We, the societal we, implemented a relatively effective nationwide (and increasingly worldwide) dragnet for talent, then plucked that talent from the not-random-but-constrained walk through lives it would counterfactually have encountered and tracked it fairly narrowly.
The Sort makes many mistakes, in both directions. It leaks promising candidates. The Sort doesn’t really feel good or bad about that, because it is an emergent behavior of a system comprised of many disparate actors with differing incentives, values, and similar.
But, if the Sort would tolerate anthropomorphization (knowing which word it would award you points for, not that many, just the properly calibrated amount), it would look at many outcomes and declare them inefficient.
The Department of Public Works in a small Iowa town is a competent administrator? How competent? Because most forms of competent are inefficiently competent. The Sort would prefer him to have ended up with two OOM more budget and four OOM more impacted users.
The Sort, hearing family history, thinks that it was an obvious mistake that my father was a paralegal (swap with worst lawyer, Pareto improvement) and thinks it got closer with regards to me and still squandered a decade. Not a value judgement; just inefficient, you understand.
The Sort is incredibly aware of agglomeration effects. If one doesn’t understand them, NP, low-productivity areas also require labor forces. One will enjoy taking in the cultural delights of the world’s foremost cities when one can afford to vacation to them.
(The Sort didn’t ban building housing in those cities. It is as puzzled by that as everyone else is. It suggests it’s usual remedy: maybe if we just sort harder the problem will go away. The Sort is correct in its perception that this has worked in many contexts for it.)
The Sort is incredibly aware of criticisms of the social implications of the Sort, and has devoted an appropriate number of 90-95th percentile sorted to thinking about that important, but not very important, problem.
The Sort is quite aware that many people viscerally hate descriptions of its operations. It has decided to fib about them as a stakeholder management strategy. Capacity with encoding and decoding this sort of fibs is sorted for, naturally. They’re really quite efficient.
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A word to the wise. Don't invent a fictitious entity and attempt to open a bank account for it. The laws for bank fraud are drafted *broadly.*
But if you must, then don't do it while arguing for an expansion of the Bank Secrecy Act regime, because the existing BSA regime already orders your bank to inform on you.
But if you must, then don't do it while engaging in organized pressure campaign against firms with strong recordkeeping culture and an institutional desire to please government.
Term life is a commodity product. Premium never changes after you lock in the term. Many people reading this will pay tens or low hundreds of dollars per million in coverage.
Next up at MicroConf: @robwalling on How to use AI in SaaS.
This has been something of an undercurrent in a lot of conversations here. Lots of unease and anxiety about it, and IMHO a bit overblown w/r/t impact on SaaS specifically.
With that, Rob:
Rob did informal survey of a few hundred TinySeed companies (he runs a VC/accelerator which invests in many bootstrapped-adjacent software companies) to see how its actually getting deployed in production.
Taxonomy: six-ish ways that companies actually metabolizing it.
AI as product: Difficult for bootstrappers to keep up with the labs on LLM/etc development. Very, very tractable to make something downstream of the labs.
A common model I have is that, like many people, I have some finite amount of consequential decisions I can make a day. This is sometimes a frustration for my wife, who wants me to spend a decision on e.g. “What color should we make…”
There are some classes of non-domestic decisions which still seem to take a slot, and where there are theoretically wrong answers, but where any plausible answer is fine.
I love having LLMs available for this.
Example from earlier: “Should we use X medication for symptom management of a minor recurring condition, or should we escalate to a medial professional for a recommendation?”
I probably could have Googled to kick off a research process, but that’s -1 for the day.
Also helps in the intermediate stages when you're dealing with accountant questions which might be, how do I say this nicely, "I thought I was hiring you to give me answers in this domain." Much higher bandwidth than multiple messages in an email thread at tax time.
"Why is he asking this?"
"Presumably he is attempting to qualify whether you have specified foreign financial assets."
"What does he really need to know?"
"Is the Tokyo condo held directly or in an LLC/etc"
"Held directly."
"OK so no you don't have those assets."
"Find authority"
Often people in our social class are worried about sounding elitist, and I understand that, but there's some perversity in being an elite and not being able to confess to that fact. The PMC is an elite class in the US political system.
Class membership is defined by being able to pass brutal intelligence and diligence filters. It is not simply "tests well", but you basically have to eat the PSAT for breakfast.
We all had classmates who did not eat the PSAT for breakfast.