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Kaleberg's avatar

I don't think Silver understands risk. He has a romanticized view limited to those who have a choice as to whether to accept certain risks or not. Failure for venture capitalists means not making the big score, not losing everything. There's a reason venture capitalists tend to come from relatively wealthy families. Compulsive gamblers may risk losing everything, but professional gamblers are more like venture capitalists. It may be a negative sum business, but it's still a business.

A woman having sex with a guy she met at a bar takes a much bigger risk than any of these. Ditto for a fireman or peace officer responding to a 911 call. Immigrants to the US took on a broad variety of risks, and despite overcoming many of them are now being clobbered by a long shot outcome. These risks are much harder to romanticize. They are definitely not flowing in Silver's river.

Philip Koop's avatar

Did you check for false positives? Is the fraction of posts written by the actual Brad DeLong tagged as AI-assisted zero percent?

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