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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    Patrick McKenzie‏ @patio11 10 Jan 2019
    • Report Tweet
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    Replying to @Austen @AustenAllred

    Ever get the feeling “Hmm, so many of the criticisms of finance rhyme with criticisms of tech that I wonder if I greatly misjudged bankers and should retroactively regret most negative thoughts about them?”

    11:37 PM - 10 Jan 2019
    • 2 Retweets
    • 30 Likes
    • bayes base bays based Cryptarchist Brenner Matthew Pineda JH Scherck Stephen Mulholland justin waldron Con Healy Austen Allred
    5 replies 2 retweets 30 likes
      1. New conversation
      2. Austen Allred‏ @Austen 10 Jan 2019
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        Replying to @patio11

        I don't really blame bankers (as a whole) for anything. It doesn't make sense to punish a coin operated machine for performing the operation it was built to perform when you put a coin in. If you want it to perform differently you have to adjust the machine.

        3 replies 1 retweet 13 likes
      3. Thomas "If in doubt, don't go out" Clarke‏ @deworde 10 Jan 2019
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        Replying to @Austen @AustenAllred @patio11

        Isn't this literally the core thesis of Karl Marx's work?

        1 reply 0 retweets 0 likes
      4. 2 more replies
      1. New conversation
      2. Trevor McKendrick‏Verified account @TrevMcKendrick 10 Jan 2019
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        Replying to @patio11 @AustenAllred

        This was starkest for me previously during the tech hearings

        1 reply 0 retweets 0 likes
      3. Austen Allred‏ @Austen 10 Jan 2019
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        Replying to @TrevMcKendrick @patio11

        Gell-Mann amnesia effect is real

        0 replies 0 retweets 5 likes
      4. End of conversation
      1. Kamil Choudhury‏ @kchoudhu 10 Jan 2019
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        Replying to @patio11 @AustenAllred

        It turns out warped incentive schemes result in absurd results regardless of industry.

        0 replies 0 retweets 3 likes
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      1. Matthew Pineda‏ @mpineda3247 10 Jan 2019
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        Replying to @patio11 @AustenAllred

        Tech has replaced finance as the most influential sector, and the cultural memes about Wall Street are seeming to be shifted to tech. While I think the larger players deserve the criticisms, I don’t think start ups and groups trying new and noble things should be scrutinized

        0 replies 0 retweets 1 like
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      1. Aλex‏ @alexkyllo 11 Jan 2019
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        Replying to @patio11 @AustenAllred

        Just the opposite here, should have been more suspicious of techies like I already was of bankers

        0 replies 0 retweets 0 likes
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