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What the Hell Is Going On? Effects of Information Abundance

perell.com

11–20 of 232 posts

Re: What the Hell Is Going On? Effects of Information Abundance

#12
This is a long, well thought out just-so story with graphs that ends concluding that the world is in chaos because there are more media channels than there used to be. Which is maybe true for some value of "true", but this is largely an empty essay.

The book that he references a few times, Revolt of The Public is pretty good though.

Re: What the Hell Is Going On? Effects of Information Abundance

#14
post #4

It's pretty simple in my book and is why I expected Trump to have a good chance of winning the election. Both Trump and AOC are populists. They care less about what's factually true and more about whats emotionally true. Politics is not about being factually correct. You can be correct but still not have it your way. This is what Trump knew. Perception is reality. That's why it never make sense to judge a politician…

[flagged]

Re: What the Hell Is Going On? Effects of Information Abundance

#15
post #6

For anyone just skimming comments - this is a very well written, well researched, thoughtful, and objective piece. That's pretty rare in today's climate. Definitely worth the read. It's the first time I can remember signing up for a newsletter voluntarily, despite my general distaste for those types of popovers.

The introduction's tacky and condescending tone lost me. Does it get better?

Re: What the Hell Is Going On? Effects of Information Abundance

#16

Argument of why you should not read this article: Higher Education Excerpt: "Education flows down from the needs of employers. Companies outsource their recruiting efforts to universities, who gauge the quality of applicants on their behalf." Employers who do not pay a single penny in tax? Who game the labor markets to keep salaries low? Employers who are nothing but a ponzi scheme where the people who make most mone…

This comment makes no sense.

You say we shouldn't read the article because he asserts that educations flows down from the needs of employers. Your refutation of this point is that some companies don't pay as much tax as you'd like them to.

How does that follow?

Re: What the Hell Is Going On? Effects of Information Abundance

#17
post #4

It's pretty simple in my book and is why I expected Trump to have a good chance of winning the election. Both Trump and AOC are populists. They care less about what's factually true and more about whats emotionally true. Politics is not about being factually correct. You can be correct but still not have it your way. This is what Trump knew. Perception is reality. That's why it never make sense to judge a politician…

"Populist" is such a cop-out euphemism. We should call them out for what they really are: demagogues.

Re: What the Hell Is Going On? Effects of Information Abundance

#18
post #7

Great distillation of the internet's effect on business, education and politics. Perell references Martin Gurri and Ben Thompson throughout. Going to dig in to Gurri as I'm not as familiar. Alex Danco's series on Understanding Abundance is probably a good reference point as well.

I agree. I just came across Alex Danco’s blog and it is very good overall. I can’t help to think though that he has flipped the cause and effect of why distributions have changed. My feeling is most of his examples are the result of an increasing wealth gap, and not the other way around. You can afford nyc, a $2000 phone, etc. or you can’t.

Re: What the Hell Is Going On? Effects of Information Abundance

#19
post #9

[flagged]

The Trump family are not likely criminals, they are criminals, guilty of perjury before congress (Jared), violation of the emoluments clause (Trump), intimidating witnesses (Trump), interfering with the AG (Trump), collusion with the Saudis (Jared), bribery (Trump), adultery (Trump), assault (Trump on his 1st wife).

The only thing which is not out in the open (though highly likely to be at some point) is collusion with foreign powers like Russia.

Re: What the Hell Is Going On? Effects of Information Abundance

#20
post #4

It's pretty simple in my book and is why I expected Trump to have a good chance of winning the election. Both Trump and AOC are populists. They care less about what's factually true and more about whats emotionally true. Politics is not about being factually correct. You can be correct but still not have it your way. This is what Trump knew. Perception is reality. That's why it never make sense to judge a politician…

People can downvote you, but that doesn't make what you're saying any less true. Analysts agree that Trump used these sorts of tactics to win the election.
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