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
Rescuing a 14 Ton Bread Truck | Ice Road Rescue
NARRATOR: In the south, a 14-ton bread truck is impaled on rocks. Thord and Andrzej were attempting to lift it clear until it threatened to crash back down with Thord underneath. [bleep] that bloody left bar right there. [tools clanging] You know, we have…
15 Financial Milestones That Bring the Most Joy
You know it’s kind of funny when most people start a proper financial journey when they’re at the point of “this is it, okay, I’m done living this way, I’m getting my together.” Well, they think they know what kind of milestones will bring them the most j…
London's Secret Mayor who runs The Secret City
The City of London is a unique place—it’s the city in a city (in a country in a country) that runs its government with perhaps the most complicated elections in the world, involving medieval guilds, modern corporations, mandatory titles and fancy hats, al…
Why I'm Finally Spending Money
What’s up you guys? It’s Graham here. So, a little over a year ago, I made a video breaking down exactly how much money I spend every month, where it all goes, and my philosophy is when it comes to saving money, investing, and trying to get the best value…
Electrolytic cells | Applications of thermodynamics | AP Chemistry | Khan Academy
Electrolytic cells use an electric current to drive a thermodynamically unfavorable reaction. Before we look at a diagram of an electrolytic cell, let’s look at the half reactions that will occur in the cell. In one half reaction, liquid sodium ions reac…
The Stock Market Is FREE MONEY | DO THIS NOW
What’s up, Grandma’s guys? Here, so let’s face it, the stock market is easy money. In fact, in just the last 12 months, both the S&P 500, the Dow Jones, and the NASDAQ are all up over 30 percent. Nearly every single stock you can imagine is up substan…