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by 9rx
189 days ago
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The social contract is broken, but I'm not sure you've correctly identified the cause. The reality is that a lot of people have truly become useless blobs. Look at Apple's 54 billion dollar cash holdings just sitting there waiting for something of value to cash it in for. That's 54 billion dollars in promises people made to deliver value that they've never made good on. Or, to put it another way, Apple has given away 54 billion dollars in value away for free... ...-ish. Theoretically they can still seek the promises that others made for future value delivery so it isn't technically free is the truest sense of the word, but for all practical purposes it is so. What on earth could you or I ever offer in return to make good on the promise of value we made? I mean, HN tends to be a little more inventive than the general population so maybe you can I can conjure up something at some point. But the average Joe on the street? What are they going to offer to turn that $54 billion promises into actual value? Let's be realistic. At this point, it's never going to happen. Once upon a time we got this bright idea that if everyone funnelled into university research labs we'd start to all create all kinds of new value to deliver. It was a noble thought, if a bit unrealistic. But somehow that idea got watered down into "go to university so you can get a job pushing paper around", and now the masses don't even understand what value is anymore. |
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"Values" is (one way) how strangers bootstrap trust, "value" is how colleagues (dare I say "compadres") maintain it.
>if everyone funnelled into university research labs
University is an excellent microcosm for analyzing the social compact breakdown, because most of the value has been created by transient workers. With levels of cooperation that any profitable enterprise will laugh at, that value, if properly appreciated, will dwarf GDP.[0]
So I'd agree with GP that values, lack thereof, both internal to academia and of society at large, was the source of the rot.
There's the idea of the long-tail that nobody talks about now, it's still quite relevant, and I'm glad HN is keeping the flame.
[0] seminaries (quasi universities) did a suboptimal values-value tradeoff compared to the Teutonic model. Bell Labs 19xx-1970 obviously had an even better model, surfing on the transience. Internship program was the magic? Values-value resonance? The secret that neither ArcInst nor OpenAI will (re)discover? (Latter too coupled to value!) The profound Ability to capture value from joe and Joe?
Think they were called "program managers" or something.. incubators of valueS. And they didn't need to say what they were working on (contradicting conventional "Apple" wisdom)
i'd love to hear more of your philosophical perspective on IP, historiographic/economic evidence that you've accumulated