Same strategies. Same exploitation. Same formula. What makes Facebook different isn’t that they did those things better. It’s that they did them in the right place at the right time to corner the market.
This is effectively my “battle royale” analogy. Agreed.
I think there’s a good analogy to the music industry. The most popular/famous/wealthy musicians aren’t that way because they are more talented, or ruthless, or have the “winningest” music strategy.
Not the musicians, the record labels. But yes, record labels have been ruthless in the music industry since, afaik, around the 1950s. As I mentioned before, I’m not well versed in the music industry, but I know of numerous examples of corporations cornering the music industry. There’s a reason radio stations are always playing the same 30 songs, and why the vast majority of musicians end their careers in debt to their labels (at least 20+ years ago).
And there’s a reason people call them “starving artists”. It is a supremely rare occurrence for the actual musician to see much of the profits from their work. That’s something the internet is changing (in both directions. No one’s looking forward to those fractions of a cent per play on Spotify, but now you don’t need to sign with a label to get a reasonable audience).
the most they could end the day with is, let’s say, 10 million apples. But we know that some people have 200 billion apples. So how do we reconcile that?
Sorry, I don’t follow where these values came from or are supposed to represent. How do we know the max number of apples in this under-defined analogy I’ve come up with? It sounds like you’re envisioning 10 million apples out on trees, and 200 billion stashed away to be found, while I’m picturing the vast majority (200 billion I guess) to be out on the trees needing picking.
But how this ties back to reality…you’re saying that you believe the primary way to reach an unreasonable amount of wealth is in bulk, via pure luck? That’s where we disagree. Going back to the top of your post, and my “battle royale” example, luck can get you a lot, but to amass an unreasonable amount X, you need a pattern/strategy, that keeps wealth coming towards you and away from competitors. And in order to amass an unreasonable amount, you need to use unethical means.
Hm, I’m not sure it’s possible to say which of our worldviews is right here without a large amount of data that…which I don’t know if is available.
I don’t think you understood my last apple analogy at all, but honestly, I’m not really emotionally invested in trying anymore.
I think our impasse at it’s core is that we simply disagree on how much luck plays a factor in becoming a “X-ionaire.”
You seem to think that the ones who did it are just the best of the best at being unethical businessmen. I look at the ranks of those who made it and I don’t see genius Machiavellian strategic masterminds. I see people who capitalized on exactly the right idea at exactly the right time.
I can’t pont to a Zuckerberg or a Gates or a Musk and say, “ah, this was the unethical strategy that got them to the top.” I see that they were at the right place and time to fill a massive unfilled niche in society, and to beat everyone to the punch.
That’s not skill. That’s luck.
That’s not masterful strategy. Luck.
It’s not the inevitable outcome of their unethical business practices. It’s dumb luck.
Are they unethical? Absolutely. Did that help along the way? To a degree, certainly.
But like, think about it like this. Did Bill Gates ruthlessly stomp on others people and companies to grow Microsoft to what it is today? Absolutely. But how many competitors were there in that space that he needed to stomp? Five? Six? That means that out of 8 trillion people on Earth, he was one of 5, maybe 6, that even had the opportunity to corner that market.
And why is that? Because life isn’t perfect information, and opportunities aren’t evenly spread.
To make one final pass at the apples example. In life, the apples aren’t uniformly spread across the trees. You have to have the thought, “I bet there are some apples over in that part of the orchard,” and then go look for them there. Sometimes there’s a few. Sometimes there’s a lot. Sometimes there’s none. Not every area you search will be bursting with apples. Sometimes, very very very rarely, there’s 200 billion apples in the area you go looking. And not everybody knows what’s going on everywhere else in the orchard at all times. Sometimes you and 5 or 6 buddies stumble onto the same patch of 200 billion apples at the same time, and you fight to the death over them. Sometimes you leverage that big pile of apples you just got to force others to look for big apple patches for you. Sometimes you use the influence from your big pile of apples to change the apple finding rules in your favor. Or sometimes, you’re a random dude who thinks, “man, I bet there’s a bunch of apples over there,” and you find them and pick them all on your own. At the end of the day, the people who have big piles of apples have them because at some point they either looked and found a motherload of apples, and beat out anyone else who saw it while they were picking, or someone who did gave them all their apples on their deathbed. And being unethical can help you kill off the people in your immediate vicinity who saw the same bunch of apples you did, but to even have that opportunity to crush your competition means that you were lotto winning lucky to even be in the race at the start.
think about it like this. Did Bill Gates ruthlessly stomp on others people and companies to grow Microsoft to what it is today? Absolutely. But how many competitors were there in that space that he needed to stomp? Five? Six? That means that out of 8 trillion people on Earth, he was one of 5, maybe 6, that even had the opportunity to corner that market.
