Nadia Asparouhova — Tech elites, democracy, open source, & philanthropy

0:27

Today I have the pleasure of talking with  Nadia Asparouhova.

0:27

She is previously the author of Working in Public: The Making and  Maintenance of Open Source Software and she is currently researching what the new tech elite  will look like.

0:39

Nadia, welcome to the podcast. Thanks for having me.

0:44

Given what's been happening with SBF this is perfect timing.

0:50

How much  do you think SBF was motivated by effective altruism?

0:54

Where do you place him in the whole  dimensionality of idea machines and motivations?

1:03

I know there's conflicting accounts going around.

1:03

Just from my character study or looking at SBF, it seems pretty clear to me that he is  inextricably tied to the concepts of utilitarianism that then motivate effective  altruism.

1:16

The difference for me in where I characterize effective altruism is that I think  it's much closer to the finance Wall Street elite mindset than it is to the startup mindset,  even though a lot of people associate effective altruism with tech people.

1:33

To me that puts SBF  squarely in the finance crowd much more so than startups or crypto and I think that's something  that gets really misunderstood about him.

1:46

I find that interesting because if you  think of Jeff Bezos, when he started Amazon, he wasn't somebody like John Perry Barlow,  who was just motivated by the free philosophy of the internet.

1:56

He saw a graph of internet  usage going up into the right and he's like, “I should build a business on top of this.

2:00

” And  in a sort of loopholey way try to figure out, what is the first thing you would want to put a  SQL database on top of to ship and produce?

2:05

And books was the answer.

2:11

He also obviously  came from a hedge fund.

2:11

Would you place somebody like him also in the old finance  crowd rather than as a startup founder?

2:22

It's kind of a weird one because he's both  associated with the early computing revolution, but then also AWS was what kicked off all  of the 2010 startups.

2:26

And I think in the way that he's started thinking about his public  legacy and just from his public behavior, I think he fits much more squarely now in that  tech startup elite mindset of the 2010s crowd more so than the Davos elite crowd of the 2000s.

2:43

What in specific are you referring to?

2:50

He's come out and been openly critical about  a lot of Davos type institutions.

2:50

He kind of pokes fun at mainstream media for not believing in  him and not believing in AWS.

2:58

And I think because he spans across both of these generations, he's  been able to see the evolution of how his earlier peers function versus how the second cohort of  peers that he came across function.

3:12

But to me, he seems much more like the startup elite mindset.

3:17

I can back up a little bit there.

3:17

What I associate with the Davos Wall Street kind of  crowd is much more of this focus on quantitative thinking, measuring efficiency,  and then also this globalist mindset.

3:34

I think that the vision that they want to ensure for the  world is this idea of a very interconnected world, the United Nations kind of mindset and that is  really literally what the Davos gathering is.

3:52

Whereas Bezos from his actions today feels much  closer to the startup, Y Combinator, post-AWS kind of mindset of founders that made their money by  taking these non-obvious bets on talented people.

4:08

They were much less focused on credentialism and  were much more into this idea of meritocracy.

4:13

I think we forget how commonplace this trope  is of the young founder in a dorm room.

4:21

That was really popularized by the 2010s cohort  of the startup elite of being someone that may have absolutely no skills, no background in  industry, but can somehow turn the entire industry over on its head.

4:31

And I think that was  the unique insight of the tech startup crowd.

4:38

When I think about just some of  the things that Bezos is doing now, it feels that he identifies  with that much more strongly of being this lone cowboy or having this one  talented person with really great ideas who can change the world.

4:52

I think about The Altos  Institute, the new science initiative that he put out where he was recruiting these scientists from  academic institutions and paying them really high salaries to attract the very best top scientists  around the world.

5:04

That's much more of that kind of mindset than it is about putting faith  in existing institutions, which is what we would see from more of a Davos kind of mindset. Interesting.

5:14

Do you think the kids of today's tech billionaires will be future aristocrats?

5:21

That  they'll be tomorrow's Rockefellers?

5:21

That effective altruism will be an elite aristocratic philosophy.

5:25

Yeah, I kind of worry about that actually.

5:25

Within the US, we were kind of lucky in that we have  these two different types of elites.

5:35

We have the aristocratic elites and we have meritocratic  elites.

5:39

Most other countries basically just have aristocratic elites, especially  comparing the US to Britain in this way.

5:50

In the aristocratic model, your wealth  and your power is conferred to you by previous generations.

5:54

You just kind of inherit  it from your parents or your family or whomever.

5:59

The upside of that, if there is an upside,  is that you get really socialized into this idea of — What does it mean to be a public  steward?

6:03

What does it mean to think of yourself and your responsibility to the rest of  society as a privileged elite person?

6:13

In the US, we have this really great thing  where we have the American dream, right?

6:18

Lots of people that didn't grow up with  money can break into the elite ranks by doing something that makes them really successful.

6:23

And that's a really special thing about the US.

6:23

So we have this whole class of meritocratic elites  who may not have aristocratic backgrounds, but ended up doing something within their  lifetimes that made them successful.

6:38

I think it's a really cool thing.

6:38

The downside of  that being that you don't really get socialized into — What does it mean to have this fortune  and do something interesting with your money?

6:47

You don't have this generational benefit that the  aristocratic elites have of presiding over your land or whatever you want to call it, where you're  learning how to think about yourself in relation to the rest of society.

6:59

So it's much easier  to just kind of hoard your wealth or whatever.

7:05

When you think about what are the next  generations, the children of the meritocratic elites going to look or what are they going to  do, it's very easy to imagine them just becoming aristocratic elites in the sense of, they're just  going to inherit the money from their families.

7:19

And they haven't also really been socialized  into how to think about their role in society.

7:25

All the meritocratic elites eventually turn  into aristocratic elites, which is where I think you start seeing this trend now towards  people wanting to spend down their fortunes within their lifetime or within a set number  of decades after they die because they see what happened in previous generations and  are like, “Oh, I don't want to do that.

7:38

” Well, it's interesting.

7:42

You mentioned that  the aristocratic elites feel that they have the responsibility to give back more so than  the meritocratic elites.

7:48

But I believe that in the U. S.

7:55

the amount of people who give to  philanthropy and the total amount they give is higher than in Europe where they probably have a  higher ratio of aristocratic elites.

7:59

Wouldn't you expect the opposite if the aristocratic elites  are the ones that are inculcated to give back?

8:11

I assume the figures about  Americans giving back is spread across all Americans not just the wealthiest.

8:17

Would you predict that among the top 10 percent of Americans, there's less philanthropy  than the top 10 percent of Europeans?

8:33

Sorry, I'm not sure I understand the question.

8:33

Does the ratio of meritocratic to aristocratic elites change how much philanthropy  there is among the elites?

8:47

Yeah, here even among aristocratic  elites we have much more of a culture of institution building or large donations to build  institutions, whereas in Europe, a lot of the public institutions are created by the government  and there's this mentality of — Private citizens don't experiment with public institutions, that's  the government's job.

9:04

You see that pervasively throughout all of European cultures.

9:09

When they  want something to change in public society, they look to the government to regulate or change it. Whereas in the U. S.

9:14

, it's much more choose your own adventure and we don't really see the  government as the sole provider or shaper of public institutions.

9:25

We also look  at private citizens and there's so many public institutions we have now that  were not started by the government, but were started by private philanthropists.

9:33

And that's a really unusual thing about the U. S.

9:39

There's this common pattern in philanthropy where  a guy will become a billionaire, and then his wife will be heavily involved with or even potentially  in charge of the family's philanthropic efforts.

9:54

There's many examples of this — Bill and Melinda  Gates, Mark Zuckerberg and Prisiclla Chan, Dustin Moskovitz and Cari Tuna.

10:02

What is the consequence of this?

10:09

How are the causes and the foundations of  philanthropy different because of this pattern?

