Very excited about today's free post: Big Tech and the End of History https://diff.substack.com/p/big-tech-at-the-end-of-history … Plus! Belt & Road & Vial CCP and SMBs Hire Fast, Transfer Fast Life Imitates Science Fiction More...
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There are eerie parallels between the lifecycles of tech companies and growing economies. Export-driven, high-productivity growth is a very close analogue to technology-driven growth. And, like countries, companies mature into a steadier state.
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But that steady state doesn't last forever! It develops internal contradictions and external threats. "The End of History and the Last Man" gives a view-from-the-90s about what that prosperous peak feels like, and what its structural weaknesses might be.
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Humans can be modeled as rational actors, but the more interesting they are, the less they're motivated by pure wants and reason, and the more they're motivated by thymos—the pursuit of glory at personal risk.
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An easy life is fatal to thymos, and leaves institutions vulnerable to competitors who have fewer resources but much more spirit. Some companies still have thymos, perhaps by accident. But they should all think about how to deliberately cultivate it.
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Replying to @MorlockP @ByrneHobart
you have one wolf outside you, and it feeds you
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outside you are two humans
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