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People with negative taste can pick out the bad movies. They just can’t make great ones.

It’s been a while since a particular piece of technology has felt as fraught, efficient, and consequential as today’s text-to-image AI art-generation tools like DALL-E 2 and Midjourney.

All of these models neglect, however, that individuals routinely use legitimacy as a shortcut for evaluating the quality of the ideas around them. What may intuitively feel like evaluating an idea on its merits has oftentimes already factored in how an idea is communicated, and who is communicating it. We do this because it is harder for us to

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3. Pent-up demand for stuff fed by a credit boom and a hidden 1930s productivity boom led to an economic boom.

Meanwhile, beer mode is filled with surprises that are impossible to predict. On most days, you feel like you wasted time because you don’t make a breakthrough discovery. But once in a while, beer mode leads to an intellectual breakthrough that you would’ve never discovered in coffee mode. In turn, they improve how you allocate your coffee mode... See more

Success has a nasty tendency to increase confidence more than ability. The longer it lasts, and the more it was tied to some degree of serendipity, the truer that becomes.