Embedded Growth Obligations: Difference between revisions
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'''Embedded Growth Obligations''' (EGOs) are structures built into institutions in times of growth that assume growth will continue. An institution must therefore grow to meet its EGOs, or its leaders must lie about the presence of growth. This compromising of incentives causes institutions to tend towards exploitative or sociopathic behaviors, as their leaders face [https://en.wikipedia.org/wiki/Evolutionary_pressure selective pressures] to maintain the status quo. [[Eric Weinstein]] first publicly introduced the idea in his [https://www.youtube.com/watch?v=LruYnDjkOgU first appearance] on [https://www.youtube.com/channel/UCJdKr0Bgd_5saZYqLCa9mng The Rubin Report] on January 6, 2017. | |||
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'''Embedded | |||
== History == | == History == | ||
Embedded | Embedded Growth Obligations became prevalent during the stable, broadly distributed, technologically-led economic growth following World War II. | ||
Physicist and historian of science [https://en.wikipedia.org/wiki/Derek_J._de_Solla_Price Derek de Solla Price] first mapped embedded growth obligations in his 1961 book ''[[Science Since Babylon]]'', where he noticed that science was on an exponential trajectory that could not reasonably be sustained. | |||
== Examples == | == Examples == | ||
| Line 13: | Line 11: | ||
* Corporate ladders | * Corporate ladders | ||
* Student loans for higher education | * Student loans for higher education | ||
== Child Theories == | == Child Theories == | ||
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* Campaign finance corruption and unfairness | * Campaign finance corruption and unfairness | ||
== | == Further Discussion == | ||
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<blockquote>Embedded Growth Obligations are the way in which institutions plan their future predicated on legacies of growth. And since the period between the end of World War II in 1945 and the early 70s had such an unusually beautiful growth regime, many of our institutions became predicated upon low-variance technology-led, stable, broadly distributed growth. Now, this is a world we have not seen in an organic way since the early 1970s, and yet, because it was embedded in our institutions, what we have is a world in which the expectation is still present in the form of an embedded growth obligation. That is, the pension plans, the corporate ladders, are all still built very much around a world that has long since vanished. | <blockquote>Embedded Growth Obligations are the way in which institutions plan their future predicated on legacies of growth. And since the period between the end of World War II in 1945 and the early 70s had such an unusually beautiful growth regime, many of our institutions became predicated upon low-variance technology-led, stable, broadly distributed growth. Now, this is a world we have not seen in an organic way since the early 1970s, and yet, because it was embedded in our institutions, what we have is a world in which the expectation is still present in the form of an embedded growth obligation. That is, the pension plans, the corporate ladders, are all still built very much around a world that has long since vanished. | ||
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We have effectively become a Growth Cargo Cult. That is, once upon a time, planes used to land in the Pacific, let's say, during World War II, and Indigenous people looked at the air strips and the behavior of the air traffic controllers, and they've been mimicking those behaviors in the years since as ritual, but the planes no longer land. Well, in large measure, our institutions are built for a world in which growth doesn't happen in the same way anymore. | We have effectively become a Growth Cargo Cult. That is, once upon a time, planes used to land in the Pacific, let's say, during World War II, and Indigenous people looked at the air strips and the behavior of the air traffic controllers, and they've been mimicking those behaviors in the years since as ritual, but the planes no longer land. Well, in large measure, our institutions are built for a world in which growth doesn't happen in the same way anymore. | ||
''' | -'''Eric Weinstein''' on [[18: Slipping the DISC: State of The Portal and Chapter 2020|The Portal #18]] @ [https://youtu.be/QxnkGymKuuI?t=776 13 min] | ||
</blockquote> | </blockquote> | ||
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<blockquote> | <blockquote> | ||
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'''-Eric Weinstein''' | '''-Eric Weinstein''' | ||
</blockquote> | </blockquote> | ||
== On X == | |||