10:21

The problem is that what even is  philanthropy is changing very quickly.

10:21

That pattern has probably been true in recent history,  in recent decades.

10:28

That wasn't true in say late 1800s, early 1900s.

10:35

Carnegie and  Rockefeller were the ones that were actually doing their own philanthropy, not their  spouses.

10:40

So I'd say it's a more recent trend.

10:46

But now I think we're also seeing this thing  where a lot of wealthy people are not necessarily doing their philanthropic activities through  foundations anymore.

10:52

And that's true both within the traditional philanthropy sector and the  looser definition of what we might consider to be philanthropy, which I kind of more broadly want  to define as the public facing actions of elites.

11:12

But even within traditional philanthropy  circles, we have the 501(c)(3) nonprofit, which is how people traditionally house all  their money in a foundation and then they do their philanthropic activities out of that.

11:23

But  in recent years, we've seen this trend towards LLCs.

11:28

Emerson Collective might have been maybe  the first one to do it.

11:28

And there was Steve Jobs' Philanthropic Foundation.

11:34

And then Mark Zuckerberg  with the Chan-Zuckerberg Initiative also used an LLC.

11:41

And since then, especially within tech  wealth, we've seen that move towards people using LLCs instead of 501(c)(3) because it just  gives you a lot more flexibility in the kinds of things you can fund.

11:51

You don't just have to fund  other nonprofits.

11:51

And they also seed donor advised funds (DAFs) which are this hacky workaround  to foundations as well.

11:57

The point being that this mental model of one person makes a ton of  money and then their spouse directs these nice, feel good, philanthropic activities, may not be  the model that we continue to move forward on.

12:15

I'm kind of hopeful or curious to see what a  return to the Gilded Age style of philanthropy looks like.

12:22

We've had so many new people making  a ton of money in the last 10 years or so, we might see this return to the Gilded Age style  of philanthropy where people are not necessarily just forming a philanthropic foundation  and looking for the nicest causes to fund, but are actually just thinking a little bit more  holistically about — How do I help build and create a movement around a thing that I really  care about?

12:40

How do I think more broadly around funding companies and nonprofits and individuals  and doing lots of different kinds of activities?

13:00

I don't really think philanthropy is about  altruism.

13:00

I think the term philanthropy is just totally fraud and refers to too many  different things and it's not very helpful.

13:10

The part that I'm interested in at least is what  motivates elites to go from just making a lot of money and thinking about themselves to them  thinking about their place in broader public society.

13:20

And that starts with thinking about — How  do I control the three arms of the public sector: media, academia, government?

13:29

And we  think of it in that way a little bit more broadly where it's really much more about  maintaining control over your own power, more so than this altruistic whitewash (unclear).

13:43

Then there's so many other creative ways  to think about how that might happen.

13:52

That's a really interesting way of thinking  about what it is you're doing with philanthropy.

13:56

Isn't the word noble descended from  a word that basically means to give alms to people?

14:00

Like if you're in charge  of them, you will give alms to them.

14:00

It might have been another word I'm thinking of.

14:06

But in a way yeah, a part of what motivates altruism is influence and power, not even  in a necessarily negative connotation.

14:24

Having that put square front and center  is refreshing and honest, actually.

14:30

I really don't see it as a negative  thing at all and I think most of the writing and journalism and academia that focuses  on philanthropy tends to be very wealth critical.

14:41

I personally don't feel wealth critical at  all.

14:41

Again returning to this mental model of aristocratic and meritocratic elites, aristocratic  elites are able to encode what they're supposed to be doing in each generation because they have  these familial ties.

14:57

On the meritocratic side, if you didn't have any language around altruism  or public stewardship, then you need to kind of create that narrative for the meritocratic elite  or else there's just nothing to hold on to.

15:09

So I think it makes sense to talk in those terms.

15:15

Andrew Carnegie, the father of modern philanthropy in the US, wrote these  series of essays about wealth that were very influential where he talks about this  moral obligation.

15:26

I think even though it was ostensibly about giving back or helping lift up  the next generation of people, the next generation of entrepreneurs, I think it really was much more  of a protective stance of saying, if he doesn't frame it in this way, then people are just going  to knock down the concept of wealth altogether.

15:52

That's really interesting.

15:52

And it's interesting  in which cases this kind of influence has been successful and where it hasn’t been.

15:57

When  Jeff Bezos bought the Washington Post, has there been any counterfactual impact on how the  Washington Post has run as a result? I doubt it.

16:07

But when Musk takes over Twitter, I guess  it's a much more expensive purchase, we'll see what the influence is negative or  positive, but it's certainly different than what Twitter otherwise would have been.

16:15

I guess  control over the media is a bigger meme now.

16:23

Let me just take a digression and  ask about open source for a second.

16:28

Based on your experience studying these open  source projects, do you find the theory that Homer and Shakespeare were basically container words for  these open source repositories that stretched out through centuries?

16:40

Do you find that more plausible  or less plausible given your study of open source? Sorry, what?

16:48

The idea is that they weren't just one person, it was just a whole bunch of people throughout a  bunch of centuries who composed different parts of each story or composed different stories.

16:59

The Nicolas Bourbaki model.

16:59

Same concept of a single mathematician who's actually  comprised of lots of different people.

17:11

I think my conclusion would actually be the  opposite.

17:11

We think of open source as this very collective volunteer effort and use that  as an excuse to not really contribute back to open source or not really think about how open  source projects are maintained.

17:25

Because we have this bystander effect where someone's taking care  of it, it's volunteer oriented.

17:29

But in reality, it actually turns out it is just one person.

17:37

Maybe it's a little bit more of a Wizard of Oz type model.

17:40

It's actually just one person behind  the curtain that's doing everything and you see this huge grandeur and you think there must be so  many people that are behind it. It's one person.

17:52

I think that's undervalued.

17:52

I think a lot of  the rhetoric that we have about open source is rooted in the early 2000s starry eyed idea  about the power of the internet, and the idea of crowdsourcing, and Wikipedia and all this stuff.

18:02

And then in reality, we see this convergence from very broad based collaborative volunteer efforts  to narrowing down to single creators.

18:09

And I think a lot of single creators are the people  that are really driving a lot of the internet and a lot of cultural production today.

18:20

Oh, that's super fascinating.

18:20

Does that in general make you more sympathetic towards the  lone genius view of accomplishments in history?

18:30

Not just in literature but just when you think  back to — How likely is it that Newton came up with all that stuff on his own versus how  much was fed into him by others around him? Yeah, I think so.

18:41

I've never been a big great  founder theory kind of person.

18:41

My true theory is that ideas are maybe some sentient, concept,  or virus that operates outside of us and we are just the vessels through which ideas flow.

19:01

In  that sense it's not really about any one person.

19:07

But in terms of, where does creative effort come  from?

19:07

I do think a lot of it comes much more from a single individual than it does from wisdom of  the crowds.

19:19

But everything just serves different purposes, right?

19:24

Because within open source,  not all of open source maintenance work is creative.

19:29

In fact, most of it is pretty boring  and that's the stuff that no one wants to do.

19:33

And that one person kind of got stuck with  doing and that's really different from who created a certain open source projects, which  is a little bit more of that creative mindset.

19:44

Yeah, that’s really interesting.

19:44

Do you think more projects in open source would be better off if pull requests  were closed and feature requests were closed?

20:01

You can look at the  code but you can't interact with it or its creators anyway.

20:05

Should  more repositories have this model?

20:09

Yeah, I definitely think so.

20:09

I think a lot  of people would be much happier that way.

20:15

It's interesting to think about the implications  of this for other areas outside of code, right?

20:20

Which is where it gets really interesting.

20:20

That's basically what spurred the writing of my book, because I was like, “Whatever's  happening open source right now…” You start with this idea that democracy is  great and we should have tons and tons of people participating.

