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Create value for others and don’t worry about the returns

geohot.github.io

121–130 of 496 posts

Re: Create value for others and don’t worry about the returns

#121

This reads as a typical anti hype article that attracts the people that are fed up with reality. But this framework never works because it's detached from current reality. AI is a big thing and it will eat most jobs weather you call it stupid or you like it.

OK, and that reads like hype, and so we have hype and anti-hype. I suppose when they collide they combine in a energy-sucking implosion.

Re: Create value for others and don’t worry about the returns

#122
post #40

It's easy to create value for others and not worry about returns when you have enough money to not worry. Unfortunately for most people, there's plenty of companies willing to take the returns and leave you paycheck to paycheck. That's literally what they are optimized to do. I don't even disagree with the ideal, but I think a prerequisite step to this philosophy is UBI.

As long as the global population is still rising, they will be carnage between competitions. The author and many others might be foresee the (near) future where the global population start declining, maybe then, we can do things just because we can.

Re: Create value for others and don’t worry about the returns

#123
post #40

It's easy to create value for others and not worry about returns when you have enough money to not worry. Unfortunately for most people, there's plenty of companies willing to take the returns and leave you paycheck to paycheck. That's literally what they are optimized to do. I don't even disagree with the ideal, but I think a prerequisite step to this philosophy is UBI.

Not just if you already have enough money, but it's easy to say if you're as smart as Geohot. For those who aren't, (I'm not), creating that kind of value isn't just hard, it's impossible!

Re: Create value for others and don’t worry about the returns

#124
post #90

Earlier quoted context omitted.

Only if you're stuck in the comparison trap. The point isn't to compete about who can offer more value - the point is simply to offer more value (or create more value) than you consume. That's it. What others do is actually irrelevant to the argument. If what you are good at can be easily automated... be curious, grow, and get good at other things you can provide more value in. These are usually adjacent to what you'…

> What others do is actually irrelevant to the argument. If I used to provide some value X in a day, and that was enough to cover my consumption for the day, but now others are providing the same value X in 5 minutes, it will not be enough to cover my consumption for the day anymore

Sure, but we are not talking about evaluating your contributions daily. Over a lifetime, people find new ways to provide more value. Life is long, and that is how adapting works.

We don't all sit at typewriters anymore either, but former typists found other ways to provide value, I'm certain, and didn't just disappear and become homeless (the vast majority of them, anyway).

Once upon a time, we had armies of secretaries that secretly (well, not so secretly) were the backbone of every institution. We don't have that anymore either, since computers replaced many of them.

Computers were originally people. They also got bested by new technology.

None of those people disappeared or became destitute; they adapted, and they found new ways to create more value. (Or, it's possible some ended up working for rent-seeking corporations, which is a different point)

Re: Create value for others and don’t worry about the returns

#125
post #87

Earlier quoted context omitted.

You misunderstood. All geohot is saying is the same thing Scott Galloway constantly says - your job is to create surplus value. Provide more value than you take, over your lifetime, not over any specific one period, either. The argument is that if you do that, returns will naturally come your way. The issue is that many people never provide surplus value at all; some can't, and that is obviously completely acceptable…

I wish that argument was trivially true. Yet we see tons of disadvantaged people working the real tough jobs helping the elderly or sick and they are getting precious little in return. And to a lesser degree, I have been doing nothing but providing value. All my projects are free/libre, yet returns have not come my way at all. In fact people who could make returns come my way, for example by offering me a job that I…

The "real tough jobs" pay little because the marginal job of that kind does not really create that much value. That in turn happens because the most disadvantaged tend to crowd into these jobs, to the neglect of other, more value-creating activities - yet another issue that might be handily addressed by UBI.

Re: Create value for others and don’t worry about the returns

#126
post #19

Earlier quoted context omitted.

Problem is that "others with AI" aren't producing what I consume, i.e food, heat, clothing, housing and health care. They're just producing what I produce, i.e software.

That’s fine. New opportunities to provide value will emerge. If software becomes oversupplied, fewer people will enter that field and move to other areas where value is needed. If you only want to add value in the software space, then yes, it may be a problem.

If now only everyone who is talented at crafting software (or any other job that might be replaced), but who is out of a job could magically be as talented at something else, and enjoy doing that other work, then we would have no problem. But one issue is, that often significant time goes into becoming good at what one does. Switching has a very high personal cost in terms of time and having no income for a prolonged time.

Re: Create value for others and don’t worry about the returns

#127
post #88

Earlier quoted context omitted.

https://geohot.github.io/blog/jekyll/update/2026/02/27/the-i... from the same author

Ah, well... TIL to not take anything geohot writes seriously in the future.

Alternately, he's right and you're wrong.

Re: Create value for others and don’t worry about the returns

#128

As others have said, it's a very optimistic view that can be infuriating to read when you are struggling to pay your bills. I'd also argue it's not very effecicient : we are at our best when we have deadlines and clear targets to reach, and making money to pay the bills can be a very motivating one to stop procrastinating !

I think the author might argue, that simply becoming more efficient at creating a rent-seeking mechanism is not beneficial. No matter how well motivated you are to improve your zero-sum game skills, it's still zero-sum.

Or something like that.

Re: Create value for others and don’t worry about the returns

#129
post #40

It's easy to create value for others and not worry about returns when you have enough money to not worry. Unfortunately for most people, there's plenty of companies willing to take the returns and leave you paycheck to paycheck. That's literally what they are optimized to do. I don't even disagree with the ideal, but I think a prerequisite step to this philosophy is UBI.

money is a judgement of value to society and a motivator to only allocate work in a useful way.. wouldn't UBI, even if coupled to actually producing _something_ will lead to a lot of useless stuff being made?

We as a society would profit from not categorizing everything in terms of its usefulness. Things can and should be allowed to just be. That being said, UBI would probably result in more useful things not less. There are so many cases of jobs and things that seem to just be busywork or outright scams. There are also a lot of things that only appear useful if you never take the time to think about them. A plastic straw that will pollute the environment for thousands of years just so i can have a drink for two minutes? That is useless. Every street in every city being lined by cars that don't move for 95% of the time? That is useless and insane. Imagine what marvelous machines we could have built instead.

Also, I find the online discussion around UBI to be quite weird. I don't think anyone serious is advocating for it to be particularly high. In my opinion, UBI should cover your necessities plus some so you can participate in society. This gives everyone the opportunity to take it slow or focus on personal projects without fear. Everything luxurious can not, and should not, be affordable with UBI. This will leave ample opportunity for people to still care about and want to work.

Humans will always do. It is in our nature. But not letting people get homeless or starve to death might enable those of us that don't want to do what our overlords deem useful to do the things our society so desperately needs. I don't need some poor fool to cook my burger for me. I'd rather take turns with my friends that now have free time.

Re: Create value for others and don’t worry about the returns

#130
post #52

Just join the right "communities" or else it might have very different results. A toxic community can exploit you (even if you make more value than you consume).

True, creating value isn't sufficient. But if you're creating value, you don't need that community; that community needs you. That doesn't mean it'll be easy to leave nor that you won't lose a lot by doing so, but it's better than being a leech. Leeches can only survive by finding another victim to suck blood from, and at some point that merry-go-round is going to run out of horsies. Pardon the mixed metaphors.

Philosophically, I agree, but in reality there are so many leeches, who take take take, their whole life, and in the end they are often better off, materialistically than the people, who provided the actual value.
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