September 28, 2023
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31:25Now PlayingMichael Gibson joins to discuss his book Paper Belt on Fire, which chronicles his work with Peter Thiel's fellowship program investing in young talent.
He explains how old institutions like academia are declining yet retain lingering prestige, and the development of new ecosystems and hierarchies based on competence. Michael argues creativity comes from outside stale hierarchies, citing the conflict between legitimate prestige and disruptive greatness.
They debate how far we are from the decentralized network state, and if COVID accelerated institutional failure. Malcolm notes elite alternative communities forming, while Simone asks if the paper belt’s dysfunction will deter its acolytes. Overall Michael concludes we need more inspirational stories of success outside institutions.
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