20:34

Tons of people participate and then  it turns out that most participation is actually just noise and not that useful.

20:38

It ends up scaring  everyone away and in the end, you just have one or a small handful of people that are actually  doing all the work while everyone else is kind of screaming around them.

20:47

And this becomes a really  great metaphor for what happens in social media.

20:52

After I wrote the book, part of the reason I went  and worked at Substack was because the model is kind of converging from Twitter being this big  open space to suddenly everyone is retreating.

21:04

The public space is so hostile that everyone  must retreat into smaller private spaces.

21:04

So then group chats became a thing, Substack became a  thing.

21:08

And it just sort of feels realistic, right?

21:15

That's really fascinating.

21:15

The Straussian  message in that book is very strong.

21:22

[Laughter] But in general when you're thinking about something like corporate governance, there's a  big question.

21:24

And I guess even more interestingly, if you think DAOs are going to be a thing,  and you think that we will have to reinvent corporate governance from the ground up, there's  a question of — Should these be run like monarchy?

21:36

Should they be oligarchies where the board is in  control?

21:36

Should they be just complete democracies where everybody gets one vote on what you do  at the next shareholder meeting or something?

21:49

This book and that analysis is actually  pretty interesting to think about.

21:49

How should corporations be run differently,  if at all?

21:53

Does it inform how you think the average corporation should be run? Yeah, definitely.

21:57

I'm not a corporate governance expert, but I do feel we're  seeing a little of this backlash against shareholder activism and extreme focus on DEI  and boards and things like that.

22:11

We're seeing people starting to take the reins and take control  again because they're like, “Ah, it turns out that doesn't really work so well.

22:21

” I think DAOs are going to learn this hard lesson as well.

22:26

It's still maybe just too early  to say what is happening in DAOs right now.

22:26

But at least the ones that I've looked at, it feels there  is a very common failure mode of people saying, “Let's have this be super democratic and leave it  to the crowd to kind of run this thing and figure out how it works.

22:45

” And it turns out you actually  do need a strong leader, even in the beginning.

22:48

And something I learned from open source  projects is that it's rarely the case, if at all, that you have a project that starts leaderless and  faceless.

22:54

Usually there is some strong creator, leader, or influential figure that is driving the  project forward for a certain period of time and then you can kind of get to the point when you  have enough of an active community that maybe that leader takes a step back and lets other  people take over.

23:10

But it's not like you can do that on day one.

23:14

And that's an open question that  I have for crypto as an industry more broadly.

23:20

Because if I think about what is defining each  of these generations of people that are pushing forward new technological paradigms, I mentioned  that the Wall Street finance mindset is very focused on globalism and on this efficiency  quantitative mindset.

23:31

You have the tech Silicon Valley Y combinator kind of generation that  is really focused on top talent and the idea of founder mindset, the power of individuals  breaking institutions, and then you have the crypto mindset, which is this faceless leaderless,  governed by protocol and by code mindset, which is intriguing to me.

23:56

But I have a really hard  time squaring it with what I’m seeing.

23:56

In some sense, open source was the experiment that  started playing out, 20 years before then.

24:09

Some things are obviously different in crypto,  because tokenization completely changes the incentive system for contributing and maintaining  crypto projects versus traditional open source projects.

24:18

But in the end, humans are humans and  I feel there are a lot of lessons to be learned from open source.

24:23

They also started out early  on as being very starry eyed about the power of hyper democratic regimes and it turned out  that just doesn't work in practice.

24:29

And so how is Crypto going to square that?

24:36

I'm  just very curious to see what happens.

24:42

That raises an interesting question.

24:42

You've  written about idea machines and you can explain that while you answer the question, but  do you think that movements can survive without a charismatic founder who is both alive and  engaged?

24:52

Once Will MacAskill dies, would you be shorting effective altruism?

25:00

Or if Tyler Cowen  dies, would you be shorting progress studies?

25:00

Or do you think that once you get a movement  off the ground, it can survive on its own?

25:09

Yeah, I think that's a good question.

25:09

I  don't think there's some perfect template, each of these kind of has its own unique  quirks and characteristics in them.

25:18

Let’s back up a little bit.

25:18

We were talking  before about traditional 501(c)(3) foundations as vehicles for philanthropy, what does the  modern version of that look like that is not necessarily encoded in institution?

25:31

And so I had this term idea machines, which is this different way of thinking about  turning ideas into outcomes where you have a community that forms around a shared set of values  and ideas.

25:40

Progress studies is an example of that, or effective altruism is an example.

25:46

Eventually  that community gets capitalized by some funders, and then it starts to be able to develop  an agenda and then actually starts building operational outcomes and turning  those ideas into real world initiatives.

26:05

Remind me of your question again.

26:05

Once the charismatic founder dies of a movement, is a movement basically handicapped  in some way?

26:10

Maybe it'll still be a thing, but it's never going to reach the heights it could  have reached if that main guy had been around?

26:21

I think there are just different shapes  and classifications of different types of communities here.

26:26

I'm just thinking of different  types of open source projects where there’s not one model that fits perfectly for all of them.

26:31

I think there are some communities like effective altruism where the community has grown so much  that if all their leaders were to, knock on wood, disappear tomorrow the movement would still  keep going.

26:43

There are enough true believers, even within the next order of that community,  that it would just continue to grow.

26:55

Whereas maybe certain smaller or more nascent  communities that are much more oriented around a charismatic founder are just a different type  where if you lose that leader, then suddenly the whole thing falls apart because  they're much more like cults or religions.

27:14

I don't think it makes one better or worse.

27:14

The right way to do it is probably Bitcoin, where you have a charismatic leader for life  because that leader can't go away and can't ever die, but you still have the North Stars. It is funny.

27:25

A lot of prophets have this property where you're not really sure what they believed in  so people with different temperaments can project their own preferences onto him.

27:38

Take somebody like  Jesus.

27:38

You can be a super left winger and believe Jesus stood for everything you believe in and you  can be a super right winger and believe the same.

27:52

I think there's value in writing cryptically.

27:52

Curtis Yarvin has done a really good job of this, intentionally or not, where his writing is so  cryptic and long winded.

28:00

It's like the Bible where you can just kind of pour over endlessly  — What does this mean? What does this mean?

28:11

You're always told to write very clearly, you're  told to write succinctly, but in a weird way, you can be much more effective by being very  long-winded and not obvious in what you're saying.

28:20

Yes, that actually raises an interesting  question that I've been wondering about.

28:22

There have been movements that have  been focused on “community building” in an explicit way, effective altruism is a good  example of that.

28:30

And then there's other movements where they have a charismatic founder who doesn't  really try to recruit people.

28:34

I'm thinking of somebody like Peter Thiel.

28:40

Once every year or  two, he'll go on a podcast and have this really cryptic back and forth.

28:47

And then just kind of go  away into a hole for a few months or a few years.

28:53

I'm curious, which one do you think is more  effective?

28:53

Given the fact that you're not really competing for votes and the absolute  number of people is not what you care about.

29:01

It's not clear what you care about but you do want  to have more influence among the elites who matter in politics and tech as well.

29:06

What are  your thoughts on those kinds of strategies?

29:13

Explicitly trying to community build versus just  kind of projecting out there in a cryptic way.

29:20

Somewhat being cryptic myself,  I favor the cryptic methodology.

29:26

You mentioned Peter Thiel and the Thielverse is  one of the most influential things.

29:26

It is partly so effective because it is hard to even define  what it is or wrap your head around that.

29:33

You just know that every interesting person you meet  somehow has some weird connection to Peter Thiel.

29:46

But I think this is sort of that evolution from  the 501(c)(3) foundation to the idea machine.

29:52

Implicit in that this switch from — used to start  the Nadia Asparova Foundation or whatever.

29:52

It had your name on it and it was all about — What do  I as a funder want to do in the world?

