[HN Gopher] Interview with Patrick Collison
       ___________________________________________________________________
        
       Interview with Patrick Collison
        
       Author : jger15
       Score  : 114 points
       Date   : 2021-03-08 13:41 UTC (9 hours ago)
        
 (HTM) web link (noahpinion.substack.com)
 (TXT) w3m dump (noahpinion.substack.com)
        
       | alexashka wrote:
       | This is a solid example of book smart, real life stupid.
       | 
       | He can link and quote what he has read until the cows come home
       | but if his conclusion is always 'I don't know', then why even
       | bother saying anything at all?
       | 
       | 'What do you think about X?' 'I don't know. Also, here are some
       | disconnected factoids I read on the topic over the past year and
       | can link you to.'
       | 
       | Excuse me, isn't that exactly what Google does, but much better
       | than you? What have you _synthesized_ after all that reading,
       | other than don 't know and it's complicated?
       | 
       | People really can't seem to tell an aristocrat asshole who spends
       | his/her days reading to impress others over people who actually
       | understand a thing or two about the world.
       | 
       | Here's a simple tip: if someone uses words like 'larval' when
       | 'early' will do and it's not for comedic or literary effect,
       | chances are extremely high that you are talking to an asshole.
        
         | dang wrote:
         | Personal attacks will get you banned on HN. No more of this
         | please.
         | 
         | https://news.ycombinator.com/newsguidelines.html
        
         | steve-benjamins wrote:
         | I think it's just that the smarter you are, the more likely you
         | give nuanced answers.
         | 
         | It's called epistemological humility but I'm sure you'll just
         | assume I'm an asshole.
        
         | jacquesm wrote:
         | > chances are extremely high that you are talking to an
         | asshole.
         | 
         | Pot, meet kettle. Really, this drivel has no place on HN.
        
       | pjscott wrote:
       | > Swiss nationals have won more than ten times more science
       | Nobels per capita than Italians have. Ten times! And yet they're
       | neighbors, and Italy certainly isn't lacking in scientific
       | tradition -- Fermi, Galileo, the oldest university in Europe,
       | etc. The "how" of science just really matters.
       | 
       | One thing I worry about in the US is homogenization in the way
       | science is done. You won't find all that much difference between
       | how scientists operate in California versus how they operate in
       | Massachusetts or Idaho or anywhere else. There's pretty much the
       | same grant application process, same peer review process, same
       | journals, same conferences. And that would be fine if we knew
       | that we were doing things the Right Way -- but as it is, it just
       | feels like putting all our eggs in one basket.
        
         | Kye wrote:
         | Can you expand a little? It's not clear what problem could come
         | from having a standard process for funding, reviewing, and
         | sharing science. I know there _are_ problems, like the
         | replication crisis, but I 'm not tapped in enough to know
         | if/how that kind of thing links to the way science is done.
        
           | pjscott wrote:
           | Sure! As an illustrative example, let's look a bit at the
           | standard process for funding.
           | 
           | One of the main parts of being a scientist, at least as
           | measured by time spent, is writing grant applications.
           | Scientists spend a huge percentage of their working hours
           | asking for money from an elaborate, high-overhead funding
           | system that goes to great lengths to try to avoid spending
           | money on the wrong things. But in practice the correlation
           | between attractiveness of grant proposals and the quality of
           | the resulting research doesn't seem to be strong, meaning
           | that this process might just be, at least to a first
           | approximation, an ever-more-expensive random number
           | generator.
           | 
           | You can certainly imagine other ways to do it. Funding
           | agencies could try allocating money at coarser granularity,
           | e.g. larger grants shared among more researchers with much
           | less specificity about how the money is to be spent; I hear
           | this used to be more common many decades ago. Or they could
           | do a quick-and-dirty screening for what 1-2 page research
           | proposals aren't obviously terrible and send out money to the
           | vaguely plausible ones at random [1], which would at least
           | have lower overhead. Or you could have grant money allocated
           | by individual people instead of committees, with less
           | deliberation and guaranteed fast turnaround time to a yes-or-
           | no decision, e.g. [2] and [3].
           | 
           | In general there's usually more than one way to do something,
           | and I worry about a monoculture getting stuck doing things in
           | a deeply suboptimal way but unable to change. I could tell
           | similar stories about the modern peer review process (a
           | relatively recent thing, and arguably not very good at
           | solving the problem it's meant to solve), or the persistence
           | of bad statistical methods in a lot of fields because they're
           | the standard that everyone expects, or various other things.
           | 
           | [1] https://www.vox.com/future-
           | perfect/2019/1/18/18183939/scienc...
           | 
           | [2] https://marginalrevolution.com/marginalrevolution/2018/09
           | /em...
           | 
           | [3] https://fastgrants.org/
        
