I’ve a Bayesian theory around why “believe in science” and “believe in technocratic progress” are so high, even if the counter-evidences are strong.

Thread 🧵

1/N The belief, held by humanity until “Industrial Revolution” (1800), emphasized that the future wouldn't necessarily improve upon the past.

Key values included - small, short-term, and high-interest loans (debt is bad and makes society eventually enslaved), focusing on contentment rather than progress, prioritizing family and community, and adhering to spiritual wisdom that warned against exceeding human limitations, as doing so would lead to disappointment and disaster.

2/N

Life can be blissful without even knowing mathematical and physical basis of reality.

The more one acquires mainstream
education, the more inflated lifestyle becomes, more status-hungry partner one ends up choosing, more demand come from life-events and more necessity it seems to earn money (fiat) in order to satisfy those requirements, more one has to depend on someone for job (referrals, promotions etc.) and play the “game” etc.

Return on education (I know lots of Asians are growing up being brainwashed by the worldview that a 120K-150K MBA and FAANG/IB/Bank job is key to a happy life. That’s far from truth) over years have been abysmal.

This will be a long thread on practical and philosophical futility of modern education !

Long thread 🧵

1/N If you are a man, T-levels (testosterone) are one of the most important health dimension for you. And guess what - college-education reduces T levels.

(Testosterone levels according to ethnicity and education in a sample of male American veterans; median age of the sample was 37 years (redrawn from Mazur 1995))

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Young folks has to learn about science, capitalism, civilisation and history.

Modern western science (based on experiments/hypothesis testing/double-blind trials etc.) always has been flourished through the help of Industry/Capitalism. Science, being a slave to capitalism, has no claim to any higher moral ground !

And why would someone need such a moral ground or qualitative judgement, as opposed to blindly depending on bunch of scientific experiments or controlled trials ?

A: Science has a reproducibility problem and often has tendency to conclude a test/study under limited amount of variables or ignoring adjustments of confounding variances, to reduce the time and cost to run the test.

“Science is endangered by statistical misunderstanding, and by senior people who impose perverse incentives on scientists.”

royalsocietypublishing.org/doi/10.1098/rs…

Then there are questions to quality of data or an effort to fit to the narrative of the capital provider.

Objective of Nature and natural distributed, complex systems is not anchored on providing some sociopathic investors/VCs 20x ROI.

As the foundational incentive of Science (individual scientists may have other incentive such as curiosity etc.) as a whole is to provide ROI to the one who funded the test - be it Gov or Venture Capitalists, truth often remain elusive.

In my 18Y of STEM career, what I understood is that, often science arrives to a conclusion purely driven by ROI/Budget or Utility, rolls out policy or product based on that limited utilitarian view, only to discover non-linear effects longitudinally over time, for which another entrepreneur/capitalist would propose another solution. Repeat.

Even more important is the fact that foundation of money is broken (fiat system). As the foundation of value exchange is broken, all higher-level policy decisions or strategic initiatives are expected to broken too.

Most of the Science (as a whole, not individual scientists) is currently enslaved by current dysfunctional version of capitalism, which only cares about “infinite growth” in a finite planet, more consumption and more waste. GDP-maximalism w/ fiat, literally depends on this assumption. And look GDP-maximalism has done to us. Thread attached.

The entire Keynesian Economics is based on Govt borrowing to death and consumers consuming to death, till demographic dividend runs out.

I expect a whole lot of scientists/scientifically-minded people to disengage of industrialised/corporatised science as it exists today, only to take a apparently-regressive view of “Going back to Nature” while practising real Science.

GDP-maximalism, driven by modern Science and Economics 🧵/ @_david_ho_ This is the situation of Corporatised Science driven purely for ROI

It’s actually more dangerous to depend on “$cience” than actual Science.

https://twitter.com/de_bose/status/1672573797915049984

Every company is just trying to "capture value" that's already there.

Our entire society became speculative. Trying to catch the raindrops of trillions of dollars of debt as it 'trickles' down through privileged & nepotistic waterways.

@Uber raised like $25B to reinvent taxis and food delivery. They finally made a profit last quarter after 14Y. Facebook bought instagram just to copy tiktok_us which just copied vine. Then Facebook made threads which is just a copy of Twitter which was made 17y ago. A kid born the day Twitter was made will be able to vote in the next election. AirBnb was supposed to be a way to rent out an extra room or couch, but it just turned into investors buying houses specifically as bed and breakfasts (Without actual breakfasts !). Even the current iteration of #ArtificialIntelligence is just some linear algebra, optimised computing & lots of engineering thrown into the mix. Not much actual innovation.

Long gone are the days when innovation and the desire to build a better world (by actual curious & talented people, not by someone who went to a IvyMBA to get a 5M seed) drove development. The only thing on anyone's mind is how he can make as much money as quickly as possible from something.

