One of the most important career decisions you make is prioritizing status or substance.

Substance compounds and status decays.
Prioritizing status delivers quicker rewards but hits an early ceiling. Prioritizing substance often has a painfully slow start but no ceiling.

(The hard part is often taking an honest look at which is which.)
If you focus on substance, in the long-term you get status too. But it doesn't work the other way around.
In the extreme case, getting retweets for talking about how awful everything is will get you some retweets and some dopamine, but it won’t compound into anything valuable. Getting up every day and making a little bit of progress towards building something might.

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More from @sama

9 Nov
There are two ways to reduce economic inequality—you can work to lift up the floor, or work to lower the ceiling.

(Notice the extreme streak of authoritarianism that often accompanies the latter.)
Said another way, you can either believe

1) the pie can grow a lot (and so, e.g. we should encourage trillionaires and the creation of far more wealth), or
2) it can’t (and so, e.g., we should abolish billionaires and divide up everything we have now equally).
The former leads to continual improvement in quality of life for most people; the latter is a one-time improvement for most people and then ongoing stasis where we sacrifice long-term excellence in the name of short-term equality. Image
Read 8 tweets
23 Oct
No matter what you think about Worldcoin, I think some of the ideas in here are likely important to the future of privacy: worldcoin.org/privacy-by-des…
I think Worldcoin is more privacy-preserving than centralized services we use today. All Worldcoin, or anyone, could ever tell is if someone has already signed up for the service.

The hash is cryptographically decoupled from the wallet and all future transactions.
Experimentation with new approaches to privacy and identity seem good to me. Everyone can decide what they want to use and not use.
Read 4 tweets
23 Oct
Imagining an AI future (with some amount of redistribution) is an interesting lens for the Great Resignation.
Less people will have to work in the traditional sense and people will be less willing to do jobs they don't like.

People won’t have to work to survive, and we will have to pay more for less desirable jobs, or automate them, which seems great all around.
I predict that it will turn out that, contrary to think tank wisdom, people can be happy and fulfilled without a "traditional" job. There will be plenty of new things to do and new ways to get status.
Read 4 tweets
22 Oct
After 9/11 (3k US deaths), we got so much societal change and spent trillions of dollars.

After COVID-19 (700k+ US deaths), we seem to be getting very little change, and spending very little money.
I felt confident we'd get real change–competent planning for future pandemics, severe regulations on gain of function research, FDA reform, rapid-response vaccines for new viruses.

We are struggling to commit even a few tens of billions.

What's gone wrong?
I'm quite nervous about the next pandemic–it could be much worse and it doesn't really look like we're going to prepare.
Read 4 tweets
3 Oct
Spoke to some really smart college kids recently.

Almost universally, they had a belief that climate change was an unstoppable disaster and the most pressing issue of our time.
The surprising thing was not one of them believed they could or should do anything about it; there seemed to be a total lack of belief in the ability to change the trajectory of the world.
Something has gone wrong here—these are the people who should be taking on the challenge, and they instead are declaring that they’re not going to have kids because the problem is so bad.
Read 4 tweets
26 Sep
This from @ezraklein last week is great: nytimes.com/2021/09/19/opi…
Technology is generally quite deflationary, and this shows up a lot of places. (I hope for a world where important things deflate massively, and NFTs suck up all the inflation.)

But housing, healthcare, and higher education have had massive inflation, mostly due to bad policy.
This is a high-flux moment in society where it seems like there could be major changes, at least for housing and higher education, and maybe we could get much more of the good kind of deflation.
Read 5 tweets

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