Startups as Toys to Mask Threats and Have Happy Customers

If you give people a tool and tell them it will perfectly solve an important problem, any imperfection in the tool is going to make them angry. If you give someone a toy and say “Look what I made! Isn’t it fun? It kinda does this thing.” then you’ve set yourself up for a positive reaction. It’s much easier to beat low expectations than high ones, so you’ve materially increased your chances at having a happy user. [...] The second thing that goes wrong when you take your toy too ...

 The Capitalist-Consumerist Ethic

We are all good consumers. We buy countless products that we don’t really need, and that until yesterday we didn’t know existed. Manufacturers deliberately design short-term goods and invent new and unnecessary models of perfectly satisfactory products that we must purchase in order to stay ‘in’. Shopping has become a favourite pastime, and consumer goods have become essential mediators in relationships between family members, spouses and friends. Religious holidays such as Christmas ...

 Capitalism Demands Faith in Scientific Progress

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 Money is a System of Mutual Trust

Trust is the raw material from which all types of money are minted. When a wealthy farmer sold his possessions for a sack of cowry shells and travelled with them to another province, he trusted that upon reaching his destination other people would be willing to sell him rice, houses and

 Capitalist Peace

Such findings have led some political scientists to entertain a heretical idea called the Capitalist Peace.243 The word liberal in Liberal Peace refers both to the political openness of democracy and to the economic openness of capitalism, and according to the Capitalist Peace heresy, it’s the economic openness that does most of the pacifying. In arguments that are sure to leave leftists speechless, advocates claim that many of Kant’s arguments about democracy apply just as well to capita...

 Selection from the Wisdom of Hacker News

Inequality of information- find a place where you know something that many undervalue. Having this inequality of information can give you, your first piece of leverage. Be an unrelenting machine- Brick walls are there to show you how bad you want something. Commit to your goals and do not waver from them a one bit regardless of what else is there. I took this approach to losing weight and fitness. I have not missed a single 5k run in over a year. It did not matter if I had not slept for two ...

 The Market Forces Driving AI

Pretty soon, it will be possible to buy artificially brained robots that perform useful tasks around the house. If the price of such robots can be made affordable, then the demand for them will be huge. I believe in time that the world economy will be based upon brain-based computers. Such devices will be so useful and so popular that everyone on the planet will want to own them. As the technologies and the economics improve, the global market for such devices will only increase to the point ...

 The Big and the Little

And Mallow laughed joyously, "You've missed, Sutt, missed as badly as the Commdor himself. You've missed everything, and understood nothing. Look, man, the Empire can replace nothing. The Empire has always been a realm of colossal resources. They've calculated everything in planets, in stellar systems, in whole sectors of the Galaxy. Their generators are gigantic because they thought in gigantic fashion. "But we, – we , our little Foundation, our single world almost with...

 The Majority do Robot Work

Someone had to run the harvesters in the rice and sugarcane fields, check the irrigation canals or robots, install things, fix things. Humans were still not only the cheapest robots around, but also, for many tasks, the only robots that could do the job. They were self-reproducing robots too. They showed up and worked, generation after generation; give them three thousand calories a day and a few amenities, a little time off, and a strong jolt of fear, and you could work them at almost anythi...

 Information Aggregation as Oppression

More and more ordinary people are thrust into a winner-take-all economy. It is a 21st century reprise of the Horatio Alger stories from the 19th century. A token few will find success on Kickstarter or YouTube, while overall wealth is ever more concentrated and social mobility rots. Social media sharers can make all the noise they want, but they forfeit the real wealth and clout needed to be politically powerful. Real wealth and clout instead concentrate ever more on the shrinking island occ...