30:00

And you spend all this time doing this classical research,  going out into the field, talking to people and you sit and you think, “Okay, here's a strategy  I'm going to pursue.

30:10

” And ultimately, it's very, very donor centric in this very explicit way.

30:15

Within traditional philanthropy, you're seeing this backlash against that.

30:20

For example in  non-profit land, you're seeing the locus of power moving from being very donor centric  to being community centric and people saying, “Well, we don't really want the donors telling us  what to do, even though it's also their money.

30:32

” Instead, let's have this be driven  by the community from the ground up.

30:41

That's maybe one very literal reaction against  having the donor as the central power figure.

30:41

But I think idea machines are maybe the more realistic  or effective answer.

30:48

Without the presence of a funder, a community is just a community.

30:58

They're  just sitting around and talking about ideas of, what could possibly happen?

31:02

They don't  have any money to make anything happen.

31:07

Really effective funders are good at being subtle  and thoughtful.

31:07

No one wants to see the Peter Thiel foundation necessarily.

31:14

That's just not the  style of how it works but you meet so many people that are being funded by the same person.

31:21

Just  going out and aggressively arming the rebels is a more a distributed, decentralized way of  thinking about spreading one's power, instead of just starting just starting a foundation.

31:33

Even if you look at the life of influential politicians, somebody like LBJ or Robert Moses,  how much of it was calculated and how much of it was just decades of building up favors  and building up connections in a way that had no definite and clear plan, but  you're just hoping that someday you can call upon them in a Godfather way.

31:55

By the way, this is also where your work on open source comes in, right?

32:04

There's this idea  that in the movement, everybody will come in with their ideas and you can community build your  way towards what should be funded.

32:08

And yeah, I'm inclined to believe that it's probably  a few people who have these ideas about what should be funded.

32:19

The rest of it is either just  a way of building up engagement and building up hype, or maybe just useless.

32:27

What are your thoughts on it?

32:33

I decided I was very much a tech startup person  and not a crypto person, even though I would very much like to be one, because I'm like, “Ah, this  is the future.

32:39

And there's so many interesting things happening.

32:43

” For the record, I’m not at  all down on crypto, I think it is the next big movement of things that are happening.

32:49

But when  I really come down to the mindset, I am in that top talent, founder, power of the  individual to break the institutions mindset.

32:58

That just resonates with me so  much more than the leaderless, faceless, highly participatory kind of thing.

33:04

Again, I am very open to that being true. Maybe I'm wrong on that.

33:10

I just have not  yet seen evidence that that works in the world.

33:16

I see a lot of rhetoric about how that could work  or should work.

33:16

We have this implicit belief that direct democracy is somehow the greatest thing  to aspire towards.

33:22

But we see evidence over and over that it just doesn't really work.

33:28

It doesn't mean we have to throw out the underlying principles or values behind that.

33:32

I  still really believe in meritocracy.

33:32

I really believe in access to opportunity.

33:37

I really believe  in the pursuit of happiness.

33:37

To me, those are all very American values.

33:43

But I think where that  breaks is the idea that that has to happen through these highly participatory methods.

33:50

I just haven't  seen really great evidence of that working.

33:57

What does that imply about how you think about  politics or at least political structures?

33:57

You elect a mayor, but no participation.

34:04

He gets  to do everything he wants to do for four years and you can get rid of him in four years but  until then, no community meetings.

34:09

What does that imply about how you think cities  and states and countries should be run?

34:21

I have some very complicated thoughts on that.

34:21

Everyone has the fantasy of — Wouldn’t it'd be so nice if there were just one person in charge?

34:32

I hate all this squabbling.

34:32

It would just be so great if we could just have one person who has  exactly the views that I have and put them in charge and let them run things.

34:44

That would be  very nice.

34:44

I do also think it's unrealistic.

34:53

Monarchy sounds great in theory but  in practice just doesn't work.

34:53

I think there is no perfect governance design  either in the same way that there's no perfect open source project designer  or whatever else we're talking about.

35:13

It depends on what your population is comprised  of.

35:13

There are some very small homogenous populations that can be very easily governed by a  small government or one person because there isn't that much dissent or difference.

35:26

Everyone is on  the same page.

35:26

America is the extreme opposite in that angle.

35:31

And I'm always thinking about America  because I'm American and I love America.

35:31

Everyone is trying to solve the governance question for  America and we're an extremely heterogeneous population.

35:43

There are a lot of competing  worldviews.

35:43

I may not agree with all the views of everyone in America, but I also just don’t  want one person that represents my personal views.

35:53

I would focus more on effectiveness in  governance than having just one person in charge.

36:03

I don't mind if someone disagrees with my views  as long as they're good at what they do, if that makes sense.

36:08

So I think the questions are, how do  we improve the speed at which our government works and the efficacy with which it works?

36:14

There's so  much room for improvement there versus changing the actual structure of our government. Interesting.

36:25

Going back to open source for a second.

36:30

Why do these companies release so  much stuff in open source for free?

36:30

It's probably literally worth trillions of dollars of value in  total and they just release it out for free.

36:38

Many of them are developer tools that other developers  use to build competitors for these big tech companies that are releasing these open source  tools. Why did they do it? What explains it?

36:54

I think it depends on the specific project,  but a lot of times these are projects that were developed internally.

36:59

It's the same reason  why people spend all this time writing long posts or papers and then just release them for free.

37:08

Why not put everything behind a paywall?

37:08

The answer in both cases is probably that mindshare  is a lot more interesting than your literal IP.

37:23

You spend all this time creating content  for free and putting it out there because you're trying to capture mindshare.

37:25

Same thing with companies releasing open source projects.

37:28

A lot of times they really  want other developers to come in and contribute to them.

37:33

They want to increase their status as an  open source friendly company or company or show, “Here's the type of code that we write  internally.

37:39

” and showing that externally.

37:43

Recruiting is the hardest thing for any  company.

37:43

Being able to attract the right kinds of developers or people that might fit  really well into their developer culture just matters a lot more.

37:52

And instead of doing  that with words they’re doing it with code.

37:58

You've talked about the need for more idea  machines.

37:58

You're dissatisfied with the fact that effective altruism is a big game in town.

38:02

Is there some idea or nascent movement, other than Progress Studies, where you feel this could  be a thing but it just needs some charismatic founder to take it to the next level?

38:16

Or even if  it doesn't exist yet.

38:16

A set of ideas around this vein where it is clear something there is going  to exist.

38:21

Is there anything like that you notice?

38:28

I outlined a couple of different possibilities  in that post.

38:28

I think progress studies is probably the largest growing contender that I  would see right now.

38:33

I think there's another one right now around the new right.

38:39

That's  not even the best term necessarily for it, but there's a shared set of values there  that are maybe starting with politics, but ideally spreading to other areas of  public influence.

38:49

I think those are a couple of the bigger movements that I see right now.

38:55

And then there's smaller stuff too.

38:55

I mentioned tools for thought in that post.

38:59

That's never going  to be a huge idea machine but it's one where you have a lot of interesting, talented people that  are thinking about the future of computing.

39:06

And until maybe more recently, there just hasn't  been a lot of funding available and the funding is always really uneven and unpredictable.

39:16

That  to me is an example of a smaller community that just needs that extra influx to turn a  bunch of abstract ideas into practice.

39:33

I think there is just so much more potential to  do more.

39:33

I wish people would just think a little bit more creatively because I really do think  effective altruism becomes the default option for a lot of people.

39:44

Then they're kind of vaguely  dissatisfied with it and they don't think about, “Well, what do I actually really care about in  the world and how do I want to put that forward?

39:49

” Yeah, there's also the fact that effective  altruism has this very fit memeplex in the sense that it's a polytheistic  religion where if you have a cause area, then you don't have your own movement.

40:05

You just  have a cause area within our broader movement.

40:10

It just adopts your gods into our movement.

