Chamath Palihapitiya
Founder and CEO of the venture firm Social Capital, co-host of the All-In podcast, and an early executive at Facebook.
Chamath Palihapitiya did not write this page.
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Their wordsRecursive self improvement will dramatically increase capability very quickly from here.
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Their wordsLooking at the results and capabilities from the various labs over the past few weeks I would say we are firmly in this loop now.
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Their wordsMarginal costs of all models will go to ~$0.
- 6 years earlier
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Their wordsif I can observe the present in a reasonably unemotional and detached way, to your point, I can put a plan together.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 1st of 10 in this recording
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Their wordswhat sectors of the economy will benefit irrespective of whether we go to -5 or +5? Because I don't know what the answer to that question is.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 2nd of 10 in this recording
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Their wordswhen push comes to shove, um what you're always going to be fighting is yourself. Um panicking, overreacting, underreacting, um you know, um refusing to observe the present, um living too much in the past, wanting too much to believe in the future. So, it's all psychological traps.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 3rd of 10 in this recording
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Their wordsif you define certain behavioral principles that protect you from the worst parts of your own psychology, um that's a winning strategy.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 4th of 10 in this recording
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Their wordsI really think that spending time understanding yourself and then translating that into actionable guardrails that you write down and you stick to um, is a really important thing.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 5th of 10 in this recording
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Their wordsI've learned that my pattern recognition before was too brittle. It was too superficial. I would ask dumb obvious questions for which any good CEO will have very good practiced answers.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 6th of 10 in this recording
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Their wordspeople reveal themselves in small little ways over long periods of time. And when you can observe enough of those observations, you can pull them together to get a really good sense of integrity.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 7th of 10 in this recording
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Their wordsI allow myself to be seduced. I allow myself to sort of fall for the narrative. I allow myself to believe the totality of what that other person believes fully and completely.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 8th of 10 in this recording
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Their wordsBusiness school as an example has taught you that redundancy is waste and waste can be converted into profit and profit is converted into compensation. And I think that is what people have really drank the Kool-Aid on.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 9th of 10 in this recording
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Our reading
Continuing to learn means that today's views will probably look slightly immature and naive later.
Their wordsif I'm evolving, I will have learned so much more that my thoughts today will seem slightly immature and naive.
↗Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com 10th of 10 in this recording