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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Tuesday January 28, 2025 @02:32AM (#42849796)
I think that’s unfair unless you give specific examples and clear evidence he’s wrong.

I disagree with PG on economics and politics, but much of his writing on that is subjective.

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by redcobra762 on Tuesday January 28, 2025 @04:03AM (#42850292)
“Clear evidence he’s wrong”

Good science is dead, isn’t it?

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Tuesday January 28, 2025 @09:41AM (#42852833)
I don't think that's a snark, but I don't understand.
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by sympil on Tuesday January 28, 2025 @08:14AM (#42851930)
He recently said that evil people can’t survive long as founders of tech companies because they need smart people to work for the, and smart people can work anywhere. There are lots of other examples. Especially read his recent tweets/essays that aren’t about his area of expertise.
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by marcosdumay on Tuesday January 28, 2025 @09:22AM (#42852589)
I'd argue that subject is one of his core competencies.
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Tuesday January 28, 2025 @09:45AM (#42852875)
Do you have a link to him saying that, please? I want to see the context and whether this was absolute. Was it "few evil founders can be successful?"

We might also want to delve into what "evil" means here. Presumably he's talking about evil in the way that they treat their employees?

As sibling says, that's his core expertise, so not quite relevant.

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by sympil on Tuesday January 28, 2025 @10:34AM (#42853489)
Look it up yourself. Paul Graham does not have a core competency regarding what smart people are or are not willing to do. That would be sociology or psychology or economics.

https://bsky.app/profile/isilanor.bsky.social/post/3ldx24kvc...

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Tuesday January 28, 2025 @04:13PM (#42858094)
If it wasn’t clear, I tried to look it up myself and couldn’t find it, hence the request.
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Wednesday January 29, 2025 @05:21AM (#42863420)
Just realised that this is a subtweet of PG's post.

So I think what he's saying here, with some brevity, is: startups require lots of smart people to succeed. If the boss isn't nice to them, then those people can easily find work elsewhere. Therefore, the boss will have to be nice to them. Therefore, the boss can't be a horrible person.

What would you say is incorrect about this?

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by sympil on Wednesday January 29, 2025 @11:23AM (#42866974)
Everything.
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by ace_of_spades on Wednesday January 29, 2025 @11:29AM (#42867129)
/s so horrible people are distinguished by the fact that they are never nice to their in-group?
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Wednesday January 29, 2025 @12:35PM (#42868224)
That isn’t what I said or implied, as you know, and the same for a generous reading of PG.
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by sympil on Wednesday January 29, 2025 @01:24PM (#42869010)
Therefore, the boss will have to be nice to them. Therefore, the boss can't be a horrible person.

You should study up on logic. You are saying that since person A has to be nice to people who work for startups they can’t be a horrible person. This means that if a person is horrible they can’t be nice to people who work for startups. This is egregiously wrong.

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Wednesday January 29, 2025 @06:22PM (#42872675)
I think what PG is saying in this situation is, he's using "evil" as shorthand for "is not nice to their employees", whereas you're reading it as "is fundamentally bad in every way".
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by nindalf on Tuesday January 28, 2025 @09:33AM (#42852745)
Happy to. Here's PG misrepresenting a wealth tax - https://nindalf.com/posts/wealth-tax/
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by derangedHorse on Tuesday January 28, 2025 @10:29AM (#42853432)
> No one is proposing a tax that would apply to all your assets

Yes they are, that’s literally what a wealth tax is.

How were you defining wealth?

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by nindalf on Wednesday January 29, 2025 @02:18AM (#42862443)
The actual proposals at the time I wrote this was a wealth tax applying to wealth greater than $50 million.

That’s substantially different from one that starts at $0.

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Wednesday January 29, 2025 @12:34PM (#42868212)
Isn’t PG using that as an example and actually says it’s simpler to calculate that way?

This doesn’t feel like a generous reading.

I’m not against a wealth tax and I’m not aligned with PG, but I do think it’s important to be generous in your interpretation. I think PG is just arguing wealth taxes are unfair on founders.

$2m starting point is reasonable btw, that’s a good ballpark for a founders share at pre seed.

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by nindalf on Thursday January 30, 2025 @12:30PM (#42879976)
I think it's presented in a way that makes him sound very reasonable, and make a wealth tax sound very stupid.

- A small time founder losing 2/3rds of their stock - OH NO, wealth tax is terrible!

- A businessman worth $162 of stock ends up being worth billions as their stock appreciates, despite having to pay wealth taxes. Huh, maybe wealth tax is alright.

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by rhubarbtree on Wednesday January 29, 2025 @06:24PM (#42872699)
Returning to this: even if he were somehow "misrepresenting" the idea of wealth tax - and there are many variants - that does not make him wrong.

My original point was that when PG is writing outside of his core competencies, it's usually about subjective opinions. Such as, is wealth tax a good or bad thing? That is a subject about which you can have an opinion, but there is no absolute.

My concern is that when people say "he doesn't know anything when he talks about, say, economics or politics" what they really mean is "I disagree with him and therefore he is wrong." (I disagree with PG on many such things, but that's like, just my opinion, man)

I guess I'm invested in the debate because I want people to be more open-minded and charitable and not less.