40:10

Yeah, that's the same thing I see with people trying to lobby for effective altruism to  care about their cause area but then you could just start a separate cause.

40:21

If you  can't get EA to care about it, then why not just start another one somewhere else?

40:26

It's interesting to me that the wealth boom in Silicon Valley and in tech spheres led to the  outgrowth of philanthropy but that hasn't always been the case even in America.

40:40

A lot of people  became billionaires after energy markets were deregulated in the 80s and the 90s and the hub  of that was the Texas area.

40:45

As far as I'm aware, there wasn't a boom of philanthropy motivated  by the ideas that people in that region had.

41:02

What's different about Silicon Valley?

41:02

Or do you actually think that these other places have also had their  own booms of philanthropic giving? I think you're right.

41:12

I would make the distinction  that being wealthy is not the same as being elite.

41:21

So yeah, there are definitely pockets of  local markets of wealth, like Texas oil or energy billionaires, that tend to operate  in their own sphere.

41:27

A lot of them will be philanthropically active, but they only  really focus on their geographic area.

41:44

I think this is part of the question of  what forces someone to actually do something more public facing with their power?

41:54

I think  that comes from your power being threatened.

42:01

I would say that's one aspect of that.

42:01

Tech has  only really become a lot more active in the public sphere outside of startups after the tech backlash  of the mid 2010s.

42:05

And you can say a similar thing kind of happened with the Davos elite as well  and also for the gilded age cohort of wealth.

42:26

Everyone in Silicon Valley was kind of sequestered  off and just thinking about startups and thinking to themselves that tech is just essentially an  industry, just like entertainment or whatever.

42:35

And we were just happy building over here.

42:35

It was  only when the panopticon turned its head towards tech and they had this onslaught of critiques  coming from mainstream discourse where they went, “Oh.

42:50

What is my place in this world?

42:50

If I don't  try to defend that, then I'm going to just lose all that power.

42:59

” So I think that the need to  defend one's power can prompt that action.

43:05

The other aspect I'd highlight is I think a lot of  elites are driven by these technological paradigm shifts.

43:12

There's this scholar, Carlotta Perrins,  who writes about technological revolutions and financial capital.

43:17

She identified a few  different technological revolutions over the last hundred plus years that drove this  cycle of — A new technology is invented.

43:31

People are working on it in this smaller industry  way.

43:31

And then there is some kind of crazy public frenzy and then a backlash.

43:37

After that, you  have this focus on public institution building.

43:44

But she points out that not all technology fits  into that.

43:44

Not all technology is a paradigm shift.

43:50

Sometimes technology is just technology.

43:50

I think a  lot of wealth might just fall into that category.

43:57

My third example is the Koch family because  you had the Koch brothers, but their father was actually the one who initially made their wealth  and he was very localized in how he thought about philanthropy.

44:11

He had his own family foundation.

44:11

It was just that Texas billionaire mindset that we're talking about — I made a bunch of money.

44:17

I'm  going to just do my local funder activity.

44:17

It was only the next generation of his children that then  took that wealth and started thinking about how do we actually move that onto a more elite stage  and thinking about their influence in the media.

44:36

You can see there's two clear generations within  the same family.

44:36

One has this local wealth mindset and one of them has the more elite wealth mindset.

44:42

You can ask yourself, why did that switch happen?

44:48

It's clearly about more than just  money.

44:48

It's also about intention.

44:51

Yeah, that's really interesting.

44:51

It's interesting  because if you identify the current mainstream media as affiliated with that Davos elite, then  there is a growing field of independent media that is a new media.

45:11

But you would not identify  somebody like Joe Rogan as being in the Silicon Valley sphere, right?

45:17

I guess these startup people  don't have that much influence over them yet.

45:27

I think they're trying to take that strategy.

45:27

You have a bunch of founders Palmer Luckey, Mark Zuckerberg, and Brian Armstrong that will not  really talk to mainstream media anymore.

45:34

They will not give an interview to The New York Times but  they will go to an individual influencer or an individual creator and do an interview with them.

45:47

When Mark Zuckerberg announced Meta, he did not grant interviews to mainstream publications, but  he went and talked to Ben Thompson at Stratechery.

46:00

It fits really well with that mindset of —  We're not necessarily institution building, we're going to focus on the power of individuals  who defy institutions.

46:06

And that is kind of an open question that I have about, what will the  long term influence of the tech elite look like?

46:22

Human history tells us that eventually all  individual behaviors kind of get codified into institutions but we're obviously  living in a very different time now.

46:31

And I think the way that the Davos elite  managed to really codify and extend their influence across all these different sectors  was by taking that institutional mindset and thinking about academic institutions  and media institutions, all that stuff.

46:48

If the startup mindset is really inherently  anti-institution and says we don't want to build the next Harvard necessarily, we just  want to blow apart the concept of universities.

47:00

Or we don't want to create a new CNN or a new Fox  News, we want to just fund individual creators to do that same work but in this very decentralized  way.

47:09

Will that work long term? I don't know.

47:09

Is that just a temporary state that we're in  right now where no one really knows what the next institutions will look like?

47:18

Or is that  really an important part of this generation where we shouldn't be asking the question of “How do  you build a new media network?

47:24

”We should just be saying, “The answer is there is no media network.

47:27

We just go to all these individuals instead.

47:27

” Yeah, that's interesting.

47:31

What do you make  of this idea that these idea machines might be limited by the fact that if you're going to  start some organization in them, you're very much depending on somebody who has made a lot of money  independently to fund you and grant you approval.

47:58

I just have a hard time seeing somebody who is a  Napoleon-like figure being willing to live long term under that arrangement.

48:06

The people who  have this desire to dominate and be recognized, who are probably pretty important to any  movement you want to create, will want to go off and just build a company or something  that gives them an independent footing first.

48:25

And they just won't fall under any umbrella.

48:25

Yeah, Dustin Moskovitz, for example, has been funding EA for a really long  time and hasn't necessarily walked away.

48:37

On the flip side, you can see SBF carried a  lot of risk because you end up relying on this one funder and the one funder disappears  and everything else kind of falls apart.

48:52

I don't have any preciousness attached to the idea  of communities lasting forever.

48:52

If we're trying to solve the problem of what did not work well about  501(c)(3) foundations for most of recent history, part of it was that they're just meant to  live on to perpetuity.

49:09

Why do we still have the Rockefeller Foundation?

49:14

Why does that even  exist?

49:14

Why did that money not just get spent down?

49:22

And actually, when John D.

49:22

Rockefeller was first  proposing the idea of foundations, he wanted them to have a finite end state.

49:28

He wanted them to  last only 50 years or 100 years when he was proposing this federal charter, but that federal  charter failed.

49:34

And so now we have these state charters and foundations can just exist forever.

49:38

I think if we want to improve upon this idea of how do we prevent meritocratic elites  from turning into aristocratic elites?

49:49

How do we actually just try to do a lot of  really interesting stuff in our lifetimes?

49:49

It's very counterintuitive because you think leaving a  legacy must mean creating institutions or creating a foundation that lasts forever and 200 years  from now, there's still the Nadia Asparouhova Foundation out there.

50:04

But if I really think about  it, I would almost rather just do really, really, really good, interesting work in 50 years or 20  years or 10 years, and have that be the legacy versus your name kind of getting submerged over  a century of institutional decay and decline.

50:23

If you have a community that lasts for maybe only  10 years and it's funded for that amount of time, and then it outlives its usefulness and it winds  down or becomes less relevant, I don't necessarily see it as a bad thing.

50:35

Of course, in practice,  nothing ever ends that neatly and that quietly. Yeah.

50:42

Who are some ethnographers or sociologists  from a previous era that have influenced your work?

50:51

Was there somebody writing about  what it was like to be in a Roman Legion?

50:56

Or what it was to work on a  factory floor?

