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by leonvoss 16 hours ago
I think it's a dishonest essay:

>The first step is to decide what to work on. The work you choose needs to have three qualities: it has to be something you have a natural aptitude for, that you have a deep interest in, and that offers scope to do great work.

>In practice you don't have to worry much about the third criterion. Ambitious people are if anything already too conservative about it. So all you need to do is find something you have an aptitude for and great interest in.

Bull-shit. The set of all things you enjoy and have aptitude for is much larger than the set of things you can make money on. There's a reason why Paul Graham chased coding and making an e-store in the 90s and not becoming a great philosopher, which he seems to have natural interest in (and he probably thinks he has quite a bit of aptitude for it).

That reason is $$$. I've found in my time that the number one rule of making $$$ is that you must chase $$$. It doesn't knock at your door, it doesn't come when you least expect it. $$$ is degrading in that you must submit yourself to it. If the $$$ is in code then you code and there's no room for individuality beyond that. It's genuflect or be poor. That's why all these rich people narrowly chase code or similar cash cows. The number two and three rules is chase it a lot and chase it efficiently. If you chase something else a lot and efficiently you will still be poor.

Charitably maybe the concept of chasing $$$ is so ingrained in these people that it's not a conscious decision to them. That seems to be what he says anyway. You could call that greed and I think a lot of brilliant people don't have it to the same degree that most billionaires do so failing to acknowledge it even by accident leads to gatekeeping money.

1 comments

Chasing money and making money is a virtue. Making money is not zero sum. If you are good at something and no one wants to pay for it, then you probably shouldn't be appreciated for it.

There's nothing dishonest about what he is saying and if you think you can make money just by making it your optimising function then I suggest following it because that's the most pro-social thing you can do. The literal economy is design in such a way!

> Chasing money and making money is a virtue.

Depends on your definitions.

If by "chasing money", you mean "I want money, so I'm going to find out what people want badly enough to pay for, and I'm going to figure out a way to make that in a way that lets me profit", that may not be virtuous in a purely moral sense, but it's at least likely to lead to a virtuous outcome.

If by "chasing money", you mean "I want money, so I'll do whatever is the easiest way to make money, and that seems to be scams and grift so I'll start there", then no, there's nothing virtuous whatsoever there.

I'm fairly sure that PG refers to the first one. The ventures he has backed and the ones he is proud of are the first kind.