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Learning not to trust the All-In podcast

passingtime.substack.com

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Re: Learning not to trust the All-In podcast

#51

Post by aerhardt »

Centigonal wrote: post #3

There was the opendoor ipo, there was Jason Calacanis "sharpening the knives" ahead of the Twitter acquisition, there was what David Sacks did to Zenefits, and there's more. People are going to keep trusting these guys, simply because they have a hard-on for charismatic people with a lot of money, an extremely short memory, and refusal to believe that they will be the next ones to be scammed.

I didn't know about any of these incidents, but I could never listen to the podcast because they all sounded like a bunch of douchebags to me.

Maybe sometimes there's an evolutionary advantage in prejudice?

Re: Learning not to trust the All-In podcast

#52

Post by seanmcdirmid »

ks2048 wrote: post #50
bongodongobob wrote: post #28

Earlier quoted context omitted.

They won't be shocked, it's literally what they wanted and why people voted the way they did. You can't just blame corruption or something anymore. It's what people want.

I think lots of voters want "let's deport all illegal immigrants!" I think they would be shocked if they understood what kind of operation it would take to deport 15 million and what the side effects would be. For comparison, the entire (huge) prison population is 1.9 million. I think some terrible things will happen to immigrants (and people suspected of being immigrants), but this scale doesn't seem possible and wi…

Maybe they should just do what Canada does and have really high civil/criminal penalties for employing illegal immigrants (so no job, they just go back because no work)? The problem is that a lot of farmers, hotel owners, and people who work construction projects vote Republican also, so it seems like that will never happen in the US.

Re: Learning not to trust the All-In podcast

#54

Post by MaxfordAndSons »

Incidentally: Chamath plays a fair amount of high stakes poker recreationally, including on various streams and/or filmed poker content. I forget if it was on twitter or a Reddit AMA or what, but he once gave a blurb about what he had learned playing the game for some time, and he said something to the effect of "Poker is a fundamentally defensive game", which is an absurd statement. There is no strategic bias towards offense or defense in poker, there is only EV maximization, which you would think a VC would be able to wrap their head around, but he has managed to fundamentally misunderstand the game.

Re: Learning not to trust the All-In podcast

#59

Post by digdugdirk »

olix0r wrote: post #24
schnable wrote: post #11

Earlier quoted context omitted.

I find these guys are pretty insightful when discussing tech and VC news. The politics talk is awful. Chamath is a lightweight who doesn't know anything about how our government works but speaks confidently -- I remember one time he was talking about how raising the debt ceiling will allow the President to spend more money. Sacks is a partisan hack who will spin everything as a positive for Trump and MAGA politics. T…

"Briefly stated, the Gell-Mann Amnesia effect is as follows. You open the newspaper to an article on some subject you know well. In Murray's case, physics. In mine, show business. You read the article and see the journalist has absolutely no understanding of either the facts or the issues. Often, the article is so wrong it actually presents the story backward—reversing cause and effect. I call these the "wet streets…

It's fascinating that Michael Crichton would have a quote like that when he's been guilty of falling into the same trap himself. It really shows how difficult it is for the human mind to have perspective on itself.

Re: Learning not to trust the All-In podcast

#60

Post by xmprt »

tailspin2019 wrote: post #34

All-In is one of the few podcasts I listen to where I don’t exactly like the hosts and disagree with a high percentage of what they say. But I find them interesting, and their recent shilling for Trump gave me a bit more of a nuanced insight into what they see as Trump’s strengths. I take everything they say with a huge grain of salt. It is incredible how confidently they talk about certain topics where it’s clear ev…

> I think it can be good to listen to people you don’t agree with every so often

I 100% agree. However I don't think it's valuable to get information from people who misrepresent data like All-In. In fact it can be counterproductive to listen to people who are misinforming you. If I can't trust my sources then it hurts more than it helps. This goes the other way too - you should fact check the people who are on your side. In my experience though, when I try sampling new content from people who are biased towards Trump, it's easy to find hypocrisies and misinformation.

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