"An example from Ogilvy Vice Chairman Rory Sutherland: If you’re a top executive, turning up to work on a bicycle is a high-status activity because it was a choice and not a necessity. But if you work at Pizza Hut, turning up on a bike means you can’t afford a car." This tidbit reminds me of a similar anecdote (that my experience aligns with) re: the modern upper class that wearing a $2k Rolex or driving a $70k BMW i…
> wearing a $2k Rolex or driving a $70k BMW is frowned upon. But instead they have eccentric "hobbies" requiring $10ks of of equipment, inclusive of "needing" $10k viking stove/range, and $10k subzero fridge/freezer in your kitchen because you are a "foodie" […] Isn’t this conflating status signal with lifestyle? The wealthy have always enjoyed expensive lifestyles and hobbies. In and of itself, expensive hobby equip…
Be wary of imitating high-status people who can afford to countersignal
261–270 of 651 posts
Re: Be wary of imitating high-status people who can afford to countersignal
#262Earlier quoted context omitted.
Most of this is unconscious for the general population, the consequence of mimicry + social cues + emotional rewards. The person who shows up to Pizza Hut on a bicycle isn't thinking about social status consciously. Instead, they get slightly pitying looks from coworkers, which make them feel slightly inferior and ashamed, which makes them not do it again. The top executive who shows up on a bicycle gets no such feed…
> Instead, they get slightly pitying looks from coworkers, which make them feel slightly inferior and ashamed, which makes them not do it again. No they don't! Is my point. This is almost entirely a story made up by this bizarro world of smart people who think themselves into circles (and aren't working at pizza hut). Nobody cares how someone gets themselves to their job at pizza hut; the other people working there a…
Re: Be wary of imitating high-status people who can afford to countersignal
#263> In contrast, children will copy every single action, including the unnecessary ones. The example that immediately springs to mind, in the tech industry, is the "Steve Jobs Asshole" archetype. Steve Jobs was a notorious manager, in that he made heavy-duty demands, did not suffer fools, and was blunt to the point of abusive. But he was also able to filter for talent, cultivate it, and encourage excellence. He wasn't…
The Steve Jobs example I immediately think of when talking about imitating unnecessary behaviors are all the people who started dressing like Steve Jobs. Elizabeth Holmes and Mark Zuckerberg come to mind as people who did this in an obvious way. But the 'asshole boss' or authority figure archetype is an old one, from long before Steve Jobs, and it can be an effective motivational tool, although many of us, myself inc…
Re: Be wary of imitating high-status people who can afford to countersignal
#264Earlier quoted context omitted.
Doing something for pure status signalling is considered crass. Expensive hobbies are not. I think they should be, but they're not.
Exactly. To me, a $500k unnecessary renovation throws more money away than a $70k vs $40k car. At least with the car you are likely getting safety features and extensive sensor suites for driver assist for the money, that have tangible impact on your driving experience. Or Spending 5-10x on a $10k appliance where a $1-2k one would do. These people tend to get the whole set, so it's a good $30-40k worth of kitchen app…
Re: Be wary of imitating high-status people who can afford to countersignal
#265Earlier quoted context omitted.
I bought a fake "Rolex" in Thailand, for $10. It actually didn't work very well. I guess there's a hierarchy even among the fake.
Back in the 1990s my dad's oldest brother went to the outskirts of NYC and was really impressed with the fake "Rolex" he bought. My mom was indignant about it because she sold men's clothing for a living and could tell you exactly how a fake Tommy Hilfiger shirt was worse in so many ways than a real one. Two weeks later the watch stopped running. Around the same time, though, my mom's youngest brother was driving on…
I don't get what this has too do with the fake rolex.
Re: Be wary of imitating high-status people who can afford to countersignal
#266As always, context is everything. Not all countersignals are that costly. For example, casual wear is common among devs. This signals that our skill set is valuable enough that we don't need to comply with corporate dress codes. Sometimes someone from a poor background turns up in a suit - for example, we had a QA guy who did, having converted from some previous career via a short course. Sometimes new grads come to…
And then there's Vint Cerf.
Re: Be wary of imitating high-status people who can afford to countersignal
#267It was at the "fashionably late" example where I started wondering if this chronicler of human behavior was themselves human, since arriving late to parties has very little to do with status and much more to do with not wanting to be one of the uncomfortable first or second guests. Late arrival is an expectation at ordinary parties, not a privilege.
Re: Be wary of imitating high-status people who can afford to countersignal
#268I was at a small dinner party recently and one of the guests arrived in a three wheel golf cart kind of thing. His other car is an orange Lamborghini Huracan. He got a degree in poli sci or some other liberal arts thing, but played in tech sales and eventually sold a gaming company to Google and has now worked with Google for several years. The conversation turned toward advice to our kids (everyone is 45 to 55 and h…
Re: Be wary of imitating high-status people who can afford to countersignal
#269Earlier quoted context omitted.
I am into collecting slightly obsolete audio gear, I've spent maybe $600 on the hobby in the last six months. I know some people would think $120 is a lot for a minidisc player since you can get a flash player for so much less. Other people would think it's a trivial amount of money. Like all these things it comes in multiple scales: back in the day there were people who would spend 50x that on audio gear (there are…
I love & miss minidiscs :-D
I started watching Techmoan and similar YouTubers. I have some nostalgia for compact cassettes and saw a video where they used a Dolby S deck and metal tapes and made very good recordings... Hardware like that came in around the time I was in grad school and went into a hole so it was "better than I remembered". There are Dolby S decks on the market for prices that seem within reach but the metal tapes are like $40 a piece now.
Optimal cassettes might sound as good or better than minidisc but rewinding is a hassle. They still make cassette decks and tapes but they are much worse than what was made 30 years ago. With NetMD you can record audio from your computer to a MD the same way you do with a computer which is easy: there's something to say for media that let you record your own music so you aren't stuck with what got released on SACD or can find on vinyl (which isn't too bad.)
It still seems silly when I've got several devices in my backpack usually that can play music including the Tracfone I use for emergencies.
Re: Be wary of imitating high-status people who can afford to countersignal
#270Earlier quoted context omitted.
>the modern upper class that wearing a $2k Rolex or driving a $70k BMW is frowned upon. There was a time, not that long time ago in which good clocks were expensive and expending 2ks on a good clock was similar to expending 2k on a laptop today, a functional, reasonable decision. My uncle earned a much more expensive Rolex than 2k in a Golf tournament and wearing it nobody believed it was genuine, even a watchmaker c…
Technically a Rolex, however expensive, will always be much worse as a watch than a 20$ Casio. But recently there's another aspect to this: there are now watches that are technically (mechanically) identical to rolexes. Same design, same mechanics, virtually impossible to tell the difference when you tear it apart. Rolex has always been more about marketing (artificial scarcity, waiting list etc) than mechanics, but…