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The Passion Economy and the Future of Work

a16z.com

21–30 of 92 posts

Re: The Passion Economy and the Future of Work

#21
post #11
post #6

Yeah, I’d like to see median earnings numbers here. Passion is great for hobbies. Passion should not be an ingredient or path to being a good employee or being a good citizen. Rigor yes, dedication, sure. Passion (I.e. suffering as it were), no, no that is that companies who want to milk you tell you, of managers who want to extract more from you and away from work life balance say. Sorry, but no.

I think “passion” and the rise of startups the past decade are correlated, there is the cult of passion converted into “culture” as a lure. It appeals greatly to younger employees. The economic state and money looking for more money is fuel for the “passion culture lure”.

I believe (as do many others) that they've got the causation backwards; you don't search for work you're already passionate about, you grow passion by doing meaningful work that is deeply rewarding.

I read most of the post with the viewpoint that the author had a vested interest in a very specific interpretation of what's essential the story of the internet: the long tail. I see no evidence that the entire market for any of the examples has exploded in total value, which to me means we're just seeing a shift in delivery channels. Traditionally authors all made very little while a few best sellers took the majority of the money, same with musicians. If the new currency is audience, consumption or some other metric why does that indicate the fundamental distribution has changed?

Re: The Passion Economy and the Future of Work

#22
post #11
post #6

Yeah, I’d like to see median earnings numbers here. Passion is great for hobbies. Passion should not be an ingredient or path to being a good employee or being a good citizen. Rigor yes, dedication, sure. Passion (I.e. suffering as it were), no, no that is that companies who want to milk you tell you, of managers who want to extract more from you and away from work life balance say. Sorry, but no.

I think “passion” and the rise of startups the past decade are correlated, there is the cult of passion converted into “culture” as a lure. It appeals greatly to younger employees. The economic state and money looking for more money is fuel for the “passion culture lure”.

I think it’s not far off comparing them to the hong wei bings [紅衛兵]. They were enthusiastic but ultimately a means to an end, though the ends differ. Still, it was opportunistic and the opportunistic utilization part wasn’t disclosed.

Re: The Passion Economy and the Future of Work

#23

Selecting a few outliers and calling it a “trend” is ridiculous. Honestly I wish there was a stricter policy on HN for posting corporate content marketing puff pieces. These a16z blog posts do nothing more than hype companies in their portfolio.

Well they have to do something to make up for their continued decline in performance. You don't get to stay the industry darling by living on your historical record forever...

Re: The Passion Economy and the Future of Work

#24
post #14

God I hate this stuff. It preaches the wrong ideas to people and then screws them up for life. We need to think less about “the future of work” and think more about “the history of work”. What people need to embrace is the Discipline Economy. It’s simple. Find something that is of value to society and pays enough, then work everyday to be better and better at it until you reach your maximum potential, and you will be…

Work hard? Incremental progress? Contribute to society?

How can you possibly hope to disrupt work with these types of values?

Re: The Passion Economy and the Future of Work

#25
post #16

They need to talk about the network effect, and where the power is centered here. Hint - its not with the content creators, nor the users. Its the platform. Its the rent-seeking behavior on the part of the platforms that causes every entry in this space to rise when there's investment money, and then fall when they have to start making the money back and implement creator and user unfriendly mechanisms. Then the cont…

> Most everything these platforms do is available off the shelf - the differentiations don't actually matter Except, often critically, the very network effect that those platforms help foster. Try self-hosting a viral video and see how far it gets you. It's much harder to break through. This very discussion is taking place on a platform that focuses a network effect for a very specific but sizeable audience. How woul…

People post external links in social media all the time. You don't have to be where people start, you can just be where people end up.

Re: The Passion Economy and the Future of Work

#26
Complete and total nonsense. "Passion" is a buzzword meaning work for free until we deem you worthy of payment - and that time frame keeps getting longer and longer as the race to the bottom in labor keeps happening. NAFTA was a prelude to the internet revolution. Like programming? Well, someone living where rent is a tenth of yours can do it better than you. Enjoy poverty!

Re: The Passion Economy and the Future of Work

#27
post #10

Whenever you gauge the performance of any activity, there is a bell curve distribution of ability. A very small portion become superstars and a majority fall somewhere in the middle, this is a natural phenomena. What these platforms have allowed to happen is allowed individuals to capture more of the value they individually produce, with the result being these creators with abilities to perform BEYOND the average do…

generally these types of activities don't actually follow a bell curve but a power law where a very tiny population reap the vast majority of the rewards and everyone else shares the scraps, trailing off and approaching zero. Think 10 YT videos get 10 billion views and the rest share a billion, with the mean being somewhere close to zero

Re: The Passion Economy and the Future of Work

#30
post #25

Earlier quoted context omitted.

> Most everything these platforms do is available off the shelf - the differentiations don't actually matter Except, often critically, the very network effect that those platforms help foster. Try self-hosting a viral video and see how far it gets you. It's much harder to break through. This very discussion is taking place on a platform that focuses a network effect for a very specific but sizeable audience. How woul…

People post external links in social media all the time. You don't have to be where people start, you can just be where people end up.

Almost every social media platform now has its own video hosting service, and that is the service privileged with automatic-playing or otherwise friction-free playing video content. As a result, on, say, Twitter or Facebook, the videos that get the most virality are the ones being hosted natively on that social network's corresponding video platform.

I agree with you that it would be better if everyone self-hosted and was able to charge what they wanted. I think it may be more realistic to hope for more platforms—competing with each other—to whittle down the rent they are able to seek from the creators that bring them value. Make them compete for the content creators. And, if they grow too unwieldy, regulate them (or threaten to) so that they set reasonable ground rules.

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