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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr Apr 29
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      The scarcest resource is real, engaged synchronous meeting time, whether irl, video or audio. When you want people to actually pay attention, voluntarily set aside side-channel activity options, and do the pre-read because they are actually eager to be prepared and participating.

      2 replies 23 retweets 160 likes
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    2. Venkatesh Rao‏ @vgr Apr 29
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      A minute of such time is worth as much as the individual sum of all participants’ time value. If you and I are worth $5/minute, if we do a genuine meeting, that minute is worth $20, not $10. Meeting-coin is how real wealth is mined.

      5 replies 2 retweets 37 likes
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    3. Venkatesh Rao‏ @vgr Apr 29
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      Unfortunately it’s a currency that’s abused and debased in traditional orgs. Meeting printer go brr. People hate meetings because they’re expected to show up for meetings with no incentives to make the meetings real. Negative-sum expected value. $2 instead of $20 gdp/minute.

      1 reply 0 retweets 37 likes
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    4. Venkatesh Rao‏ @vgr Apr 29
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      Getting real meetings to work is so hard, even purely social ones meant to deliver nothing more than the pleasure of company and hanging out — meetups, dates, parties — are hard to sustain after the first curiosity-satisfying instance. Most will die by instance 3.

      1 reply 1 retweet 14 likes
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    5. Venkatesh Rao‏ @vgr Apr 29
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      In comfy orgs full of bullshit work though, futile meeting tracks run by coercion chug on as zombie meetings for months or sometimes years after everybody has kinda died inside when in the meetings. The currency mined is worth negative dollars.

      1 reply 0 retweets 24 likes
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    6. Venkatesh Rao‏ @vgr Apr 29
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      A meeting track need not pay off every time, anymore than every hash mined in a blockchain has to win a block reward. But the expect reward over a reasonable horizon has to be positive. The longer people have known/trusted each other, the longer they can go hungry between “wins”

      1 reply 0 retweets 8 likes
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    7. Venkatesh Rao‏ @vgr Apr 29
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      Now that we’re all being forced to discover true value of meetings by being forced to pay a big coordination tax, we are re-examining meetings with a very skeptical eye. A zoom call is 10x costlier psychologically than an office meeting, and 100x higher than a watercooler bump-in

      4 replies 4 retweets 33 likes
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    8. Venkatesh Rao‏ @vgr Apr 29
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      Even a discord audio chat, the closest thing I’ve found to a water cooler chat is at least 3x the cost of its irl counterpart. Because even text-saying to another person who’s present in the discord, “wanna hop on a chat?” is costlier than simply starting to chat at a watercooler

      1 reply 0 retweets 14 likes
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    9. Venkatesh Rao‏ @vgr Apr 29
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      Even for extroverts it’s easier to stay asynchronous and accept lower rewards than to think harder and engineer the higher rewards to offset higher cost of an audio chat. By contrast, irl, cost of initiating chat is negative because *not* saying hello at water cooler is rude.

      2 replies 0 retweets 14 likes
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      Venkatesh Rao‏ @vgr Apr 29
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      I hope one thing that comes out of this is that we all get better at mining meeting-coin. Even as we debase real currencies around the world to pay ourselves for sitting on our asses while Butters and Kenny do the real work, perhaps meeting-coin will gain in value to compensate.

      8:36 AM - 29 Apr 2020
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      • Midwest Prole ☭ ¨̮ JHR shiv Tom James Nataniel Ruiz Matthew Gardner Eric Richards 🎀 sonyasupposedly.com 🤖
      1 reply 0 retweets 21 likes
        1. Ben Reinhardt‏ @Ben_Reinhardt May 1
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          Replying to @vgr

          There's a weird prisoner's dilemma flavor to meeting prep that I'm unsure how to get around. Especially in 1-1's the person who prepared the least get to be an intolerant minority and force you go over what you already prepped and then just say whatever's on their mind.

          0 replies 0 retweets 1 like
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