entrepreneurial? Because I don’t think we can just assume it to be true.
Just because people said that was their biggest barrier to starting a business doesn’t make it true. And I say that as someone who generally supports universal healthcare/insurance. People make up tons of reasons for not making a huge change in their life (like founding a company): “if only X then I’d finally do Y”. But if you fix X, they’ll find some new reason that they can’t do it.
I don't have a well researched answer, but I think Israel might be a possibility.
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>Many countries have done this — do you have any examples of one of them becoming more entrepreneurial? Because I don’t think we can just assume it to be true.
Also needed is a consistent explanation that explains all the other countries doing this which have nonetheless failed to become more entrepreneurial.
Also needed is a consistent explanation that explains all the other countries doing this which have nonetheless failed to become more entrepreneurial.
This is flawed because Europe has done this and they aren't anywhere close America's entrepreneurs.
In theory, but you'd need a competent government to make sure they don't create new problems or exacerbate the problem.
Over the last decade, an incredible sum of money has been poured into the homelessness problem. We now have the homeless industrial complex, which feeds the very problem it was supposed to solve. It requires perpetual homelessness in the same way that the military industrial complex requires perpetual war. As a result, we have more homelessness, not less!
Or examine the student loan crisis. Because the government guarantees the loans, loans are made without consideration for whether students will ever be able to repay them. There is no cost benefit analysis or return on investment. It's just take the loan and maybe get a degree, any degree. In addition, the government made it impossible to discharge these loans in bankruptcy. In effect it's a wealth transfer program to college administrators and a big fuck you to taxpayers and vulnerable students. All under the guise of helping people.
Over the last decade, an incredible sum of money has been poured into the homelessness problem. We now have the homeless industrial complex, which feeds the very problem it was supposed to solve. It requires perpetual homelessness in the same way that the military industrial complex requires perpetual war. As a result, we have more homelessness, not less!
Or examine the student loan crisis. Because the government guarantees the loans, loans are made without consideration for whether students will ever be able to repay them. There is no cost benefit analysis or return on investment. It's just take the loan and maybe get a degree, any degree. In addition, the government made it impossible to discharge these loans in bankruptcy. In effect it's a wealth transfer program to college administrators and a big fuck you to taxpayers and vulnerable students. All under the guise of helping people.
Are you really arguing that we shouldn't tax the rich because there's homeless people?
Are you really proposing that we should take even more money out of the productive economy to continue worsening the homeless problem? The money has created an administrative industry that is incentivized toward self preservation and growth. It doesn't decrease the number of homeless or genuinely improve their station. It literally exacerbates the problem.
Which has been the case for at least the last decade when you examine the data and the on ground reality of the situation. All I'm pointing out is that you must repair the government first so it's actually solving problems and not making them worse.
Which has been the case for at least the last decade when you examine the data and the on ground reality of the situation. All I'm pointing out is that you must repair the government first so it's actually solving problems and not making them worse.
If that was the case Europe would have led the world in entrepreneurship, not the US.
There is a much bigger startup culture in the US than Europe though.
I'm torn on whether to provide the following feedback/critique since it doesn't really respond to the substance of the points put forward in this post, but I feel it can't be ignored: there is something ironic, off-putting and hypocritical about a person whose primary occupation is writing, podcasting and running a writing school penning an article about how most people are working on piddling matters and that everyone should be focused on energy, education, housing, healthcare, and transportation. Does the claim that everyone is working on trivial matters apply to the author as well? If it doesn't, then apparently it is not the case that most people are working on trivial matters...in which case one core assertion of the article is undermined, no?
To be sure, my critique is mostly directed at form and tact. It is one thing to say: "we have really stagnated on energy, education, housing, healthcare, and transportation and need to double down on it. How can we incentivize more people to focus on these problems?" and quite another to say "Most people are working on trivial matters and/or pretending to be busy."
To be sure, my critique is mostly directed at form and tact. It is one thing to say: "we have really stagnated on energy, education, housing, healthcare, and transportation and need to double down on it. How can we incentivize more people to focus on these problems?" and quite another to say "Most people are working on trivial matters and/or pretending to be busy."
The term you’re looking for is “skin in the game”. I would prefer if the advice comes from the man in the arena, not the one sitting in the gallery.
Yes, well said.
So you want young people to start working on some interesting ideas which have potential to help humanity?
Well, my top priority at that age was not to be poor. The optimal strategy was to work in the boring parts of IT and hopping to a better job whenever an opportunity arose. (This worked for me, thank you)
So, sorry but the deal where I work on some crazy idea and become poor if it fails was just unattractive to me (and probably isn't to a lot of people who are not born rich).
