Thank you for the article! I found the "I understand computers and therefore the world" in the beginning a bit pretentious, but after reading the rest anyway, it doesn't anymore. I'd summarize the piece as:
"The hacker mindset comes with powerful tools: The urge to figure stuff out, the creativity to use it in unusual ways and the passion to share knowledge. Let's use it to make the world a better place. Start a company and gather allies. If enough of us do this, we'll have an impact on the world."
Yep. I know this is probably a bit revisionist (old-timey inventors wanted to get rich quick too) but it feels like companies used to more often be geared toward longevity, not ascendance, and I don't see how they could achieve longevity while constantly trying to make shareholders rich. Longevity really should be up there on the list of goals, with security and prosperity for all those involved.
I suppose a meat grinder growfast company could invent world-improving products that justify employee churn and abuse, but those would be unicorns with diamond encrusted horns.
What is the point of any of our actions if they don't benefit people?
The story of GE under Jack Welch and his underlings that spread out from there is horrifying. Boeing got caught up in it with the MD reverse acquisition. There was an audiobook I listened to recently that covered a bunch of this but I can't for the life of me find the title right now.
The idea is to focus on creating value that fits your morals and values, not just to focus on “creating value for VCs” which is what usually begets the “scale at all costs” conversation that has been so popular during the ZIRP we’ve lived through.