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Value is created by doing

blog.samaltman.com

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Re: Value is created by doing

#111
post #92

Earlier quoted context omitted.

I am of the opinion that "ideas are nothing, execution is everything" grows in part out of the lack of adequate language and mental models to distinguish amongst ideas of the armchair politician variety and ideas with legs. There are some words to distinguish such things, like hypothesis and theorem, but they mostly don't apply in the realm of business. I have been trying to sort out how to do a post on that very top…

That is very well put. I am often amazed what a big difference certain ideas make it possible to build complex things quickly and with low amounts of bugs. For example building a parsing subsystem "properly" as taught on compiler courses vs haphazard combination of regexps. It is mentally much more demanding, and requires more effort up front, but then to your surprise, every change you make just works almost immedia…

Thanks to everyone who replied (or upvoted me). FYI, I am going to try to start exploring these ideas here:

http://dorintheflora.blogspot.com/

Re: Value is created by doing

#112
post #89

Earlier quoted context omitted.

This is an incredibly important point. I think when people talk about "universal basic income", the traditional narrative concerns the social injustice of poverty, hunger, etc. For me, all I really want is the space to work on the projects I care about and learn the skills to let me accomplish my goals. For now, it looks like I'm going to be working for a while to pay off my student debt and save money before I can e…

I think the aristocratic wealthy (i.e., wealthy people who are wealthy because they use their wealth to make more wealth, not create value themselves) have created a societal structure where it's difficult to create a basic income scheme, both politically and logistically. The idea that people should be allowed to work on their own projects but is funded by "others" (say, via taxes) is made to look like leeching off…

+1 from the communists (if you don't mind that) :)
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