       | phtrivier wrote:
       | > France today gets three quarters of its electricity from
       | nuclear power.
       | 
       | Yup, and one of the surest way to loose an election and / or
       | media support in France is to ever mention the fact that you
       | might _even_ consider this to be a not-entirely-terrible thing.
       | 
       | Anyway, this person seems really interesting.
        
         | gabagool wrote:
         | > ever mention the fact that you might even consider this to be
         | a not-entirely-terrible thing
         | 
         | If I'm parsing this correctly, you mean that nuclear power is
         | unpopular in France?
        
           | phtrivier wrote:
           | It's... complicated, but in a nutshell, yes, it's unpopular .
           | The closest thing we have to data would be polls [1], which
           | shows that the view is now positive only for a minority
           | (although the ratio is 47 / 53, so you might say it's
           | "slighly" unpopular.)
           | 
           | It's clearly became a purely political and partisan topic
           | though ; the right-wing, older and upper class will be more
           | favorable than the left-wing and youngster.
           | 
           | The French Green party, the most "visible" NGOs, left-wing
           | press and public media are (rather) openly against nuclear.
           | 
           | Right-wing press and the industry is only slighly more
           | favorable. Quite surprisingly, even the far-right movement is
           | going "full nuclear" those days.
           | 
           | A large part of the population is concerned by security and
           | the handling of nuclear waste ; and too many believe that our
           | nuclear plants are _contributing_ to global warming [2].
           | 
           | The debate is not going to get better any time soon, as we're
           | about to reach both the end-of-life of the 40-year-old
           | plants, and... an electoral year.
           | 
           | [1] http://www.odoxa.fr/sondage/nucleaire-lopinion-sest-
           | retourne...
           | 
           | [2] https://www.lepoint.fr/economie/rechauffement-les-
           | francais-a...
        
       | Wonnk13 wrote:
       | I guess I've drank the koolaide whole, because not landing a
       | position at Stripe is one of my larger regrets in the tech world.
       | Oh how they've grown in the last few years! Curious how the
       | culture is now.
        
       | sroussey wrote:
       | In the early days, when I was implementing Stripe and we were
       | about to launch, he gave me his phone number in case anything
       | went wrong or I had an emergency. And he answered (I think it was
       | the middle of the night). :)
        
       | atlasunshrugged wrote:
       | I had the chance to briefly meet Patrick in Estonia some years
       | ago when he came to our offices at e-Residency. He immediately
       | struck me as an incredibly intelligent person that had a crazy
       | mix of intellect, curiosity, and eq. This interview definitely
       | solidified for me that he is probably one of the best, and
       | underrated, entrepreneurs out there right now.
        
         | cm2012 wrote:
         | Underrated by the public but Paul Graham holds the Collison
         | brothers in incredibly high esteem, lots of other SV people do
         | also.
        
           | bacon_waffle wrote:
           | My partner cooked for the very-early Stripe crew, and has
           | shared some of her fond memories from that time with them.
           | 
           | pc - No telling when we'll get back up to CA, but there's
           | buffalo chicken mac 'n cheese on offer :).
        
           | danudey wrote:
           | Having worked with them in the past (when Patrick was a newly
           | "on paper" millionaire and not a widely known billionaire
           | visionary), I feel the same way.
           | 
           | They're smart, sure, and have great ideas and execution,
           | sure, but they're also just really, really great people, and
           | fun guys to hang out with.
        
             | jacquesm wrote:
             | The one thing that stands out for me - and this goes for
             | both brothers - is their modesty. There are a lot of people
             | thumping their chests all day long about very minor
             | achievements and these guys just plug away at what
             | underpins a very large fraction of all e-commerce. Stripe
             | one day will be really too big to fail.
        
         | keithwhor wrote:
         | Patrick is a great many things but I wouldn't include
         | underrated on that list. I don't think anybody operating with
         | or around him believes he's anything but one of the most
         | competent executives on the planet today. If you surveyed 100
         | venture capitalists and asked them the likelihood of Stripe
         | hitting a $1T market cap, I think 99 would agree and one would
         | be trying desperately hard to appear contrarian.
        
