yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Pessimism Appears to Be the Intellectually Serious Position


2m read
·Nov 3, 2024

If you're an academic of some kind, then being able to explain all of the problems that are out there and how dangerous these problems are, and why you need funding in order to look at these problems in more depth, that appears to be the intellectually serious position. Someone who claims that we can solve this sounds a little bit kumbaya. Even though it's quite right that, in fact, collaboration, cooperation, and resource exploitation will actually be the thing that's going to drive this knowledge economy forward so that we can solve these problems.

It always seems more intellectually serious if you can stand up there with a frown on your face in front of a TED Talk audience and say, "These are all the ways in which we're going to fail and which we're going to come to ruin." I'm guilty of having recorded one of these doomsayer podcasts about enders blowing up the earth, but that was the one podcast that I regretted the most. We had a great conversation, but I don't fundamentally agree with any of the conclusions that might come out of that, which say the world is going to end, so we should slow down. The only way out is through progress.

Subsequently, I haven't promoted it as much as I promoted my other podcast, and upon reading Deutsch, I realize why. It's because it's easy to be a pessimist; it's an easy trap to fall into, but it implies that humans are not creative. It doesn't acknowledge all the ways that we have innovated our way out of previous traps. Fundamentally, entrepreneurs are inherently optimistic because they get rewarded for being optimistic. As you're saying, intellectuals get rewarded for being pessimistic.

So, there is always a lot of incentive bias here. As an academic, you may be incented to be pessimistic; as an entrepreneur, you may be incented to be optimistic. If you're a pessimist, you get your feedback from other people. It's a social act; you're convincing other people of your pessimism. So far, most of their pessimistic predictions have turned out to be false. If you look at any timelines on which the world was supposed to end or environmental catastrophes were supposed to happen, they've been quite wrong.

But if you look at the optimistic entrepreneurs, they are rated by feedback from nature and free markets, which I believe are much more realistic feedback mechanisms.

More Articles

View All
Joel Greenblatt on How to Achieve a 40% Return a Year
So if you believe what Ben Graham said, that this horizontal line is fair value, and this wavy line around that horizontal line are stock prices, and you have a disciplined process to buy perhaps more than your fair share when they’re below the line, and …
Catching Big Tuna | Wicked Tuna | National Geographic
Beginning of the season. We’ve got to try to try something and just prospect a little bit, see what’s where. Go back to one of my old spots here. This is my old chart plotter right here. This is from the old boat. It’s black and white. But all these dots …
My thoughts on money and relationships
What’s up you guys? It’s Graham here. So, a little over a year ago, I posted a video about why I was single and, uh, well, lo and behold, weird timing, but right after I posted the video, I met my girlfriend, Macy. Since then, I’ve largely shut the door o…
When and why extraneous solution happen
In other videos, we’ve already introduced the idea of an extraneous solution, where you go about solving an equation. You’re given an original equation, and you do a bunch of algebraic steps. Then you solve it and you get some solutions. What we’ve seen, …
Predator prey cycle | Ecology | Khan Academy
What I want to do in this video is think about how different populations that share the same ecosystem can interact with each other and actually provide a feedback loop on each other. There are many cases of this, but the most cited general example is the…
Multiplying rational expressions | Precalculus | Khan Academy
So what I have here is an expression where I’m multiplying rational expressions, and we want to do this multiplication and then reduce to the lowest term. So if you feel so inspired, I encourage you to pause this video and see if you can have a go at that…