@RandomRanger's banner p

RandomRanger

Just build nuclear plants!

4 followers   follows 1 user  
joined 2022 September 05 00:46:54 UTC

				

User ID: 317

RandomRanger

Just build nuclear plants!

4 followers   follows 1 user   joined 2022 September 05 00:46:54 UTC

					

No bio...


					

User ID: 317

Because of decreasing application friction, any given opportunity requires more effort to achieve than in earlier generations. Although this can’t lower the average society-wide success level (because there are still the same set of people competing for the same opportunities, so by definition average success will be the same), it can inflict deadweight loss on contenders and a subjective sense of underachievement.

I think people get quite upset about those who get ahead via unorthodox means too.

Bonnie Blue is spreading her legs and makes around 800,000 pounds a month, in the UK of all places. UK Warehouse Worker earns 26,000 annually, UK Chief Information Security Officer earns 130,000-170,000 pounds. She's not even that hot, wtf is going on? Maybe it's all lies and money-laundering but the point is that people believe it to be true. You are working hard and getting paid a miserly wage while someone else is doing fuck all and getting huge amounts of money.

Same with the guy who bought bitcoin early, I think this is why crypto is so widely hated online, people got rich in an 'unorthodox' way compared to hard work and high skill. Plus, crypto bros come off as low-status. Same with landlords, there's considerable bitterness towards boomers who bought a house that then 10xed while they were also getting decent yields off it. People see a boomer and think 'I am much more deserving but much poorer, the economy is terrible.' Same with 'billionaires' or 'tech-bros' in aspects of the popular imagination.

Of course it's always been this way. In the time of the Stuarts kings would give huge payments to their friends, the navy might be starved for shot while some sexy duchess was dripping with gems and titles. Good old fashioned sinecures and fraud is as old as civilization. But with social media this is rubbed in people's noses by algorithms deliberately trying to rage-bait them. There are people whose whole lifestyle is funded by rage-baiting and attention-grabbing for being obnoxious lowlifes. They are pushing everyone else down in social-economic hierarchy.

The economy feels fake and gay, in other words. To a large extent it is more fake and gay than before (SF venture capital especially) but even more so, it feels that way. Imagine being socially-bamboozled into taking on huge amounts of debt, studying and jumping through hoops to get a degree only to find it's mostly worthless. Now have fun interviewing with dozens of companies and jumping through endless hoops to get a meaningless job. HR makes a complete mess of things while you work, tiktok shows you the luxurious lifestyle of your unworthy betters... Very depressing.

Well, without making doxing too easy, I can assure you it's not such an establishment. We have bad universities in Australia like Charles Sturt University or Federation University. My point is that even Group of Eight universities are getting to be like this too, they're debasing their increasingly undeserved reputations to transfer vast amounts of Chinese, student and government money to administrators.

Same thing has been happening in Canada and America. Huge grade inflation at high-end universities, while teachers bemoan the stupidity, laziness and ignorance of their students. Just the other day there was another top level post about students who struggled with fractions and quite basic maths somehow getting university admissions.