=== 2016 === | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/778030676108947456 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Large institutions built on '''implicit growth expectations''' don't die when growth runs out. They simply become pathological in steady state. | |||
|timestamp=12:39 AM · Sep 20, 2016 | |||
}} | |||
=== 2018 === | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1020106681462636544 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The @washingtonpost begins to try to wrestle w/ what may be my most dangerous social idea: institutional [[Embedded Growth Obligations|Embedded Growth Obligations or EGOs]], and the nearly 50Yr corruption & destruction of the institutional expert class. | |||
Enjoy: âUp or Out Goes Sideways.â | |||
https://www.washingtonpost.com/blogs/post-partisan/wp/2018/07/19/up-or-out-goes-sideways/ | |||
|timestamp=12:42 AM · Jul 20, 2018 | |||
}} | |||
=== 2019 === | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1091743276565069826 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=This is why we need to rescue our experts & institutions. We need to stop asking them to lie to us about their needs for growth. If even high energy physics canât escape its inability to meet growth expectations, then all expert communities are suspect. | |||
These are our very best. | |||
|thread= | |||
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|nameurl=https://x.com/EricRWeinstein/status/1091743271875895297 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Iâve been talking about unmeetable [[Embedded Growth Obligations|âEmbedded Growth Obligationsâ or E.G.O.s]] as the reason why all our expert communities are under unbearable pressure to distort across our institutions. The physics community is *very* trustworthy on the experiment-theory level. Yet even here: | |||
|quote= | |||
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|nameurl=https://x.com/skdh/status/1091582806021623808 | |||
|name=Sabine Hossenfelder | |||
|usernameurl=https://x.com/skdh | |||
|username=skdh | |||
|content=Particle physicists surprised to find I am not their cheer-leader | |||
https://backreaction.blogspot.com/2019/02/particle-physicists-surprised-to-find-i.html?spref=tw | |||
|media1=skdh-X-post-1091582806021623808-DyYUwdaWwAEHRbx.jpg | |||
|timestamp=6:23 AM · Feb 1, 2019 | |||
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|timestamp=5:00 PM · Feb 2, 2019 | |||
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|nameurl=https://x.com/EricRWeinstein/status/1091743274526683136 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=This allows us to use Fundamental Physics as a reference for deception. | |||
These folks are our BEST. They arenât lying about their experiments. They arenât lying about agreement w theory. They arenât wrong about expecting another accelerator imho. | |||
Yet the [[Embedded Growth Obligations|EGOs]] make even them fib. | |||
|timestamp=5:00 PM · Feb 2, 2019 | |||
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|nameurl=https://x.com/EricRWeinstein/status/1091743275533266944 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=I may disagree with @skdh on whether we should build another multi-billion dollar accelerator. But she is exactly correct that there is no longer any new physics beyond the Standard Model expected to be found. She is telling truths above her pay-grade in the eyes of our leaders. | |||
|timestamp=5:00 PM · Feb 2, 2019 | |||
}} | |||
|timestamp=5:00 PM · Feb 2, 2019 | |||
}} | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1105867038457618432 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=âThis economy is making liars of us all.â | |||
My model of the universal corruption of our institutional experts via [[Embedded Growth Obligations|âEmbedded Growth Obligationsâ (or E.G.O.s)]] is finally getting a political hearing. This, after decades of being ignored. | |||
Thanks to [[Andrew Yang]] for taking a risk. đ | |||
|quote= | |||
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|nameurl=https://x.com/AndrewYang/status/1105630937398812672 | |||
|name=Andrew Yang | |||
|usernameurl=https://x.com/AndrewYang | |||
|username=AndrewYang | |||
|content=The growth model is breaking down in many industries - but we pretend that it is still going. It is corrupting many of us and many of our institutions. | |||
|media1=AndrewYang-X-post-1105630937398812672.jpg | |||
|timestamp=12:45 AM · Mar 13, 2019 | |||
}} | |||
|timestamp=4:23 PM · Mar 13, 2019 | |||
}} | |||
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|nameurl=https://x.com/EricRWeinstein/status/1172346464095232000 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=I donât actually like saying this, but there is no way out. The United States research enterprise cannot afford this generational effect turning our research enterprise into a giant wealth transfer program. This generation has to lose ill gotten gains: | |||