50:56

And you're like, “I want to do that for open source.

50:58

” or “I  want to do that for the New Tech Elite.

50:58

” For open source, I was definitely really  influenced by Jane Jacobs and Elinor Ostrom.

51:12

Elinor Ostrom was looking at examples of  common pool resources, fisheries or forests and just going and visiting them and spending a  lot of time with them and then saying, “Actually, I don't think tragedy of the commons is a  real thing it's not the only outcome that we can possibly have.

51:27

” Sometimes commons  can be managed perfectly sustainably and it's not necessarily true that everyone  just treats them very extractively.

51:35

She just wrote about what she saw.

51:35

And same with Jane Jacobs looking at cities as someone who lives in one.

51:41

She didn't have any  fancy credentials or anything like that.

51:41

She was just like, “I live in the city and I'm looking  around and this idea of top down urban planning, where you have someone trying to design  this perfect city that doesn't change and doesn't yield to its people, and  it seems completely unrealistic.

51:56

” And the style that both of them  take in their writing is very… It starts from them just observing what they  see and then trying to write about it.

52:03

That's a style that I really want to emulate.

52:09

Or  just just talking to open source developers.

52:19

Turns out you can learn a lot more from that  than just sitting around thinking about what open source developers might be thinking about.

52:22

I have had this idea of shadowing people who are in a random position just to understand how the  world works.

52:29

They don't have to be a lead in any way.

52:38

Say a person who's the personal assistant  to somebody influential.

52:38

How do they decide whose emails they forward?

52:43

How do they decide  what's the priority?

52:43

Or somebody who's just an accountant for a big company. What is involved  there?

52:48

The line manager at the local factory. Just random people.

52:58

I just have no idea how  these parts of the world work and I want to shadow them for a day and see what happens there.

53:03

This is really interesting because everyone else focuses on the big name figure or whatever, but  who's the actual gatekeeper there?

53:08

I've definitely found that if you just start cold emailing  people and talking to them, people are often surprisingly, very, very open to being talked to  because most people do not get asked questions about what they do and how they think and stuff.

53:27

So you want to help them realize that dream.

53:34

So maybe I'm not John Rockefeller in that I  only want my organization to last for 50 years.

53:39

I'm sure you've come across these people  who have this idea that I'll let my money compound for 200 years and if it just  compounds at some reasonable rate, it'll be the most wealthy institution in the world,  unless somebody else has the same exact idea.

53:51

If somebody wanted to do that, but they wanted  to hedge for the possibility that there's a war or there's a revolt, or there's some change in  law that draws down this wealth, how would you set up a thousand or 500 year endowment?

54:04

Would  you just put it in a crypto wallet?

54:04

If having the most influence in 500 years is the goal,  how would you go about that organizationally? I'd worry much less.

54:19

The question for me is  not about how do I make sure that there are assets available to distribute in a thousand  years?

54:23

Because I don't know, just put it in the stock market.

54:27

You can do some pretty boring  things to just ensure your assets grow over time.

54:34

The more difficult question is, how do  you ensure that whoever is deciding how to distribute the funds, distributes them in a  way that you personally want them to be spent?

54:46

Ford Foundation is a really interesting example  of this.

54:46

Henry Ford created the Ford Foundation shortly before he died and just pledged a lot  of Ford stock to create this foundation and was doing it basically for tax reasons.

54:58

He had no  philanthropic interest or anything like that.

54:58

It's just this is what we're doing to house this  wealth over here and he then passed away.

55:03

Son passed away, and the grandson ended up being on  the board.

55:07

But the board ended up being basically a bunch of people that Henry Ford certainly  would not have ever wanted to be on his board.

55:20

The Ford Foundation ended up becoming hugely  influential.

55:20

I have received money from them so it's not at all an indictment of their views or  anything like that.

55:27

It's just much more of — you had the intent of the original donor, and then who  are all these people that suddenly just ended up with a giant pool of capital and decided to  spend it however they felt spending it.

55:41

The grandson at the time famously resigned because  he was really frustrated and was just like, “This is not at all what my family wanted.

55:50

”  and basically got kicked off the board.

55:55

So if I had a thousand year endowment is that  is the question that I would figure out — How do I make sure that whoever manages that  endowment actually shares my views?

56:00

But also, how do I even know what we need to care  about in a thousand years?

56:07

Because I don't even know what the problems are in a thousand  years.

56:13

And this is why very long term thinking can be a little bit dangerous in this way,  because you're presuming that you know what even matters then.

56:20

Whereas, figure out the most  impactful things to do is just so contextually dependent on what is going on at the time.

56:26

There are also foundations where the donor writes in the charter, this money can only be  spent on X-cause or whatever, but then it just becomes really awkward over time because they're  spending money on lighthouse keepers or something like that.

56:43

And this is just not a thing that  actually really should be the main focus anymore. I don't know.

56:51

I think I would probably try  to figure out a way to somehow select for thoughtful people.

56:57

I wonder if a committee with  short appointment terms, that can run a contest or something to determine who gets to run this  money or distribute this money every generation or something like that. I don’t know.

57:14

I’d have to  come up with something pretty crazy like that.

57:14

But yeah, I think that would be the biggest challenge.

57:18

Yeah, I just started reading the book about the Ford Foundation.

57:25

I haven't gotten  that far but it's so fascinating.

57:29

That raises an interesting question.

57:29

There  is the problem of value drift in charities, but it's a very particular kind of value  drift.

57:32

There's famously Conquest’s second law, that any institution that is not constitutionally  and explicitly right-wing becomes left-wing over time.

57:43

And this seems especially true  of NGOs and charitable organizations. What's the explanation?

57:48

Why does Conquest's  Second law seem true in this arena?

57:53

I’d have to ask Curtis that.

57:53

[Laughter]  I think we can observe that that is maybe what is happening, I don't think  I have an amazing answer to that.

58:09

My best guess if I had to come up with an  answer is I think that there's a set of pacifying social values like democracy, peace,  and freedom, that are very hard to disagree with so there's always this natural drift towards that.

58:29

There is a strong intellectual conservative movement but I think people that love  nuance, where there is no there is no mindless playbook that you can use, the answer is  not always direct democracy or peace or whatever.

59:02

If that's not your guiding star and you are  actually interested in a fair bit of nuance, you're not going to really run institutions and I  say that as someone who is much more on the nuance side.

59:15

But I think the trade off of that is it just  doesn't necessarily have mainstream appeal always because you don't have these really simplified  messages.

59:21

If you think that Institutions need to have simplified messages that they pass  on to people and those simplified messages work much better when they're things that  make people feel good about themselves, you're always going to have that  kind of word drift more or less. Yeah.

59:39

It's like the two monarchs  problem of, you need somebody who's a good director, but then you also need him to be  able to appoint somebody who's a good director.

1:00:10

Next question is, do you  think this new funding for science and thinkers is going to lead to a  resurgence of the gentleman's collar category?

1:00:22

Or has the nature of science just become too  different and science has just gotten much more specialized now that that's no longer possible?

1:00:27

Within the realm of science specifically, the gentleman scientist era, the Charles  Darwin type era, feels a little bit bygone in the sense of there was a lot of  low hanging fruit then.

1:00:46

Science is just so much bigger today.

1:00:54

It is funded in a completely  different way that is unrecognizable from where it was before.

1:00:57

When people talk about problems  in science, they like to romanticize the past, “Why can't we just have it the way that it  was 100 years ago?

1:01:07

” That's probably true for any institutional problem.

1:01:10

There's usually good  reasons why we don't run the way they did before.

1:01:16

I always try to think about, “How do we  actually take the conditions that we're in right now and come up with something new?

1:01:19

” That being said, even if we don't have a return to the gentleman scientist as default  way of doing things in science, there's a ton of room to go from the current  model of how science is funded and the extremely constrained environments that people have  to work in, to giving people a little bit more academic freedom and a little bit  more creative freedom to experiment.

