Has a pretty high expense ratio as it's not cheap to implement this strategy and there is no competition at the moment.
I know other people like myself as well, some more obsessed and downright hyperactive even.
People lose themselves in material items and status. I want to buy stuff so I waste less time on things I don't enjoy -- washing machine is the perfect example. I want computers because I can program my ideas. I want an electronic workshop corner because I want to get into that and experiment. I want an air fryer because I have high cholesterol and want to experiment with healthier cooking. Many other good and valid examples exist.
Don't lose yourself in material items. Status does not exist. Decouple your money-making scheme from other people perceiving you as having "status". Important thing is for the number in the bank to keep increasing, everything else is a distraction. As long as you're not harming people, kidnapping kids or raping anyone then by all means, go crazy getting rich by doing legal stuff.
My observation from the 8 rich people I knew in my life is: they got lucky, they succeeded too quickly, they have ZERO direction in life, they have no clue what to do with their free time. They got miserable not even 2 years into it.
To me they are weak and uninteresting people whose only impressive trait is that ONCE in their lifetime they managed to combine two and two together and called somebody at the right time (and these opportunities were more often than not created for them; they didn't initiate them).
But of course, "pull the ladder after yourself" and all, we know it. They are weak and uninteresting but they don't want competition and they have the tools in their hands to ensure that's the case.
It is how it is apparently. I'll fight to become rich as much as my personal limitations allow me and I am likely to fail but at least I won't ever complain about "having too much" or "the moment you have it it's no longer wanted".
Meh. Get some imagination!
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Oh, and that article sounds like paid propaganda: "you actually don't want what you think you want, be happy with what you have". Oh yeah? Well I'll be happy if I work 20h a month for the same money as now. And healthier. I can't. Then bugger off because your article does not help with anything.
Consider yourself lucky then. Privileged even. Money is not the only privilege there is.
which is more likely:
- 1/25 people are knowingly, willingly drinking bleach
- 1/25 people answering online polls are trolls
"this is on me and one of the few times i've been genuinely embarrassed running openai; i did not know this was happening and i should have."
The first thing the above conjures up is the other disgraced Sam (Bankman-Fried) saying "this is on me" when FTX went bust. I bet euros-to-croissants I'm not the only one to notice this.
Some amount of corporate ruthlessness is part of the game, whether we like it or not. But these SV robber-barrons really crank it up to something else.
[1] https://news.ycombinator.com/item?id=40425735
"i've been genuinely embarrassed" --> "yep, totally not my fault actually"
"I should have known" --> "other people fucked this up, and they didn't even inform me"