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Elite Underproduction

troynikov.io

11–20 of 297 posts

Re: Elite Underproduction

#11

Earlier quoted context omitted.

Thiel is right wing but definitely not libertarian.

Isn’t Thiel essentially anarcho-capitalist? So pretty far right and extremely (in the literal sense) libertarian. EDIT: anachro->anarcho

Thiel's hawkish military (and self-interested, given Palantir's contracts with Defense) positions on China probably put him outside of the pale of "normal" libertarian politics.

Re: Elite Underproduction

#12
Cool, very interesting reading.

Does anyone know a good resource rich details the change in job demographics over time for different nations? (Possibly just my google fu escapes me today)

Re: Elite Underproduction

#13

Earlier quoted context omitted.

Thiel is right wing but definitely not libertarian.

Isn’t Thiel essentially anarcho-capitalist? So pretty far right and extremely (in the literal sense) libertarian. EDIT: anachro->anarcho

Anarchism-capitalism isn’t a exactly a right wing ideology. It’s really only useful to think of it that way in comparison to the traditional anti-capitalist flavors of anarchism.

Re: Elite Underproduction

#14
post #5

The "academic meatgrinder" ignores the fact that a plurality of top PhD and MS programs' students are international, usually from Europe, India or China. There are deeper issues at play - like the fact that American K-12 schools often have an anti-intellectual culture and American culture as a whole does not place sufficient emphasis on doing well in school.

I'm not sure your evidence makes the point you intended. The academic meat-grinder is the best way for those international students to get visas.

Re: Elite Underproduction

#15
> In the long run, creating more understanding of the physical world is probably more universally valuable to human flourishing than the far more parochial 'make money number go up'

Citation needed.

Moreover, dedicating resources to finance can be seen as dedicating resources to better dedicate resources.

(I upvoted the article since it's interesting stuff)

Re: Elite Underproduction

#16
post #5

The "academic meatgrinder" ignores the fact that a plurality of top PhD and MS programs' students are international, usually from Europe, India or China. There are deeper issues at play - like the fact that American K-12 schools often have an anti-intellectual culture and American culture as a whole does not place sufficient emphasis on doing well in school.

I can't help but wonder if the current economy, with all its inequality and disproportionate rewards for the highly skilled, is a necessary step on the path towards changing the anti-intellectual US culture. You get more of what you reward and less of what you don't. It's not always a pleasant truth, but it's a powerful one.

Calling it a “step” implies moving in that direction. But the problem in America is that the counter-movement against “anti-intellectualism” is just as anti-intellectual. More people are going to college, but they’re not majoring in math and science. We have an ever expanding ecosystem of non-rigorous *studies fields. These are arguably even less valuable than the cultural norms of Bible-thumping small towns. At least the latter has demonstrated itself as a framework capable of socially supporting communities of people who build things. The former has no track record whatsoever.

You can see this exemplified in the fact that, even as we are mocking people for not going to college, we are lowering academic standards and getting rid of gifted programs: https://www.teachforamerica.org/one-day/opinion/stop-elimina.... It’s magical thinking on all sides.

Re: Elite Underproduction

#17
post #5

The "academic meatgrinder" ignores the fact that a plurality of top PhD and MS programs' students are international, usually from Europe, India or China. There are deeper issues at play - like the fact that American K-12 schools often have an anti-intellectual culture and American culture as a whole does not place sufficient emphasis on doing well in school.

I don't really think the connection you're trying to draw follows immediately. There are very strong domestic students, probably enough to fill all the top PhD programs. The calculus for pursuing a PhD is different if you're a domestic vs international student. If you're international and want to move to and eventually live in the US, where some of the highest paying jobs in the world are available, then first getting into a well regarded graduate program, which will attract potential employers, coming in on a student visa and then getting an employer to sponsor an H1B is a pretty good strategy. If you're already a top student in the US at a top university, you already have access to those employers and intend to stay in the same country long term, so the opportunity cost of going to graduate school is so much higher.

Re: Elite Underproduction

#18
post #16

Earlier quoted context omitted.

I can't help but wonder if the current economy, with all its inequality and disproportionate rewards for the highly skilled, is a necessary step on the path towards changing the anti-intellectual US culture. You get more of what you reward and less of what you don't. It's not always a pleasant truth, but it's a powerful one.

Calling it a “step” implies moving in that direction. But the problem in America is that the counter-movement against “anti-intellectualism” is just as anti-intellectual. More people are going to college, but they’re not majoring in math and science. We have an ever expanding ecosystem of non-rigorous *studies fields. These are arguably even less valuable than the cultural norms of Bible-thumping small towns. At leas…

The *studies folks are complaining loudly and bitterly of their debt and not having cushy jobs handed to them on a silver platter. In principle this should encourage future students not to take those paths.

I agree that I don't like the direction we're headed, but hopefully the natural consequences of that direction will encourage people to revisit their ideological assumptions.

Re: Elite Underproduction

#19
post #5

The "academic meatgrinder" ignores the fact that a plurality of top PhD and MS programs' students are international, usually from Europe, India or China. There are deeper issues at play - like the fact that American K-12 schools often have an anti-intellectual culture and American culture as a whole does not place sufficient emphasis on doing well in school.

That’s because of visas. In the US you can study CS at a good school now and make $200k straight out of undergrad. Makes a technical PhD a lot less tempting
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