Well, my top priority at that age was not to be poor. The optimal strategy was to work in the boring parts of IT and hopping to a better job whenever an opportunity arose. (This worked for me, thank you)
So, sorry but the deal where I work on some crazy idea and become poor if it fails was just unattractive to me (and probably isn't to a lot of people who are not born rich).
> Well, my top priority at that age was not to be poor.
There's a weird case of Maslow's Hierarchy of Needs where the bubble you live in during college has a lot of people worried about self actualization because their support group (or loans) is helping take care of things like food and shelter. Historically, the moment you graduated you were responsible for all of that stuff, but that's been blurred by people moving back in with their parents. I don't know if that's enough to change the equation but certainly for a lot of previous generations we were trying to get our own oxygen masks in place before helping others.
The problem is that your ideals become immediately in conflict with logistics and you end up having to compromise. Even mentorship is fraught because mentors are human and some of their non-negotiables may be wrong. If you refuse you may be entirely on your own. All of a sudden you're 30 and the asshole in the mirror is someone you hardly recognize. That's probably a better demographic to target for such things, both because they're more interested and they have practical knowledge that increases the likelihood of your efforts to be described as "effective" instead of the dreaded, "well-meaning".
There's a weird case of Maslow's Hierarchy of Needs where the bubble you live in during college has a lot of people worried about self actualization because their support group (or loans) is helping take care of things like food and shelter. Historically, the moment you graduated you were responsible for all of that stuff, but that's been blurred by people moving back in with their parents. I don't know if that's enough to change the equation but certainly for a lot of previous generations we were trying to get our own oxygen masks in place before helping others.
The problem is that your ideals become immediately in conflict with logistics and you end up having to compromise. Even mentorship is fraught because mentors are human and some of their non-negotiables may be wrong. If you refuse you may be entirely on your own. All of a sudden you're 30 and the asshole in the mirror is someone you hardly recognize. That's probably a better demographic to target for such things, both because they're more interested and they have practical knowledge that increases the likelihood of your efforts to be described as "effective" instead of the dreaded, "well-meaning".
Was this supposed to be inspiring? It seems the author is just complaining about how this countries best and brightest go on to work in finance or management instead of using their talents to start a business. Which is true obv, but it doesn’t offer any real solutions or answers.
Starting a business is hard; find an unsolved problem and then work your ass off until it’s solved and the solution can be marketed. It takes a certain type of person to be able to succeed in this endeavor, while the rest are going to be better off in their cushy office job where they can have something of a work-life balance.
It takes a lot of money and experience to build something meaningful in the industries the author mentioned. Healthcare, energy, housing, education, and transportation. It must take a lot of insider knowledge to be able to identify the unsolved problems in these industries. A Harvard MBA won’t know how to fix the healthcare industry, but I bet a nurse that’s working 60 hours this week has some ideas. The former might have the connections and capital to build the change but they lack the experience and motivation, while the latter could have the solution, but lacks the connections, time, and money to build the solution.
Starting a business is hard; find an unsolved problem and then work your ass off until it’s solved and the solution can be marketed. It takes a certain type of person to be able to succeed in this endeavor, while the rest are going to be better off in their cushy office job where they can have something of a work-life balance.
It takes a lot of money and experience to build something meaningful in the industries the author mentioned. Healthcare, energy, housing, education, and transportation. It must take a lot of insider knowledge to be able to identify the unsolved problems in these industries. A Harvard MBA won’t know how to fix the healthcare industry, but I bet a nurse that’s working 60 hours this week has some ideas. The former might have the connections and capital to build the change but they lack the experience and motivation, while the latter could have the solution, but lacks the connections, time, and money to build the solution.
The best and brightest do not work in finance or management. They become mathematicians, physicists, astrophysicists, chemists maybe also computer science and other areas of research. They are more interested in discovery, than rising through the ranks of management or possession of great wealth. They research in their area of expertise with a passion.
Of course they are not all business starters or entrepreneurs. The things society and competition, and law put you through when starting a business could well mean, that these people would never even consider starting a business, because it would take away way too much of their time, which they spend on working on the fringes of human knowledge. They simply don't have the time for such mundane things.
Of course they are not all business starters or entrepreneurs. The things society and competition, and law put you through when starting a business could well mean, that these people would never even consider starting a business, because it would take away way too much of their time, which they spend on working on the fringes of human knowledge. They simply don't have the time for such mundane things.
I totally agree with you. I never said that the best and brightest go on to do finance and management, but that’s what the author was alluding too.
