Earlier quoted context omitted.
Yes, this was the opinion I came here to post, certainly my own profession of law is like this, at least where I practice in Toronto Canada but I can't imagine other places being much different. I think one advantage of computers is that what you produce at the end has to work - and if the code doesn't work or you don't know what you're doing, you're quickly exposed as a fraud. This is not the case in other fields li…
> I think one advantage of computers is that what you produce at the end has to work - and if the code doesn't work or you don't know what you're doing, you're quickly exposed as a fraud. Is this actually true? You can bullshit coding...
So much of academia is about connections and reputation laundering
71–80 of 223 posts
Re: So much of academia is about connections and reputation laundering
#72Earlier quoted context omitted.
> a slight incentive to favour theories that increase government control of industry I think you have this the wrong way around. Mainstream economic theory (the neo-liberal kind) actually leads to the control of government by private capital. What you will see coming out of the top schools (especially Chicago) but many others too is theory that pushes for de-regulation, privatization, free flow of capital, laissez-fa…
>Great concentrations of wealth are built and maintained by keeping capital ownership in as few hands as possible That's a tautological and zero-sum way to look at it
Regarding the 0-sum aspect, I don't know how else you can look at it. Ownership of capital has to follow a certain distribution, which can in turn be more or less egalitarian, depending on how we decide to set the system up. it's however not possible to have both concentrated ownership and co-op style ownership at the same time (for the same company).
Re: So much of academia is about connections and reputation laundering
#73So much of everything is about connections and reputation. Tech in particular holds up a guise that people are chosen and ascend because they are “good”, meaning, they are good at what they do. That’s part of it, but it’s an insufficient part, and you can do pretty well in a career being solidly average at what you do. The real currency in my experience is one thing - relationships. Do I think this person likes, resp…
It's just any sort of scorekeeping added on top screws things up.
Re: So much of academia is about connections and reputation laundering
#74So much of everything is about connections and reputation. Tech in particular holds up a guise that people are chosen and ascend because they are “good”, meaning, they are good at what they do. That’s part of it, but it’s an insufficient part, and you can do pretty well in a career being solidly average at what you do. The real currency in my experience is one thing - relationships. Do I think this person likes, resp…
Re: So much of academia is about connections and reputation laundering
#75So much of everything is about connections and reputation. Tech in particular holds up a guise that people are chosen and ascend because they are “good”, meaning, they are good at what they do. That’s part of it, but it’s an insufficient part, and you can do pretty well in a career being solidly average at what you do. The real currency in my experience is one thing - relationships. Do I think this person likes, resp…
Re: So much of academia is about connections and reputation laundering
#76Earlier quoted context omitted.
Yes, this was the opinion I came here to post, certainly my own profession of law is like this, at least where I practice in Toronto Canada but I can't imagine other places being much different. I think one advantage of computers is that what you produce at the end has to work - and if the code doesn't work or you don't know what you're doing, you're quickly exposed as a fraud. This is not the case in other fields li…
> I think one advantage of computers is that what you produce at the end has to work - and if the code doesn't work or you don't know what you're doing, you're quickly exposed as a fraud. Is this actually true? You can bullshit coding...
Re: So much of academia is about connections and reputation laundering
#77So much of everything is about connections and reputation. Tech in particular holds up a guise that people are chosen and ascend because they are “good”, meaning, they are good at what they do. That’s part of it, but it’s an insufficient part, and you can do pretty well in a career being solidly average at what you do. The real currency in my experience is one thing - relationships. Do I think this person likes, resp…
Yes, this was the opinion I came here to post, certainly my own profession of law is like this, at least where I practice in Toronto Canada but I can't imagine other places being much different. I think one advantage of computers is that what you produce at the end has to work - and if the code doesn't work or you don't know what you're doing, you're quickly exposed as a fraud. This is not the case in other fields li…
This is very naive point of view. Think of how car repair shops bullshit customers (especially what was before some mitigating laws) and then multiply it by Pi or more
Re: So much of academia is about connections and reputation laundering
#78So much of everything is about connections and reputation. Tech in particular holds up a guise that people are chosen and ascend because they are “good”, meaning, they are good at what they do. That’s part of it, but it’s an insufficient part, and you can do pretty well in a career being solidly average at what you do. The real currency in my experience is one thing - relationships. Do I think this person likes, resp…
Yes, this was the opinion I came here to post, certainly my own profession of law is like this, at least where I practice in Toronto Canada but I can't imagine other places being much different. I think one advantage of computers is that what you produce at the end has to work - and if the code doesn't work or you don't know what you're doing, you're quickly exposed as a fraud. This is not the case in other fields li…
Re: So much of academia is about connections and reputation laundering
#79Earlier quoted context omitted.
The incentives are also out of alignment - politicians have an enormous incentive to promote economic theories that let them pork barrel to constituents. And a slight incentive to favour theories that increase government control of industry. Major financial players have incentives to push theories that favour wealth accumulation to big players. I note with some cynicism that there has been no apparent push by economi…
> I suspect pervasive co-op style businesses combined with a reasonably permissive lending environment would be absolute economic powerhouses. Based on what? The data seems to point in the opposite direction: successful, innovative businesses are driven by singular leadership. Apple since Steve Jobs died has not only lost much of its innovative spark, but quality has plummeted. See also Tesla, Amazon, etc. I don't li…
Re: So much of academia is about connections and reputation laundering
#80So much of everything is about connections and reputation. Tech in particular holds up a guise that people are chosen and ascend because they are “good”, meaning, they are good at what they do. That’s part of it, but it’s an insufficient part, and you can do pretty well in a career being solidly average at what you do. The real currency in my experience is one thing - relationships. Do I think this person likes, resp…
Yes, this was the opinion I came here to post, certainly my own profession of law is like this, at least where I practice in Toronto Canada but I can't imagine other places being much different. I think one advantage of computers is that what you produce at the end has to work - and if the code doesn't work or you don't know what you're doing, you're quickly exposed as a fraud. This is not the case in other fields li…
You'd think people who got that far would be confident enough to rely on their own skills/study to get ahead BUT even at that level, there is a lot of butt kissing to get ahead.