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							- December 2014If the world were static, we could have monotonically increasing
 
- confidence in our beliefs.  The more (and more varied) experience
 
- a belief survived, the less likely it would be false.  Most people
 
- implicitly believe something like this about their opinions.  And
 
- they're justified in doing so with opinions about things that don't
 
- change much, like human nature.  But you can't trust your opinions
 
- in the same way about things that change, which could include
 
- practically everything else.When experts are wrong, it's often because they're experts on an
 
- earlier version of the world.Is it possible to avoid that?  Can you protect yourself against
 
- obsolete beliefs?  To some extent, yes. I spent almost a decade
 
- investing in early stage startups, and curiously enough protecting
 
- yourself against obsolete beliefs is exactly what you have to do
 
- to succeed as a startup investor.  Most really good startup ideas
 
- look like bad ideas at first, and many of those look bad specifically
 
- because some change in the world just switched them from bad to
 
- good.  I spent a lot of time learning to recognize such ideas, and
 
- the techniques I used may be applicable to ideas in general.The first step is to have an explicit belief in change.  People who
 
- fall victim to a monotonically increasing confidence in their
 
- opinions are implicitly concluding the world is static.  If you
 
- consciously remind yourself it isn't, you start to look for change.Where should one look for it?  Beyond the moderately useful
 
- generalization that human nature doesn't change much, the unfortunate
 
- fact is that change is hard to predict.  This is largely a tautology
 
- but worth remembering all the same: change that matters usually
 
- comes from an unforeseen quarter.So I don't even try to predict it.  When I get asked in interviews
 
- to predict the future, I always have to struggle to come up with
 
- something plausible-sounding on the fly, like a student who hasn't
 
- prepared for an exam.
 
- [1]
 
- But it's not out of laziness that I haven't
 
- prepared.  It seems to me that beliefs about the future are so
 
- rarely correct that they usually aren't worth the extra rigidity
 
- they impose, and that the best strategy is simply to be aggressively
 
- open-minded.  Instead of trying to point yourself in the right
 
- direction, admit you have no idea what the right direction is, and
 
- try instead to be super sensitive to the winds of change.It's ok to have working hypotheses, even though they may constrain
 
- you a bit, because they also motivate you.  It's exciting to chase
 
- things and exciting to try to guess answers.  But you have to be
 
- disciplined about not letting your hypotheses harden into anything
 
- more.
 
- [2]I believe this passive m.o. works not just for evaluating new ideas
 
- but also for having them.  The way to come up with new ideas is not
 
- to try explicitly to, but to try to solve problems and simply not
 
- discount weird hunches you have in the process.The winds of change originate in the unconscious minds of domain
 
- experts.  If you're sufficiently expert in a field, any weird idea
 
- or apparently irrelevant question that occurs to you is ipso facto
 
- worth exploring. 
 
- [3]
 
-  Within Y Combinator, when an idea is described
 
- as crazy, it's a compliment—in fact, on average probably a
 
- higher compliment than when an idea is described as good.Startup investors have extraordinary incentives for correcting
 
- obsolete beliefs.  If they can realize before other investors that
 
- some apparently unpromising startup isn't, they can make a huge
 
- amount of money.  But the incentives are more than just financial.
 
- Investors' opinions are explicitly tested: startups come to them
 
- and they have to say yes or no, and then, fairly quickly, they learn
 
- whether they guessed right.  The investors who say no to a Google
 
- (and there were several) will remember it for the rest of their
 
- lives.Anyone who must in some sense bet on ideas rather than merely
 
- commenting on them has similar incentives.  Which means anyone who
 
- wants such incentives can have them, by turning their comments into
 
- bets: if you write about a topic in some fairly durable and public
 
- form, you'll find you worry much more about getting things right
 
- than most people would in a casual conversation.
 
- [4]Another trick I've found to protect myself against obsolete beliefs
 
- is to focus initially on people rather than ideas. Though the nature
 
- of future discoveries is hard to predict, I've found I can predict
 
- quite well what sort of people will make them.  Good new ideas come
 
- from earnest, energetic, independent-minded people.Betting on people over ideas saved me countless times as an investor.
 
- We thought Airbnb was a bad idea, for example. But we could tell
 
- the founders were earnest, energetic, and independent-minded.
 
- (Indeed, almost pathologically so.)  So we suspended disbelief and
 
- funded them.This too seems a technique that should be generally applicable.
 
- Surround yourself with the sort of people new ideas come from.  If
 
- you want to notice quickly when your beliefs become obsolete, you
 
- can't do better than to be friends with the people whose discoveries
 
- will make them so.It's hard enough already not to become the prisoner of your own
 
- expertise, but it will only get harder, because change is accelerating.
 
- That's not a recent trend; change has been accelerating since the
 
- paleolithic era.  Ideas beget ideas.  I don't expect that to change.
 
- But I could be wrong.
 
- Notes[1]
 
- My usual trick is to talk about aspects of the present that
 
- most people haven't noticed yet.[2]
 
- Especially if they become well enough known that people start
 
- to identify them with you.  You have to be extra skeptical about
 
- things you want to believe, and once a hypothesis starts to be
 
- identified with you, it will almost certainly start to be in that
 
- category.[3]
 
- In practice "sufficiently expert" doesn't require one to be
 
- recognized as an expert—which is a trailing indicator in any
 
- case.  In many fields a year of focused work plus caring a lot would
 
- be enough.[4]
 
- Though they are public and persist indefinitely, comments on
 
- e.g. forums and places like Twitter seem empirically to work like
 
- casual conversation.  The threshold may be whether what you write
 
- has a title.
 
- Thanks to Sam Altman, Patrick Collison, and Robert Morris
 
- for reading drafts of this.
 
 
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