1:01:51

Science doesn't really have any easy answers.

1:01:51

I  spent a bunch of time trying to understand it this summer.

1:01:55

Government funding of science became  a thing right around the middle of the 20th century after World War II.

1:02:07

The way that science  ran before then was that there was very little government funding and very little involvement.

1:02:14

Now the fact of the matter is that most of it is government funded and that just means it's  a completely different kind of ballgame. Yeah.

1:02:25

But I guess then for public intellectuals,  especially if you're making content that is tech adjacent, there's a change in funding  from it's no longer Kevin Kelly's 1000 true fans, but more like one tech billionaire who  likes your work and who will write you a check to investigate it for a year.

1:02:44

What is the consequence  of that kind of change in that you have much more concentrated sources of funding, in terms of what  areas one can focus on and one does focus on, and the ways in which they engage with  their audience and publish their content?

1:03:03

What impact does that have?

1:03:03

I'm pretty excited about that.

1:03:06

I can only really speak within my relatively  narrow tech and tech-adjacent creator world, but as someone who's been independently or weirdly  funded in a lot of ways for a while now, it feels like that was extremely uncommon when I started  and now I meet a lot of people that are like me.

1:03:29

I don't know if that's just because I am meeting  more people like me or if that's really a shift.

1:03:32

But five years ago, even it was hard to identify  a lot of people with that kind of situation.

1:03:41

I think it's really cool.

1:03:41

People talk about — How do we bring back the Medici's?

1:03:45

How do you bring back  this model of patronage?

1:03:45

It's already happening in a lot of ways.

1:03:50

It's just that people don't talk  about it unless they’re being funded on Patreon or have Substack subscriptions or there's some  very legible way to point out how they’re making money.

1:04:00

There's so many people that are just being  quietly funded that just don't talk about it.

1:04:07

I do actually think the model  of patronage is very alive and well right now.

1:04:09

It's just not super obvious.

1:04:09

How do you think about the value of doing podcasts or writing essays?

1:04:21

Should we just be writing  code and digging ditches and doing something else that is more legibly useful to society?

1:04:27

How  do you think about what is the value of this?

1:04:38

I only know how to do a handful of things in  this world so I feel I should be doing the thing that I cannot help myself but do all the  time.

1:04:43

I don't have a very rosy relationship with writing to be perfectly honest. I hate writing. Writing makes me crazy.

1:04:54

I don't find it to be enjoyable.

1:04:59

It's always enjoyable once it's  over but [unclear] that is a little miserable.

1:05:07

You would think, why do you do this thing that  makes you miserable?

1:05:07

It's the thing I know how to do.

1:05:11

I don't think there's anything glamorous  about it.

1:05:11

I don't think there's anything special.

1:05:14

It might not be the best thing to do.

1:05:14

There's  probably more impactful things I could be doing with my time.

1:05:17

But it's the thing I have  to do and I think everyone should just be doing the thing that they absolutely have  to do, whatever that is.

1:05:21

It would make me happy if everyone in the world was just leaning  into their obsession. So that's my obsession.

1:05:34

I don't know how you think about it  but when I think about my own impact, I want my ideas to be heard by people that I think  can do something about them.

1:05:40

So in other words, I care much more about quality than  quantity.

1:05:49

I'm not very active on Twitter.

1:05:55

I don't really focus on needing to reach  some kind of mass mainstream audience.

1:06:01

When I published my book, I told myself,  the people that need to hear about how open source works are people that work at tech  companies, software developers that use open source software.

1:06:10

It mattered less to me that  this needs to be a book that an airport bookstore would print.

1:06:17

With essays and stuff, it's much  more important to me that people whose opinions I care about, read it.

1:06:22

I make my essays public  because I hope everyone reads them.

1:06:22

But when I think about how do I measure my impact?

1:06:29

It's not  how many page views that I get on an essay.

1:06:29

It's more of who ended up talking about it and are  those people that I wanted to talk about it?

1:06:42

And I think people really undervalue that.

1:06:42

My personal pet peeve is that founders are always talking about building and that startups are so  important but what are all of them doing in their free time?

1:06:54

They're reading books, they're reading  essays, and then those books and essays influence how they think about stuff.

1:06:58

It is a very indirect  influence.

1:06:58

You can't have one mouth saying, the only important thing in the world is starting  startups and then at the same time, talk about the cool new book you read at a cocktail party.

1:07:14

Both  those things are important in different ways. Yeah, I totally agree.

1:07:17

I don't want to repeat  myself, because I talked about this on my Byrne episode but we were talking about Robert Caro's  books and one interesting thing is this guy was nominated for a Pulitzer Prize before he wrote  The Power Broker.

1:07:31

He was a top tier investigative journalist.

1:07:37

Can you imagine crunching the numbers  as a top tier investigative journalist at the peak of your career and you're like, “You know what  would be a good use of my time?

1:07:46

I'm going to spend the next seven years, in almost poverty, writing  about this one guy who had a lot of influence in New York.

1:07:55

I'm going to talk to any person who had  conceivably even been in the same room as him or had been indirectly affected by his policies in  any way.

1:08:00

And I'm gonna do that obsessively for the next seven years.

1:08:05

” There's no way the number  crunching would get you there but it's probably been one of the most influential books in terms  of how urban governance is done.

1:08:09

Presidents have praised and read the book and said it changed how  they think about politics.

1:08:15

It is the kind of thing where you wouldn't have gone to that conclusion  just from thinking about it beforehand and this is the most effective thing I could do. Yeah, totally.

1:08:31

You had this recent post about climate tribes  that was really interesting, especially the addendum.

1:08:37

I have noticed this tendency of  writers to hide the most interesting thoughts, in footnotes and addendums.

1:08:44

I'm curious  why that is?

1:08:44

It might be because your most interesting thoughts are digressions that  you feel you have to take out the main text.

1:08:53

But anyways, what I thought was interesting  is that you were comparing climate doomerism to other kinds of doomerism that are yet  to become fully mature.

1:09:01

And I am wondering what are your predictions about the different  tribes that will emerge when thinking about AI, as both capabilities grow and as public  awareness of those capabilities grows? Oh, gosh.

1:09:20

I think it's definitely just too early  to say.

1:09:20

I know that sounds a cop out, but I don't want to say things that I don't feel confident  about.

1:09:27

I had these different tribes that are influencing the climate discourse today, there's  some parallel version of that for AI more broadly.

1:09:48

Right now, I feel AI safety gets really  constrained to MIRI or something very, very specific.

1:09:54

I imagine as AI becomes more  widespread and more people have experiences with it and have opinions on it, then that might  lead to other philosophies forming around that.

1:10:15

The MIRI mindset is equivalent to the doomer  tribe that identified in climate where that is one specific tribe, but there are a lot of other  people that are really interested in climate that don't feel doomery at all, even though that's  the most flashy, media friendly version of it.

1:10:33

Other than saying — as more people interact with  AI I imagine there will be more philosophies emerging there, I think it's still too  early to say what that will be.

1:10:39

AI is still a big mystery box to me right now.

1:10:45

It's  there, but I don't really know what's inside.

1:10:52

Having studied these different sorts of  doomerisms, has it always been true that smart, talented people tend to get a lot of  meaning by working on things that are seen as existential catastrophes?

1:11:09

Or is that a property  of tech adjacent areas or modern tech adjacent areas?

1:11:17

How unique is this sociological phenomenon?

1:11:17

Yeah, I think it is pretty new and that's why it's kind of gnawing at my brain a little bit.

1:11:24

I  think it's really new. Last five-ish years new.

1:11:33

I tried to track this a little bit  and I'm not super confident about it, but there's this one theory around — We used to  have shared, broader narratives that were actually doomer-esque. We had the World wars. We had the  Cold War.

