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