           | atlasunshrugged wrote:
           | Yeah, for sure not underrated in the valley and by people who
           | know him but I meant generally. I doubt the average person
           | knows much about him or Stripe
        
             | redisman wrote:
             | The general public only cares about consumer goods. Why
             | would they know anything about a payments processing CEO?
             | The "star" CEOs are all from consumer goods - Steve Jobs,
             | Bezos and Elon Musk are probably the only ones any American
             | can name.
        
             | keithwhor wrote:
             | Stripe's not a publicly traded company yet -- it will be at
             | some point -- and I get the sense that Patrick and John are
             | enjoying the relative obscurity while they still can.
        
               | preinheimer wrote:
               | "relative" I think John was on some sort of an ad on all
               | the transit signs in SF, maybe during Dreamforce a few
               | years back.
        
           | vvladymyrov wrote:
           | I heard similar opinion recently about Square hitting $1T
           | market cap too. Let's hope that market is big enough for both
           | companies.
        
       | DonaldFisk wrote:
       | Almost 20 years ago, I met Patrick at a Lisp meetup in a pub in
       | London where he talked to us about Croma, the Lisp he developed
       | for Web use. I learned that he was looking for a Lisp machine,
       | and as I had a Symbolics 3630 which I hardly ever used, I
       | arranged for someone to pick it up and deliver it to him. I
       | wonder if it still works and if he is still using it.
        
         | pc wrote:
         | Donald! It's great to hear from you. I still have your Lisp
         | machine and in fact booted it last time I was at my parents'
         | home in Ireland last year. Using one was quite formative for
         | me... Lisp machines significantly elevated my bar for what
         | developer experiences could be and, on some level, that whole
         | line of thinking is what led to Stripe.
        
           | kylegill wrote:
           | Thanks for sharing! What a neat moment to observe a friendly
           | in-person interaction, reconnected via the internet years
           | later.
           | 
           | To me it seems like this is an example of how "the explosive
           | expansion in access to opportunity facilitated by the
           | internet" isn't limited to business opportunity.
        
         | [deleted]
        
       | [deleted]
        
       | simonebrunozzi wrote:
       | > Swiss nationals have won more than ten times more science
       | Nobels per capita than Italians have. Ten times! And yet they're
       | neighbors, and Italy certainly isn't lacking in scientific
       | tradition -- Fermi, Galileo, the oldest university in Europe,
       | etc.
       | 
       | Interesting comparison, but I offer a different interpretation.
       | 
       | First of all, unfair to compare CH (Switzerland) with IT (Italy),
       | instead of IT to FR (France), DE (Germany), ES (Spain), UK
       | (United Kingdom), countries of rather similar population size,
       | economy, land mass, etc.
       | 
       | If you look at the list of countries by Nobel laureates per
       | capita [0], you find the following:
       | 
       | CH: 4th; 27 laureates; 31.6 per 10M people.
       | 
       | UK: 10th; 133 laureates; 19.4 per 10M people.
       | 
       | DE: 14th; 109 laureates; 13.2 per 10M people.
       | 
       | FR: 17th; 70 laureates; 10.6 per 10M people.
       | 
       | IT: 33rd; 20 laureates; 3.3 per 10M people.
       | 
       | ES: 43rd; 8 laureates; 1.72 per 10M people.
       | 
       | In fact, CH is in the same ballpark as Sweden, Norway and
       | Denmark. Smaller countries, richer countries, countries with a
       | better education system overall.
       | 
       | In addition to that, of the 20 laureates in science in CH, 4
       | (20%) were born in other countries [1].
       | 
       | This is not (as it might certainly appear) to be pedantic, but
       | rather to show that interpretation of data can give us a
       | different story, based on what we are looking for.
       | 
       | [0]:
       | https://en.wikipedia.org/wiki/List_of_countries_by_Nobel_lau...
       | 
       | [1]:
       | https://en.wikipedia.org/wiki/List_of_Nobel_laureates_by_cou...
        
       | draw_down wrote:
       | My favorite part is when he calls "GEB" a slog. I think it's one
       | of the most overrated books of the last 50 years.
        