Counterpoint: the flight of smart people to less regulated, entrepeneurial segments of the economy has drained intelligence and conscientiousness out of the more staid sectors of society, leaving them to the petty, the vicious, the stupid. It’s a good thing that many Harvard grads go into boring careers because those keep the vast majority of the machinery of our world running. If more people said “I’m not going to work on a startup making a moonshot, I’m going to be the best, most effective health insurance executive I can be,” the world would be a better place.
The fact that it’s hard to succeed and less rewarding in incumbent industries tells you where the real challenges are, and where the best of us are most needed. Escaping to startupland is dodging your reponsibility to give back. It’s taking the easy way out.
The fact that it’s hard to succeed and less rewarding in incumbent industries tells you where the real challenges are, and where the best of us are most needed. Escaping to startupland is dodging your reponsibility to give back. It’s taking the easy way out.
> Too many of our smartest minds are working on trivial tasks and spending their time in corporations where they feel invisible. The vast majority of my friends who work for big companies say they’re bored, unchallenged, and under-employed. They don’t see the tangible benefits of their hard work.
If you work for a big company you could potentially work on exciting stuff. In my experience the smaller places tend to be risk averse or they just can't afford the bleeding edge stuff. So you'll often be stuck fixing obscure bugs introduced by former employees and dealing with bad infra decisions.
If you work for a big company you could potentially work on exciting stuff. In my experience the smaller places tend to be risk averse or they just can't afford the bleeding edge stuff. So you'll often be stuck fixing obscure bugs introduced by former employees and dealing with bad infra decisions.
Are you going to keep submitting links to this crappy “blog” that’s just a funnel for the author’s (presumably equally crappy) writing course all morning?
I’m on a mission to teach thousands of people to write online, share their ideas, and build an online audience. In order to do that, I teach an online course called Write of Passage. In five weeks of intense instruction, I give hundreds of students the tools to publish their ideas, build an online audience, and accelerate their career. The essence of the course is described in my essay, The Ultimate Guide to Writing Online. Students also leave with a network of friends who share their curiosity for learning.
Yes, David, please teach me how to write great OC that Arianna Huffingon can steal.
Yes, David, please teach me how to write great OC that Arianna Huffingon can steal.
No, we don't need more "smart" people working on important problems in transportation, health, education, and so on. We already have plenty of smart people with good ideas, they just have no institutional power to affect anything.
These fields need zealous reformers and activists with the time and money to push through mountains of entrenched interests, complacency, and politics. The work sucks, and people capable of doing it will always be in short supply.
These fields need zealous reformers and activists with the time and money to push through mountains of entrenched interests, complacency, and politics. The work sucks, and people capable of doing it will always be in short supply.
There is plenty of space between "Grindcore Gary Vaynerchuck" and "Fart around Kurt Vonnegut"
Find out what sustains your passions and figure out how to contribute that in a pro-social, community focused way
Does it need to be full time? No!
Find out what sustains your passions and figure out how to contribute that in a pro-social, community focused way
Does it need to be full time? No!
In the spirit of the article, https://80000hours.org/
Thank you! I deleted my other comment just made, because this is exactly the sort of thing I was hoping to fish for in a reply to my now-deleted comment.
It is in the spirit of the article and a good follow-up for people (like me) who might be looking for a career change to something a more positively impactful and less detrimental.
It is in the spirit of the article and a good follow-up for people (like me) who might be looking for a career change to something a more positively impactful and less detrimental.
"We need more people like Dominic Cummings" - not sure this aged well...
> "We need more people like Dominic Cummings, a senior advisor to Boris Johnson, who is probably the most forward-thinking politician in the world today."
This aged incredibly badly.
This aged incredibly badly.
I’m not sure when this was published. But Johnson has been a well-known politician in the UK for at least 10 years. I’m not sure he’s ever really been thought of as forward-thinking. Maybe, if you’re being charitable, he’s moved the UK centre-right a bit greener.
Actually at this point I think Dominic Cummings has fully redeemed himself.
This is partially a collective action problem. It might be socially optimal for people to take more risks working on crazy ideas, but for individuals there's less risk in working for a large corporation on incremental improvements.
Which would be fixable with a UBI. Make it feasible for everyone to live a life of failing at high risk endeavours, not just the privileged ones
UBI is hardly sufficient to fund most high risk endeavours.
No, but if you can spend decades building up convincing PoCs and pitch decks without needing to worry about starving, rent or healthcare you are more likely too. Sweden is more entrepreneurial than most of the rest of Europe for this reason afaik
If I spent decades on PoCs they’d be obsolete before they saw the light of day.
Richard Hamming gave a famous talk on this back in 86 (and repeated many times -- I heard him give it in '88 and it affected me greatly. His essay on the subject has circulated widely: https://www.cs.virginia.edu/~robins/YouAndYourResearch.html
Actually this talk is on the topic of the title of this blog post. The blog post itself seems mainly a complaint about current circumstances.
