The dominant ideology treats scientists as monks who should take vows of poverty and dedicate their lives to science without compensation, which obscures the microeconomic reality that compensation structures determine innovation capacity

causalpending

Speaker

Reid Hoffmann

Evidence Quote

We have ideological claims that scientists should be like monks and take a vow of poverty and dedicate their lives to science. But it's the microeconomics—you can't capture any of the value. Y equals 0%

Source

Reid Hoffman & Peter Thiel The Future of RevolutionsWorth Media
Created: 8/13/2026, 9:55:39 AM

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