#reflections #investment #innovation

1/N "My analysis of start-ups, however, shows that the big losses suf­fered by Uber, Lyft, WeWork, Pinterest, and Snapchat—greater than 50% of revenues annually—are just the tip of the iceberg.

More than 90% of America’s “unicorns”—start-ups valued at $1 bil­lion or more while privately held (before IPOs)—lost money in 2019 or 2020, even though more than half of them were founded over 10Y ago.

And a similar trend of losses holds for European, Indian, and Chinese start-ups.

Of similar importance, recent analyses of venture capital (VC) firms show that ROIs in VCs have barely exceeded those of public stock markets over the past 25Y, and their current losses suggest that returns will fall even further"

Good Lord. IPOs have been strange lately. Lots of unprofitable startups IPO-ing, providing exit liquidity to private investors

"..start-ups that do go public, the % that are unprofitable at the time of their IPO has increased dramatically over the last few decades, exceeding 80% in recent years, according to analysis by Jay Ritter of the University of Florida"

Ref: Rani Molla, “Why Companies Like Lyft and Uber Are Going Public without Having Profits,” Vox, March 6, 2019.



#venturecapital

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This is a real-life story of how corporatisation of #science (MIS complex) has replaced the curious scientists with stronger moral backbones.

James Dewey Watson (born April 6, 1928) is an American molecular biologist, geneticist, and zoologist. In 1953, he co-authored with Francis Crick the academic paper proposing the double helix structure of the DNA molecule. Watson, Crick and Maurice Wilkins were awarded the 1962 Nobel Prize in Physiology or #Medicine "for their discoveries concerning the molecular structure of nucleic acids and its significance for information transfer in living material".

1/N
Bernadine Patricia Healy (August 4, 1944 – August 6, 2011) was an American cardiologist and the first female director of the National Institutes of Health (NIH).

W. Bush tapped her in 1991 to become director of the NIH, its first woman head.

#science #MISComplex

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Everywhere GDP-maximalism starts, a bunch of events eventually follow

- more #debt
- more liberal lefts
- more #cancer & chronic diseases
- more decline in mental health
- more junk foods
- more #BigPharma
- more breakdown of family system
- less traditional wisdom & Spirituality
- more societal degeneracy
- more corporations & slave MBAs
- less family leisure, bonding & warmth
- less local businesses
- more environmental destruction
- less fertility

#GDP #Keynesian


It seems GDP-maximalism also correlates (+0.71) with degree of LGBTQ+ acceptance.

#society #capitalism #fiat #economics #culture

Considering that modern humans, due to the Neanderthal assimilation (we carry their DNA), are entirely different from the misnamed extinct pre-contact Homo sapiens, it might be time to rename the latter in order to distinguish them from us, maybe as Homo socialis.

1/N Since the Neanderthal assimilation most Homo sapiens have retained their predominantly social nature & therefore tend to ostracise those of a predominantly individual nature who, beginning in the 1940s, are being pathologised with the label of #autism

2/N

@Mktweets0 Going to start a thread on #melatonin & its effects on CKD validated by scientific research. Please correct if you find any medical faults.

#kidneys @Mktweets0 1/ Melatonin was first purified and characterised from the bovine pineal gland extract by Aron Lerner and co-workers in 1958.

However it has systemic effects. #Kidney cells (proximal tubule) express a melatonin receptor of type MTNR1. pubmed.ncbi.nlm.nih.gov/9034171/

1/ Soon in my own journey I’ve discovered that it’s just a meme perpetuated by MSM. And one of the core propositions of my next book is to help naive unprivileged entrepreneurs to avoid these traps & memes.

https://twitter.com/ArchaeoNomad/status/1487617802261331969

2/ The much-worshipped ‘American Dream’ (and all other parallel dreams of making it big elsewhere, rising from a not-so privileged background) is fading.

OpportunityInsights.org

visualcapitalist.com/the-decline-of…

1/ If you can imagine a hunter-gatherer roaming around Africa around 14K years ago, he didn’t know anything about - nation-state, fiat, central bank, corporate law, education, modern markets, industry, pharma, media, politics, modern definition of morality or consumerism 2/

Nor they had any concept of money, stock options, CEO of a large organization, boardroom politics, knowledge of vector calculus and abstract mathematics, career struggle, mortgage stress etc.

#lifestyle #simpleliving #career

1/ The Vax$ contains the RNA (encapsulated in liposome) to make one of the spikes found on the outside of the coronavirus. When injected, it is absorbed into a cell and makes one of those spikes on the outside of whatever cell it went in to.

#VaccineMandate #VaccinePassport 2/
The RNA shot was supposed to stay in the arm muscle, making those spikes on the outside of muscle fibres, but instead most of it got flushed into the blood and spread around the body.

#VaccineMandate #VaccinePassport