Despite being a "fundamentally reactionary" and anti-industrialization book, "Lord of the Rings" is heavily referenced by Silicon Valley leaders. This highlights a profound ideological disconnect where builders of a Mordor-like industrial future misread the text to see themselves as the pastoral, persecuted hobbits.
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Unlike the industrialists of the past who built wealth from physical assets (atoms), today's super-rich are primarily 'symbol manipulators.' They create fortunes by arranging abstract symbols like code, financial instruments, and media narratives, reflecting a fundamental shift in the economy.
Society has shifted from admiring a range of figures—novelists, academics, humanists—to a singular worship of wealth. The tech boom obliterated this diverse pantheon of role models, creating a culture where billionaires are treated as infallible prophets on every subject, from philosophy to daily habits.
Dominant Silicon Valley ideologies like "Davos expert morality," its "super based" counter, and effective altruism are losing their hold. This creates a cultural vacuum, with a rising desire for work that feels more "worthy and valuable" than building addictive or low-quality "slot and slop machine" products.
Like railroads, AI promises immense progress but also concentrates power, creating public fear of being controlled by a new monopoly. The populist uprisings by farmers against railroad companies in the 1880s offer a historical playbook for how a widespread, grassroots political movement against Big Tech could form.
The negative public discourse around AI may be heavily influenced by a few tech billionaires funding a "Doomer Industrial Complex." Through organizations like the Future of Life Institute, they finance journalism fellowships and academic grants that consistently produce critical AI coverage, distorting the public debate.
Tech culture is structurally optimistic because its players are invested in each other. Nick Land's philosophy is compelling because it provides a rigorous and unfiltered model of capital acceleration without offering a convenient, marketable solution, satisfying a need for intellectual honesty.
Leaders who speak in apocalyptic terms to gain power (e.g., Elon Musk, Sam Altman, Greta Thunberg) are often building world-changing technologies. Investing in this basket of 'doomers' who frame their work in world-consequential stakes has historically been a highly profitable venture capital strategy.
Top AI leaders are motivated by a competitive, ego-driven desire to create a god-like intelligence, believing it grants them ultimate power and a form of transcendence. This 'winner-takes-all' mindset leads them to rationalize immense risks to humanity, framing it as an inevitable, thrilling endeavor.
The tech industry often builds technologies first imagined in dystopian science fiction, inadvertently realizing their negative consequences. To build a better future, we need more utopian fiction that provides positive, ambitious blueprints for innovation, guiding progress toward desirable outcomes.
Tech professionals are becoming a modern 'market-dominant minority'—an identifiable class that wins economically but is outnumbered democratically. Like historical parallels (e.g., Jews in Germany, Chinese in Southeast Asia), this status makes the industry a target for backlash from a frustrated majority, fueled by envy and political opportunism from both the left and right.
