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Douglas_Knight comments on What are "the really good ideas" that Peter Thiel says are too dangerous to mention? - Less Wrong Discussion

2 Post author: James_Miller 12 April 2015 09:07PM

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Comment author: Douglas_Knight 13 April 2015 08:16:34PM 3 points [-]

The question was for something that’s true that everyone agrees with you on, but everyone here ignored that. The point of the monopoly example is that everyone agrees that they want their businesses to be monopolies, but they aren't allowed to say it. And this is quite explicit in business school, although they usually use the phrase "barriers to entry." They talk about building barriers to entry to reduce competition and defend profit margins. Pretty clear. The difference between a normal class and Thiel's class is that he used the word "monopoly." And then Thiel gave an example with a very different interpretation, an idea where people generally believe A, but believe that there is a consensus going the opposite direction.