Actually this talk is on the topic of the title of this blog post. The blog post itself seems mainly a complaint about current circumstances.
I think a big part of the "problem" is that the skill set required to be an "innovator" in some field (coming up with an idea and making it work) is generally very different to that of being an "entrepreneur" (building a sucessful business around it).
It's quite rare to find the two in a single person and very often the best on one side are the worse on the other.
It's quite rare to find the two in a single person and very often the best on one side are the worse on the other.
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My god, Peter Thiel said something potentially interesting for once. I don’t know if it’s actually statistically true, but it makes sense that people on the spectrum might indeed be more inclined to stick with their ideas, because they are less likely to be swayed from what they know is correct (for some value of correct).
You could be surprised. Read Zero to One or watch his Stanford lecture.
You are not defined by your work. Anyone who looks at you and only sees your most recent accomplishment is not worth your time. It's okay to not be productive sometimes. It's okay to do nothing sometimes. Everyone needs to hear that.
I'm just as guilty as anyone. I've been sold the lie that because I'm a programmer, I'm soon to be rich. I just have to work a little harder. When I'm not working for a paycheck, that time is supposed to be for me to be working towards my dreams and striking it rich and making the world a better place.
Don't fall for it. It's okay if you need to spend that third of your day not spent sleeping or working for the man to recover.
I'm just as guilty as anyone. I've been sold the lie that because I'm a programmer, I'm soon to be rich. I just have to work a little harder. When I'm not working for a paycheck, that time is supposed to be for me to be working towards my dreams and striking it rich and making the world a better place.
Don't fall for it. It's okay if you need to spend that third of your day not spent sleeping or working for the man to recover.
> Those who would work in government but choose not to say there’s too much red tape and the pay isn’t high enough
Whoa there tiger. Maybe some people do, but there’s plenty of people who simple never, ever want to work for politicians. Why on earth would I want to work for those lamentable grifters? Most of them are not solving anything.
Even when it works it fails. Any attempt at long-termism leads to short-term pain that opens up a weakness that the opposing party uses to grab power and undo it.
And why should it work? With an electorate that skews towards retirement age the system is delivering exactly the result one would expect - enriching retirees at the expense of future generations. For my generation: no housing, no healthcare, no pension, no climate. For retirees: no taxes.
It feels like we need a fundamental change to enfranchisement. Perhaps parents should be able to cast votes for their children?
Whoa there tiger. Maybe some people do, but there’s plenty of people who simple never, ever want to work for politicians. Why on earth would I want to work for those lamentable grifters? Most of them are not solving anything.
Even when it works it fails. Any attempt at long-termism leads to short-term pain that opens up a weakness that the opposing party uses to grab power and undo it.
And why should it work? With an electorate that skews towards retirement age the system is delivering exactly the result one would expect - enriching retirees at the expense of future generations. For my generation: no housing, no healthcare, no pension, no climate. For retirees: no taxes.
It feels like we need a fundamental change to enfranchisement. Perhaps parents should be able to cast votes for their children?
The only fundamental change that’s both required and possible is young people with good ideas stepping up to the plate instead of throwing up their hands and declaring the whole system bankrupt.
Hard disagree. The system showers rewards on the older generations in exchange for votes. It offers young people almost nothing.
Retirees also have nothing better to do than sit around watching and reading conservative propaganda which is close to impossible to compete with.
Retirees also have nothing better to do than sit around watching and reading conservative propaganda which is close to impossible to compete with.
Yep, all those things are true. And yet still the only realistic solution is as advertised up above.
I don’t think it’s realistic to expect people who don’t hold power, who have the least resources, the least leverage, to be able to take power. The nature of power is that it can be used to stop people from doing exactly this.
And it’s a moot point because if you figure out the magic formula for getting this huge turnout then the same approach will be used by your opponents and the largest demographic will still win, and that’s not young people.
And it’s a moot point because if you figure out the magic formula for getting this huge turnout then the same approach will be used by your opponents and the largest demographic will still win, and that’s not young people.
Fix search, first. Then, we can all find what we want to work on.
Let's start one step before that: do you want to work at all?
Thielthink is a red flag
I find this a bit condescending.
Too many people act like entrepreneurship is something everyone has the stomach/personality/capacity for.
Too many people write blog articles about how if you're not building the next big thing, you're not contributing to society.
Most people I've met in my professional and personal life are supporting their families, trying to raise kids well, making time/$ for their passions, or just generally trying to live a decent life despite the difficult circumstances that life throws at you.