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

geohot.github.io

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

#151
post #88
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.

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

Geohot is a smart dude. But here I think he misses the forest for the trees.

He has a point, certainly. But while he is harping about the U part of ubi, he's completely ignoring the B part. UBI is meant to provide some basic income so people don't starve. It's just an optimization of welfare programs where you have a ton of bureaucracy and make people jump through endless hoops and cause them endless amounts of stress (which is known to make people work less, not more). And replace it by just giving all citizens the same amount.

Yes, that's a bit stupid for the people first paying taxes and then getting them right back again minus overhead costs, but if you think about it: that's what happens now too, only less efficient (in the netherlands, that is) so you pay even more overhead.

On top of that comes the other realization: If the current trend of automating everything continues,we'll ultimately end up with (hyperbole) 1 person owning all the machines doing all the work. That 1 person earning all the money, and (in an ideal case) paying his taxes to give everybody else welfare. Which just is the same as UBI.

In a certain way this already happens now. Most not-too-smart people that used to be gainfully employed as laborer somewhere are now on welfare, and the threshold for not-too-smart could go up rather steeply with the current AI trends.

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

#152
> "The trick is not to play zero sum games."

To be mean, I’d say no—those zero-sum games are always 'positive' for the players, because the people actually foot pay the bill aren't even at the table.

Come on, we live in a globalized reality. Those insulated by the 'Dollar Illusion' don’t even realize that the true costs are being extracted from the rest of the world. These so-called zero-sum games are nothing but a sophisticated machinery of power, meticulously designed to obfuscate the truth.

But those words are just too cynical; it doesn't really make any sense.

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

#153
post #99

Earlier quoted context omitted.

Partake in war

War against someone who wants my society eradicated provides a lot of value to my people.

And much more pain, misery and suffering to people who never wished you anything bad but happen to live on the other side.

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

#154

[dead]

(Added Later :-) )

100% agree with geohot's point on creating value for others and playing the positive-sum game. It is the way. Just a small reminder that sometimes we could worry about the return a tiny bit, as we need returns to verify positive-sum value creation and to scale it.

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

#155
post #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.

Population growth or size has nothing to do.

No matter how much resources a society has, natural selection pushes everyone to keep trying hard to get more, as those that don't end up without resources.

In a society, the fastest way to get resources is to provide something in exchange to other members of the society. The most common thing we have to exchange for resources is work.

From those two things we can see that no matter what society you have or how wealthy it is, people will work as much as they can, or else they get behind in the rat race.

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

#156
Great advice if you want to be old and poor. Yes, there's a chance it works out because you're that good, but there's a chance it doesn't. This doesn't mean do the opposite and only worry about your returns, but strike a balance. The world we live in is not in general a bunch of isolated people in a meritocracy, connections and relationships within your workplace play a huge role. Politics exist. I know a lot of asshats that are highly successful even though pretty useless. Don't be that person, but don't be there for everyone and empty handed in the end.

Better advice would be stay hungry, stay curious, keep learning.

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

#157
post #88

Earlier quoted context omitted.

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

Also: https://geohot.github.io//blog/jekyll/update/2025/02/19/nobo... Apparently if we, the poorer ones, win the war of attrition, the problematic ones that own everything will resign to golf. Or something. Getting financial planning from a lottery winner.

> I dream of a day when company valuations halve when I create a GitHub repo. Someday.

Isn't that exactly what Anthropic did to the SaaS sector? Taking the "I can replace you with a very small shell script" line from BOFH lore (except that it was a bunch of SKILLS.md files, not shell scripts) and making it real.

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

#158
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!

Hey, don't dismiss your intelligence like that!

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

#159

All these feel good articles are very ideal in nature, I feel. Not to be the doomsayer, but without a solid backup of resources (be it money, power or some such thing), I find it hard to imagine to be this 'careless' towards returns. World indeed feels like a Red Queen race.

A couple of other people have expressed similar sentiments here, and I think it's the truth. You have to be in a position to give before you can sustain it reliably and/or reap the benefits from it.

Often though, this position is highly subjective and mental in nature. A homeless man could willingly give his food away, and still somehow be fine with that, if he believes that things will be fine regardless somehow (perhaps he has an alternative source of food, or sincerely doesn't think that skipping food once will set him back forever). At the other hand, someone with a difficult and tedious job that pays well may not feel like they have the time or energy to give without necessarily receiving anything in return, even though they may objectively be in a much better overall position for it.

I guess altruism necessarily requires some other essential basic needs to be in abundance first before it can overflow.

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

#160

Earlier quoted context omitted.

> The real problem to UBI is governments creating income via debt, IMO. The national debt is just a hidden tax on future generations. You're stealing resources from the future (by selling claims to them in advance, that's what national debt is) and spending them in the present. It's justifiable in extreme cases like a war (or perhaps for massive public investments that can't be funded within the existing budget - whi…

This is like suggesting no business should ever borrow to invest.

I feel like government borrowing sometimes and government borrowing more and more every year and never paying it down until the end of time or more likely bankruptcy are two different things
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