“The eccentric university professor is a species that is going to be extinct fast. […] The bad currency is driving out the good and in effect where the people who are nimble in the art of writing for grants are displacing the idiosyncratic thinkers who are generally much less nimble at that sort of activity.”
Peter Thiel (in discussion with David Graeber) spot on in 2014. Exactly that happened.
But now consider, what ChatGPT etc. will do? The bad currency now gets amplification by “artificial intelligence”. And I think the best description for ChatGPT might in fact would be: mediocrity amplifier (similar like its data-foundation Wikipedia).
Sounds like what happened in banking and investment in the last decades and worked perfectly well as we all know (2008, 2022, ...).
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