Chamath Palihapitiya, Founder and CEO Social Capital, on Money as an Instrument of Change
Why Hacker News recommends it
HN cites it in social media threads as a former Facebook executive's criticism of the platform.
What it is
Chamath Palihapitiya's Stanford GSB View From The Top talk on money as an instrument of change. HN mostly knows it for his remarks on social media's dopamine-driven feedback loops and regrets about Facebook.
Recommended by 1 HN commenters across 1 different months, 2017 to 2019.
What Hacker News said
Recommends idooontcare · 2017-12 · on “Facebook’s Political Unit Enables Propaganda”
Facebook is manifesto of loosing privacy and internet ghettos. Please listen facebook's former bosses how they say facebook is manipulating every single thing to fit they own agenda.. and that agenda is far more sinister than you think.. [this video]
Cites eternalban · 2017-12 · on “Former Facebook exec says social media is ripping apart society”
He categorically stated [t=10m] that "150 [people], and they are all men, run the world". Watch the interview. [this video]
Cites sarreph · 2017-12 · on “Ex-FB exec: The dopamine-driven feedback loops are destroying how society works”
This was posted over a month ago [0] — and has been discussed in numerous ways since then. [0] - [this video] EDIT — Thanks to cpv (below), this is the discussion I should've linked to: [LINK]
Cites arca_vorago · 2018-04 · on “Why Entrepreneurs Start Companies Rather Than Join Them”
What I don't think many people get is that these types of people and structures and institutions they exist in largely exist in order to perpetuate inequality in many ways. It's not just google though, this is fairly widespread in America, and I bet many of these companies that practice hiring like that are either doing it because thats what everyone else has done (without realizing the reasons or not articulating the real ones), or because taking those kinds of candidates means not only do you get a potentially useful in their job employee, but you get access to another kind of elite-social capital. [this video]
Cites thekaltur · 2018-06 · on “Ask HN: Anyone else using Hacker News as a `dopamine hit`?”
I am sorry, but I beg to differ. This concept is built onto basic insights into how the human reward system works, why else would Design (cf. Tristan Harris tristanharris.com/essays or Chamath Palihapitiya [this video] ) and Advertisement use this to try to shape peoples desires (and in turn consumer choices)? What you are drawing is in my opinion a false equivalency. It is not at all the same doing things in real life like reading a book, mowing the lawn or knitting a sweater and skimming a news feed or interacting with social media. The main reason for that imo is the amount of effort you have to put in to get a reward. When you take the offline work you (in the case of a book) at least have to
Cites kadendogthing · 2019-02 · on “Pinterest Blocks Vaccination Searches in Move to Control the Conversation”
Our society is so obsessed with the fear of censorship, or the "elite" hoarding all information, that we've now dived right into the opposite deep end. There's always too much of a good thing. We created tech to usher in an era of new mediums. But we never stopped to ask ourselves what should we keep from the "old" systems. In any system that gets recreated/refactored, there is always a duplication of efforts. And that's what we're seeing right now. We're slowly realizing that editorialization is desperately needed. In all these social graphs that's been created, we assume all "nodes" are rational actors, or are likely to be rational actors and that the information if just let free would ste