       | colmanhumphrey wrote:
       | > Nobody in financial services thinks that real-time settlement
       | is a bad idea
       | 
       | Maybe this is referring to something else, but e.g. Matt Levine
       | thinks it's a bad idea:
       | https://www.bloomberg.com/news/newsletters/2021-02-26/money-...
       | discusses how real time settlement on spot prices for electricity
       | would be worse than the alternative.
       | 
       | https://www.bloomberg.com/news/newsletters/2021-02-25/money-...
       | discusses how real time settlement would require you to have all
       | money on hand immediately, making trading more difficult and
       | expensive. Also amusingly:
       | 
       | > It is not unimaginable that the stock market could move to
       | real-time settlement; you could put stocks on the blockchain
       | hahaha.
        
       | ivanech wrote:
       | I think picking on the FAA is a little unfair. For the past ~20
       | years, they've been enormously successful in overseeing
       | commercial airliner operations - I think the last commercial
       | crash in the US that killed all onboard was in 2009
        
         | Judgmentality wrote:
         | I think that's entirely the problem. I'm worried it's a sign
         | that the FAA is no longer as effective as it once was, and the
         | problems are going to quickly grow as time goes on.
         | 
         | This is a guess, of course. Time will tell.
        
         | wonder_er wrote:
         | Just a few days, at the top of HN, was this post[0]: "FAA
         | safety engineer goes public to slam agency's oversight of
         | Boeing's 737 Max".
         | 
         | It links to a Seattle Times article [1] that outlines (from the
         | inside) systemic failures in how the FAA attempts to implement
         | it's own mandate.
         | 
         | That article would lead one to believe that it is in fact
         | difficult to be _overly_ critical of the FAA.
         | 
         | It has a stranglehold on innovation in the industry, and...
         | well, just because you grew up with it (presumably) doesn't
         | mean it's not the laughingstock of international aviation-
         | oriented industries.
         | 
         | The FAA is a trashfire. Persons who grew up in the USA don't
         | have a benchmark on what it would look like for an agency that
         | did it's job well.
         | 
         | [0]: https://news.ycombinator.com/item?id=26376549
         | 
         | [1]: https://www.seattletimes.com/business/boeing-
         | aerospace/faa-s...
        
         | markdown wrote:
         | > I think the last commercial crash in the US that killed all
         | onboard was in 2009
         | 
         | The FAA approved the MAX and let it keep flying after the first
         | crash because it wasn't Americans who died. They only acted
         | after more died in a second crash and they could no longer
         | pretend they weren't at fault for those deaths.
        
         | pjscott wrote:
         | This is what institutional decay often looks like! They can
         | still carry out a set of procedures allowing them to do the
         | same thing they've been doing for a long time -- but they get
         | less efficient, less flexible, more ossified. They are no
         | longer the FAA that figured out how to oversee airline
         | operations; they're the FAA that follows the script left to
         | them by their predecessors. Collison gives a nice example:
         | 
         | > The avionics you see in cockpits are bafflingly primitive
         | because it's so hard, slow, and expensive to get the FAA to
         | approve new technology. As a result, pretty much every pilot
         | flies with an iPad running sophisticated flight planning
         | software -- their connection to a world that the FAA doesn't
         | encumber.
         | 
         | There was a time when the FAA was much better at dealing with
         | new technology. There was a time when _all_ the technology in
         | their purview was new. Something changed.
        
           | stillyslalom wrote:
           | iPads can run out of battery or get smashed in turbulence or
           | fall prey to bugs/malware; old-fashioned steam gauges cannot.
           | The FAA's regulations are written in blood - the aviation
           | fatality rate has fallen sharply over the years [0] thanks to
           | a combination of technological advancement and regulation.
           | Aircraft builders are still free to do pretty much whatever
           | they want within the 'experimental' category, provided they
           | mount a placard informing occupants that the aircraft is
           | experimental.
           | 
           | [0] https://aviation-safety.net/graphics/infographics/Fatal-
           | Acci...
        
       | cinntaile wrote:
       | A bit of a shame that this is not available in audio format, it's
       | quite a long read.
       | 
       | I never used Stripe the financial system but I like that Stripe
       | has a book division, the books they have published so far are
       | right up my alley so keep up the good work.
        
         | dbrereton wrote:
         | There's a chrome extension called audiblogs [0] that can
         | convert any article into audio format. Here's the audio version
         | of this article:
         | https://audiblogs.com/share/4ce7e9c6-0970-4fa6-8cdb-ac244104...
         | 
         | [0] https://audiblogs.com/
        
       ___________________________________________________________________
       (page generated 2021-03-08 23:01 UTC)