I think this quote is objectively accurate:
"of all would-be jumpers who were thwarted from leaping off the Golden Gate between 1937 and 1971 — an astonishing 515 individuals in all — he painstakingly culled death-certificate records to see how many had subsequently “completed.” His report, “Where Are They Now?” remains a landmark in the study of suicide, for what he found was that just 6 percent of those pulled off the bridge went on to kill themselves. Even allowing for suicides that might have been mislabeled as accidents only raised the total to 10 percent."
In other words, if you ever think you want to kill yourself, there's a 90% chance you're wrong. Behave accordingly.
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Just as a datapoint, though I expect my reaction is not atypical: I consider myself something of an insider — I have been to several meetups and I comment on LW regularly — and this seems cultish to me. I have to agree that, pretty inevitably, outsiders would see this kind of ritual as cultish. We would do well to understand the complexities involved.
It does sound like fun, though.
The part where you read exerts from HP Lovecraft and the sequences makes my cult sensors go off like a foghorn. All of the rest of it seems perfectly beneign. It's just the readings that make me think "CULT!" in the back of my mind. It seems like they're being used as a replacement for a sacred text and being used to sermonize with. If it weren't for that, this would seem much less cultish and more like a university graduation or a memorial or other secular-but-accepted-and-important ritual.