How astonishingly tone deaf. Per Paul Graham, you become a billionaire by working really hard for 9 months with the growth rate is jacked at 93%. Or you work five years to keep a growth rate jacked to 15%. Literally nothing else to it. He literally says that exponential growth is like magic.
Yeah, no kidding. A mathematical formula where the magic of speculative markets and a stupendous amount of money floating in the stock market can just float right up your alley. Just take your place on the top of a pyramid of growth and stay there!
How does one write this with a straight face?
Most people work linear jobs, with linear creation. The amount of work that they actually do in a day is what they can accomplish with their hands, their minds, their intellect. Whether it's laying bricks or polishing gemstones or cleaning toilets, or teaching kids for that matter...most people cannot just become a billionaire. They can't just growth it real hard. They have to first escape the very real linearity of making a living wage, providing for a family etc. They don't have the luxury of throwing around capital they don't have. They can't just issue their own cryptocurrency or stock and get the market to start funneling it all to them. Hell, their limited investments in stock will only get them piddly millions if they're lucky.
It shows how absolutely broken the system is that people will just say this in a straight face and expect us to not just guffaw at it.
Paul, I hope you read stuff here because growthism is exactly why the system is so fucked up right now, and enshittification is the proof positive of how little all the oversized monsters out there give a shit about how anything works in reality.
Just 93% growth your way there. Good idea, thanks for the tip, Paul.