Oh, I think I misunderstood the quote. I took it to mean "underdogs are defined as those who lose", not "underdogs tend to lose much more often than popularly assumed". So what he means is that those who believe in underdogs are poorly calibrated and therefore unwise. Is this the intended reading?
So what he means that those who believe in underdogs are poorly calibrated and therefore unwise. Is this the intended reading?
This was my reading and I think GLaDOS and Ahtrelon's, I'm not completely sure it was the intended reading since several people took it to your way, but I'm quite confident it was considering his other material.
http://unqualified-reservations.blogspot.com/2013/01/noam-chomsky-killed-aaron-swartz.html
Summary: Moldbug on the Aaron Schwartz affair. Power is a very real thing with real consequences for activists, yet many people don't understand the nature of power in modern times. People like Noam Chomsky get great fame doing bad epistomology about who has power, and as a result do great harm to idealistic nerds who don't read between the lines to selectively target their attacks at weak institutions (Exxon, Pentagon) instead of strong ones (State, academica incl. MIT).
Here he returns to a theme that is one of his real contributions to blogospheric political thought: that victory in political competitions provides Bayesian information about who has power and who doesn't. If your worldview has the underdog somehow systematically beating the overdog, your epistemology is simply wrong - in the same way, and to the same extent, as a geocentrist who has to keep adding epicycles to account for anomalous observations.
This means that activists like King, Schwartz, and Assange are only effective in bullying the weak, not standing up to the strong (despite conventional narratives that misassign strengths to institutions). When such activists stop following the script, and naively use the same tactics to attack strong institutions, reality reasserts itself quite forcefully: