this post was submitted on 16 Oct 2023
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

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I don’t really have much to say… it kind of speaks for itself. I do appreciate the table of contents so you don’t get lost in the short paragraphs though

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[–] [email protected] 10 points 1 year ago

Starts the rant with "We are being lied to." Proceeds to regurgitate capitalistic propaganda and bad assumptions which are easily disproved...

"the total human population may already be shrinking." It's not, and it's a trivial thing to check.

"Productivity growth, powered by technology, is the main driver of economic growth, wage growth, and the creation of new industries and new jobs." There was correlation between those things... Until 1979.

Ignoring the usual anarcho-capitalist drivel in the "markets" section I think the most damning line is "We believe markets are generative, not exploitative; positive sum, not zero sum... Markets are the ultimate infinite game."

Shows a complete lack of understanding of basic economic theory. In a theoretical "market economy" markets exist as a means to distribute a limited supply of goods which by definition makes it a zero sum. Calling it an "infinite game" is insanity considering the context the author is quoting was demonstrating that each transaction is a finite game. An infinite set of finite games does not change the inherit nature of the game.

For my sanity I'm going to stop there, but hopefully provide some additional insight on how poorly researched and paper thin this manifesto is and save the next person some time.