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Michael Murray's avatar

These SV creeps are so high on their own supply that they live in an atmosphere of pure, recycled bullshit. For just one example: the analysis of the 2008 crash is just wrong... it was just the allowance of predatory and high-risk mortgages... pushed by people who wanted to profit from that risk.

Virtually none of these ideas are peer reviewed in any real way or have been tested at scale or rigorously.

And why is Andreesen Horowitz such a breeding ground for assholes? Marc Andreesen wrote 10K lines of shitty browser code once, and he's.... what, now? A sage? FFS.

Too much money and really very middle-brow (and frankly, adolescent) takes and now we're all gonna suffer as a result. Great. They should have been CHALLENGED on their shit ideas, but I guess money insulates you from all that.

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David I. Buckman's avatar

Thank you. This is important work.

All movements seeking to shape society on this scale begin with a quasi-utopian vision of an idealized society in which their highest, self-defined values can be realized. In this case, the roots of that vision can be found in the dot.com boom of the ‘90s. Silicon Valley became a distinct subculture infused with the religion of entrepreneurship. The ideal life - that of tech billionaire- resulted from creating a new form of tech-the more disruptive the better-and monetizing it. Regulation was an impediment; government created drag. This positioned maximizing enterprise value (for which efficiency and disruption were key imperatives) as the highest of callings. For those like Thiel who succeeded in grabbing the brass ring (albeit randomly and fortuitously ) their atypical experience in their insular village morphed, through a combination of hindsight, narcissism and arrogance, into a supposed model for all human existence.

This is what happens to a society that favors MBAs over liberal arts degree.

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