I agree 100% (except for the part where the list of competitors was WAY larger, but that’s neither here nor there). Yeah, obviously luck is always a factor for everyone, and opportunities don’t present themselves to everyone, but for those who do have the opportunity, the person willing to be the most unethical will have the largest advantage, and thus is most likely to beat out the rest.
I agree that I don’t think we can take the discussion further than this. Good talk. I’m just glad I found someone on here that didn’t call me a proto-captialist nazi for calling the original post oversimplified.
This is effectively my “battle royale” analogy. Agreed.
Not the musicians, the record labels. But yes, record labels have been ruthless in the music industry since, afaik, around the 1950s. As I mentioned before, I’m not well versed in the music industry, but I know of numerous examples of corporations cornering the music industry. There’s a reason radio stations are always playing the same 30 songs, and why the vast majority of musicians end their careers in debt to their labels (at least 20+ years ago).
And there’s a reason people call them “starving artists”. It is a supremely rare occurrence for the actual musician to see much of the profits from their work. That’s something the internet is changing (in both directions. No one’s looking forward to those fractions of a cent per play on Spotify, but now you don’t need to sign with a label to get a reasonable audience).
Sorry, I don’t follow where these values came from or are supposed to represent. How do we know the max number of apples in this under-defined analogy I’ve come up with? It sounds like you’re envisioning 10 million apples out on trees, and 200 billion stashed away to be found, while I’m picturing the vast majority (200 billion I guess) to be out on the trees needing picking.
But how this ties back to reality…you’re saying that you believe the primary way to reach an unreasonable amount of wealth is in bulk, via pure luck? That’s where we disagree. Going back to the top of your post, and my “battle royale” example, luck can get you a lot, but to amass an unreasonable amount X, you need a pattern/strategy, that keeps wealth coming towards you and away from competitors. And in order to amass an unreasonable amount, you need to use unethical means.
Hm, I’m not sure it’s possible to say which of our worldviews is right here without a large amount of data that…which I don’t know if is available.
I don’t think you understood my last apple analogy at all, but honestly, I’m not really emotionally invested in trying anymore.
I think our impasse at it’s core is that we simply disagree on how much luck plays a factor in becoming a “X-ionaire.”
You seem to think that the ones who did it are just the best of the best at being unethical businessmen. I look at the ranks of those who made it and I don’t see genius Machiavellian strategic masterminds. I see people who capitalized on exactly the right idea at exactly the right time.
I can’t pont to a Zuckerberg or a Gates or a Musk and say, “ah, this was the unethical strategy that got them to the top.” I see that they were at the right place and time to fill a massive unfilled niche in society, and to beat everyone to the punch.
That’s not skill. That’s luck. That’s not masterful strategy. Luck. It’s not the inevitable outcome of their unethical business practices. It’s dumb luck.
Are they unethical? Absolutely. Did that help along the way? To a degree, certainly.
But like, think about it like this. Did Bill Gates ruthlessly stomp on others people and companies to grow Microsoft to what it is today? Absolutely. But how many competitors were there in that space that he needed to stomp? Five? Six? That means that out of 8 trillion people on Earth, he was one of 5, maybe 6, that even had the opportunity to corner that market.
And why is that? Because life isn’t perfect information, and opportunities aren’t evenly spread.
To make one final pass at the apples example. In life, the apples aren’t uniformly spread across the trees. You have to have the thought, “I bet there are some apples over in that part of the orchard,” and then go look for them there. Sometimes there’s a few. Sometimes there’s a lot. Sometimes there’s none. Not every area you search will be bursting with apples. Sometimes, very very very rarely, there’s 200 billion apples in the area you go looking. And not everybody knows what’s going on everywhere else in the orchard at all times. Sometimes you and 5 or 6 buddies stumble onto the same patch of 200 billion apples at the same time, and you fight to the death over them. Sometimes you leverage that big pile of apples you just got to force others to look for big apple patches for you. Sometimes you use the influence from your big pile of apples to change the apple finding rules in your favor. Or sometimes, you’re a random dude who thinks, “man, I bet there’s a bunch of apples over there,” and you find them and pick them all on your own. At the end of the day, the people who have big piles of apples have them because at some point they either looked and found a motherload of apples, and beat out anyone else who saw it while they were picking, or someone who did gave them all their apples on their deathbed. And being unethical can help you kill off the people in your immediate vicinity who saw the same bunch of apples you did, but to even have that opportunity to crush your competition means that you were lotto winning lucky to even be in the race at the start.
For this part:
I agree 100% (except for the part where the list of competitors was WAY larger, but that’s neither here nor there). Yeah, obviously luck is always a factor for everyone, and opportunities don’t present themselves to everyone, but for those who do have the opportunity, the person willing to be the most unethical will have the largest advantage, and thus is most likely to beat out the rest.
I agree that I don’t think we can take the discussion further than this. Good talk. I’m just glad I found someone on here that didn’t call me a proto-captialist nazi for calling the original post oversimplified.
Have a good one!