1:11:46

And super smart, talented people that need to be pointed in a direction somewhere,  they are going to go work on those kinds of problems and there's a shared understanding that  we really are saving our country or protecting our country by working on these different things.

1:12:02

After the Cold War, we don't have these deep existential threats anymore so we  have to find them somewhere else.

1:12:16

And that's when environmentalism became much more  alarmist, whereas in the past, it was this niche social cause, it became much more “we need to  save the planet.

1:12:23

” Coming out of World War Two and just manufacturing chemicals, suddenly people are  just grappling with the after effects of that.

1:12:40

But that doesn't explain the last five years  or so, where it's not a weird activist-y thing to work in climate, it can even be a very  boring thing for people to work in climate, but it's all connected to this idea of — this is  the most important thing I need to be working on.

1:12:57

I think in the absence of having some bigger  narrative that is all consuming for everyone, you have to make your own meaning  somewhere.

1:13:02

Again, we talked about writing, I have no defense as to why I write all day.

1:13:11

It's  just what I have to do.

1:13:11

I cannot defend it as the most needle moving thing in the world or whatever.

1:13:18

I don't really relate to this need to have a doomer narrative.

1:13:25

There is no doomer narrative  attached to why I write, I just write because I think it's important and I have questions I want  to answer.

1:13:29

To me, that is how I define impact.

1:13:29

To me, that matches my model of what I think is the  most impactful thing in the world.

1:13:38

If I didn't have that model, then yeah, maybe I would try  to say, “Okay, what is the most impactful thing to be doing in the world that is external  to my own personal curiosity?

1:13:45

” And I think that's where those doomer narratives come from.

1:13:50

I did bury in another footnote at the end of this question.

1:13:56

If we think of  the early 2010s or something, there's this other grouping of industries that  is not doomer-esque but also attracts smart, talented people.

1:14:09

You have advertising,  trading, and playing video games.

1:14:09

There's some shared set of skills across all  those different industries or practices that attracts smart, talented people.

1:14:25

Why do so  many smart, talented people just go into trading?

1:14:30

And I wonder if there's some other similar gravity  well effect there that is also attracting smart, talented people into climate, maybe from a  different crowd.

1:14:36

But I wonder before the last five years, maybe that was where everyone  was dumping into? I don't really know.

1:14:52

Do you have some general theory  of what these gravity wells for talent are?

1:14:55

What connects trading to climate? I don't know.

1:15:00

Maybe they're different crowds.

1:15:00

That's why I just stuck it in a footnote because I was lazy and I was like, “I don't know  what to do.

1:15:06

I need to put it somewhere.

1:15:06

” There's just something about all  these sorts of industries where, if they were starting with a blank slate, they  could be doing anything and for some reason, they just all end up in these non obvious places.

1:15:25

Why are there so many people that end up in trading?

1:15:33

It's just so specific when you really  think about it.

1:15:33

And then same with climate where, depending on how literally you take climate doomer  predictions, but if you don't think the world is going to end in 30 years, then why is everyone  so focused on this one specific thing when they could be working on lots of different things?

1:15:49

In both cases, it feels they kind of flop in there somehow.

1:15:54

I did put in that addendum  about what is the shape of a doomer industry?

1:16:01

I think one of the under-discussed aspects of it  is that it is adjacent to some kind of commercial opportunity.

1:16:05

The reason why everyone doesn't  just go off and work on global poverty is because there's no money to be made in working on that.

1:16:10

But if you think about misinformation and the threat of deep fakes or something upending  democracy, or you think about AI safety, or climate, or whatever, they are adjacent to  commercial industries where you can actually make a real salary and feel relevant to the  business world or whatever, or to all your peers, while still also working on the social cause area.

1:16:29

I don't know if that helps at least somewhat.

1:16:29

And probably the simplest, non-overthinking it  answer for why it is that advertising and trading attracts people is just because you can  make a lot of money in it. And that's simple.

1:16:47

I have one theory about trading and video  games that connects them.

1:16:47

Byrne Hobart, funny enough in another footnote, in a blog post  about SaaS products or something says that one of the positive things about finance might be that  it gives a venting for talented people who just like to play zero sum or negative sum games.

1:17:11

Otherwise they would have been used up in a war but since there's no wars, they would be doing  something else destructive in our world.

1:17:16

And if we can just put them in front of a trading screen and  make them get the microsecond efficiency of some equity market better, it's better than anything  else that could be doing with that mentality. I like that.

1:17:33

There's some parallel with this for  content creators too and I will cringingly put myself in that category.

1:17:42

It's also this grouping  of people where they are kind of just bodies in a room. Again, myself included.

1:17:51

That's what  I'd be doing if not this.

1:17:51

At least there's a way to kind of make money in this but it's a  much more amorphous and non-coherent industry than trading, but different set of people. Yeah.

1:18:01

One philosophy that is not in any of these influential idea machines in Silicon  Valley is religion.

1:18:12

They've been some of the most important ideas in history and yet somehow  they've had very little influence in terms of what kinds of things the new elite is funding  and paying attention to.

1:18:26

Do you think that will change?

1:18:31

Or have we just had a complete change  in terms of what kinds of ideas get promoted? Yeah, TBD.

1:18:36

The new right is bringing at least  some of those underlying Christian religious values back.

1:18:46

Maybe they're not literally  funding churches or something.

1:18:46

But asking, how do we bring Christian values back to public  society?

1:18:52

I think there's a lot going on there, even if it's not explicitly called religion.

1:18:59

Among  elites that are explicitly religious, how are they encoding those values into public institutions?

1:19:10

I think that is sort of happening on that front.

1:19:16

I also just think, if we take a broader view of —  how does religion factor into our day to day life?

1:19:23

I feel people ask this question more than  they need to ask it.

1:19:23

Everyone just says, “Oh, people aren't religious anymore.

1:19:32

They're  not going to church.

1:19:32

They need to find meaning.

1:19:36

How do we create new religions today?

1:19:36

” I feel like people are religious.

1:19:36

They're just religious about different things.

1:19:41

And  that was one of my conclusions with climate.

1:19:46

In the early 2000s, you had Michael Crichton  criticizing environmentalism as a religion and saying it's distracting people from  the science and, maybe we shouldn't treat environmentalism as religion, we  should really get back to the science.

1:20:04

Whereas 20 years later, I think it just is  a religion for a lot of people.

1:20:04

Why not just lean into that?

1:20:10

That is how people are finding  meaning, that is how people are finding community. There's a religion.

1:20:19

We may not literally have  actively practicing Christians in America or something and, there's the question of what  else does religion need to fulfill that it's not through something like climate?

1:20:29

But I also think  that religious practice is very active and around us everywhere.

1:20:34

I don't think I don't think that's  sad or bad.

1:20:34

I think that's just how it's evolved. Yeah, interesting. Okay, final question.

1:20:41

You  have a great blog post about shamelessness as a strategy.

1:20:47

What are you most shameless about  in public?

1:20:47

What is your most shameful strategy? Ooh. I don't know. Oh, man.

1:20:53

I wish  I had a really good juicy answer.

1:21:04

We have to ask someone else that knows me  what I am most shameless about in public.

1:21:09

I guess one property of being shameless is  that you don't even realize it's shameful.

1:21:12

You're so shameless you can’t  even keep track of it that way. Just the fact.

1:21:18

Yeah, I'm sure I have something.

1:21:18

I think I'm a very shameful person.

1:21:18

[Laughs] Yeah, you're gonna have to ask a friend  to tell you what I'm most shameless about. Sounds good.

1:21:41

Okay, Nadia, thank you so  much for being on the podcast.

1:21:41

Tell people where they can find your blog, your Twitter,  anywhere else that they should look for you. My blog is at nadia.

1:21:54

xyz  and I'm on Twitter @nayafia Awesome, Nadia. This was a lot  of fun. Thanks for coming on.