On Fri, 20 Nov 2020 14:01:31 -0700 "Andy Dufresne" <
foxhunt1...@gmail.com> wrote:
> The purpose of this post is to explain some of my ideas about
> contributing to progress in technology. I want to see if anyone knows of
> problems in my ideas I’m not aware of.
I think there are probably a few. IDK how big but I could see them being sticking points.
> I like technology. I think technology provides tools I can use to make
> my life better. I want more and better technology to exist in the world
> so I have more tools to make my life better.
>
> Lots of other people also like technology and will probably continue to
> create it no matter what I do. That’s great. But I want to help that
> process so there’s even more technology. The help I can do is what I
> mean by contributing to progress in technology.
I agree/follow so far.
> I do different things that I think help:
> - Technical creation, where I make some technology that didn’t exist
> before.
> - Giving, where I give money (either as an investment or a donation) to
> people who are trying to create a technology.
> - Purchasing, where I buy technology others have already created which
> provides them with money / incentive to create more.
> - Wealth creation, where I do things that are generally productive and
> create wealth. I think more wealth in general will indirectly result in
> more wealth being used for technology creation.
Do you think there are ways to help tech progress that you haven't listed and that might be better than these?
> I try to do some of each of the above.
Do you have good reasons for why you do each and in the proportions that you do? Would it be better to focus on fewer of them?
I can see some comparative advantage style reasons for doing all them them, but only if those were the only things you did. But you have the rest of your life to do too, so I'm not sure reasons like that would play out.
> They can each be done either on
> my own or in collaboration with others. Sometimes alone is more
> effective; sometimes with others. Most of my giving and purchasing is
> done alone or with my household members. Most of my technical creation
> and wealth creation is done in collaboration with professional networks.
>
> I think that where I have the skills and interest to do so, technical
> creation helps more than giving, purchasing, or wealth creation.
I think wealth creation sounds more valuable than raw technical creation. Tech creation can help you by e.g. automating stuff (and help other ppl too), but wealth creation can make a bigger difference if you're good at it. Being good at it is the hard part I think. Technical creation is much easier, so there are more ppl doing it, e.g. open source projects.
> That’s because in technical creation I can personally judge how
> important working on a particular technology is to me, and I can
> exercise personal control over how it gets created. I have the best
> insights into how the work is going, and the most control over how
> problems are solved.
It sounds like you might soon including some context about how good are (or not) at wealth creation.
Do you mean (or think) that *for you particularly, after considering circumstances and other context, tech creation is the better option* when you say "technical creation helps more"?
> With giving, I’m passing judgment on people’s plans but giving up
> most or all control over how those plans are implemented. I’m trusting
> that others’ description of what they are or will be doing is
> accurate. I’m trusting in their problem solving abilities, and that
> they’ll make choices I think are good, etc.
Yup
> With purchasing, I’m passing judgment on something that’s already
> been created. That’s useful but noisy feedback. The creator may take
> that as a sign to create more of the same technology, even if that
> wouldn’t actually help me much. Or they may incorrectly choose not to
> put their profits into creating more of the same technology, even if
> that would help me a lot.
>
> With wealth creation, my control over what technology gets created and
> the process of creation is the least. I’m just hoping that, with
> additional wealth in the world, people will decide to do some good
> things they wouldn’t have otherwise.
I'm not sure about this.
> my control over what technology gets created and
> the process of creation is the least
I think we must have different ideas of wealth creation. I think of wealth creation as things like building a business, buying/managing capital goods, creating/taking economic opportunities, etc.
Does that line up with your idea of wealth creation?
> people will decide to do some good
> things they wouldn’t have otherwise
I don't think that's safe or something you should take for granted. Some people might, but *which* people? (This is one of the reasons wealth creation is potentially really good, you can find ppl that will do good things they wouldn't have otherwise done)
> The amount of technical creation I can do is mostly limited by my skills
> and interests. I think I’m missing out if I have skills and interests
> in doing technical creation that I’m failing to use.
I can code lots of things in lots of different languages. I'm not using all my skills. I couldn't use them all even if I wanted b/c the options/varieties/etc are just too vast (it's like this for all of us even if it's hard to see). Some of my skills are more valuable than others (some skills are esoteric, and some skills are inefficient b/c of comparative advantage etc).
I *think* you might be in a similar boat to me. Do you think you're "missing out if [you] have skills and interests in doing technical creation that [you're] failing to use", but I'm not? Or am I missing out too? Are our situations qualitatively different?
--
Max
xk.io
I post my FI work/articles/exercise/practice here:
https://xertrov.github.io/fi