Pet theory: 70% of what we're busy with brings no value outside of keeping people busy/employed, which means automating it and making it 100x faster also brings no value in the end, no matter how much "intelligence" you can deploy
An economist might counter that any such business would loose market share. But, in actuality, a lot busineses are not competing for survival or even for market share but have it due to entrenchment. examples include: ISPs, healthcare, etc
On the one hand this leads to the mediocre world we live in but on the other hand, thank goodness that these businesses exist. Imagine if every company were run like Tesla/SpaceX. You thought the horrendous birth rate in China was bad...it would be nothing compared to this theoretical world everybody is always in dog eat dog jungle survival mode.
I was reminded about how delusional people are when I was hanging out with some MAGA supporters in the south this weekend. These people adore Elon Musk and what he's done and the way that he runs his companies. They get this mentality because they work in government where their jobs are very cushy, but there is a lot of incompetence and bureaucracy going on, and they hate it. I honestly believe they wouldn't enjoy living in a world where Elon Musk mentality is running everything, including their jobs. That delusion makes them think that a world where Elon Musk is running everyone else's job is better for them.
I'd argue that of the people that Elon hires, many of them probably grew up in an environment where they had the support, love, and care that they need to become great because their predecessors worked in occupation that are not competing for survival. Else you end up with situations like China where the youths just don't have the ability (due to time, money and energy) to put down roots and build up the next generation. Their predecessors planted the seeds and nurtured them to grow value that is then extracted by Elon working the people into the ground and tossing them aside when they are no longer useful.
toasty228 · · focus · HN ↗
heathrow83829 · · focus · HN ↗
An economist might counter that any such business would loose market share. But, in actuality, a lot busineses are not competing for survival or even for market share but have it due to entrenchment. examples include: ISPs, healthcare, etc
saturn8601 · · focus · HN ↗
I was reminded about how delusional people are when I was hanging out with some MAGA supporters in the south this weekend. These people adore Elon Musk and what he's done and the way that he runs his companies. They get this mentality because they work in government where their jobs are very cushy, but there is a lot of incompetence and bureaucracy going on, and they hate it. I honestly believe they wouldn't enjoy living in a world where Elon Musk mentality is running everything, including their jobs. That delusion makes them think that a world where Elon Musk is running everyone else's job is better for them.
I'd argue that of the people that Elon hires, many of them probably grew up in an environment where they had the support, love, and care that they need to become great because their predecessors worked in occupation that are not competing for survival. Else you end up with situations like China where the youths just don't have the ability (due to time, money and energy) to put down roots and build up the next generation. Their predecessors planted the seeds and nurtured them to grow value that is then extracted by Elon working the people into the ground and tossing them aside when they are no longer useful.
soyboy_supreme · · focus · HN ↗
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