I have zero respect for All In. It’s a shame people pay those guys any mind.

I actually think this take is wrong... but the moment Travis Kalanick was a guest and claimed that he was on the verge of discovering new physics with the aid of ChatGPT was an eye opening moment.

> maybe not even a car

Hold up — one can be mature without any of those things, but cars are especially optional.

They say Silicon Valley was more of a documentary than a comedy, and now we have one more way life imitates art: A growing army of Erlich Bachmann's.

I don't think this is always true, but it's true a lot. I think there are better descriptions than moronic as well. People use moronic when people are just as smart but have a different (and possibly better) direction. It's just the case that it defies the will of the other person.

These people go to the extreme and feel they have to outdo each other in an arms race to win whatever category it is today.

You can have extreme ambitions without being a moron. It's possible for someone to be empathetic, but also really driven. The problem is that they are locked in a downward spiral and they can't possibly be vulnerable. It's only when they run out of money, or some other extreme event occurs that they change tack. That's moronic, especially when the outcomes are predictable.

There is a lot to be said about SV culture and the people that surround these VCs. A lot of people love these environments and more than tolerate the environment these VC folks create. It's hardly a new phenomenon.

Yes, but while we're all born stupid, rich people are subject to forces that actually make them dumber than the average person. Normally people learn from failure because they experience tangible negative consequences as a result of failure. But money is a better insulator than a vacuum, and once you're sufficiently wealthy, failure no longer has any tangible negative effect on your quality of life. Lose ten billion dollars? Lose 90% of your net worth? You and your kin will still be living lives of ease and luxury for generations to come. They're destined to be morons because there's no pressure forcing them to learn from their mistakes.

I got downvoted on another post mentioning VCs. Confirmed everything I already knew about the sheeple

> Again, VCs don't care if you'll make a profitable business some day. They're just interested in if someone else will come along and pay out giant bags of cash for it later in a liquidity event. If they get even one of those successes, all the stupid GH star watching pays off.

And if that's true, they should be slapped, hard. They're no longer performing a socially useful function, and and have degraded towards pure financialization. Some middleman between fools and their money.

As much as I don't like Altman, VC should be pumping money into startups like Helios--companies pursuing cutting-edge technology that could totally fail (yes, that's an organic em-dash).