|quote= | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1102681531066142722 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=As we know, University costs have skyrocketed above inflation. Administrator ranks have ballooned. Student Debt has become non-dischargeable. Adjunct & Student labor have exploded. ETC. | |||
Turns out, there's really only one generation at the helm now steering us into this iceberg: | |||
|timestamp=9:25 PM · Mar 4, 2019 | |||
|media1=ERW-X-post-1102681531066142722.jpg | |||
}} | |||
|thread= | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1172343510453776384 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=We have fused a convent with a bordello and now we canât separate them. The bordello needs a convent for respectability. The convent needs a bordello for resources. These houses divided will not stand until we refactor our institutions. | |||
The problem is us. This is who we became. | |||
|quote= | |||
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|nameurl=https://x.com/GBHNews/status/1170494363635474432 | |||
|name=GBH News | |||
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|username=GBHNews | |||
|content=COMMENTARY <nowiki>|</nowiki> Two prominent local colleges are grappling with a straightforward ethical question that has been made out to be needlessly complex: Should a university return donations of âdirty moneyâ? | |||
https://web.archive.org/web/20190904160345/https://www.wgbh.org/news/commentary/2019/08/29/harvard-mit-and-epsteins-dirty-money | |||
|timestamp=12:29 AM · Sep 8, 2019 | |||
}} | |||
|timestamp=2:57 AM · Sep 13, 2019 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1172343514367053824 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The modern US research university is built on the steepest [[Embedded Growth Obligations|E.G.O. (embedded growth obligation)]] of any major sector. Itâs a pyramid scheme careening out of control with [[Baby Boomer Generation|Boomers]] at the helm of all of the top ones as they have been hooked up for inter-generational wealth transfer. | |||
|timestamp=2:57 AM · Sep 13, 2019 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1172343515910529024 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Itâs time for the failed generations ([[Baby Boomer Generation|Boomers]] & [[Silent Generation|Silents]]) to leave and the untested (GenXers & Millenials) to get to work cleaning up this unholy mess after a pair of failed generations. | |||
The [[Jeffrey Epstein|Epstein]] cover up is the Hill that our Institutional class wishes to die on? | |||
Ok. #SoBeIt | |||
|timestamp=2:57 AM · Sep 13, 2019 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1172344784624615425 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=This is going to keep happening. Plot any metric you like. They all tell a single story: | |||
|quote= | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1100488868997054466 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Should @SamHarrisOrg & I talk about the Boomers and their original & bold approach to stewardship of education, research and our world class universities? | |||
How about how Student Debt was reclassified in 2005 to keep kids from fleeing this experimental approach through bankruptcy? | |||
|timestamp=8:12 PM · Feb 26, 2019 | |||
|media1=ERW-X-post-1100488868997054466-D0W4xE0WsAYWqlb.jpg | |||
|media2=ERW-X-post-1100488868997054466-D0W4xErWsAE0UyJ.jpg | |||
|media3=ERW-X-post-1100488868997054466-D0W4xErWkAAYJ2n.jpg | |||
|media4=ERW-X-post-1100488868997054466-D0W4xEoWkAI1u3p.jpg | |||
}} | |||
|timestamp=3:02 AM · Sep 13, 2019 | |||
}} | |||
|timestamp=3:09 AM · Sep 13, 2019 | |||
}} | |||
=== 2020 === | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1221215954530488320 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Any attempt to question their stewardship results in allegations of agism, xenophobia, elitism and sour grapes. | |||
But look at the graphs of any research university. They all tell the same story. You donât even have to tell me which one. Itâs a coming time-bomb. | |||
This is [[Embedded Growth Obligations|E.G.O.s]]. | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1221214970936872960 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=So far as I know have never seen this phenomena before. | |||
Only one generation is stewarding our collective future. *Every* research university has loaded up mountains of student debt, armies of unwanted administrators, foreign STEM workers, and soaring tuition costs. | |||
Every one. | |||
|timestamp=11:35 PM · Jan 25, 2020 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1221214972291600384 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=As recently as the 1980s, the median age of a university President was 51 I believe or thereabouts. That would be *more* than half of them Millenial and [[GenX]]. | |||
We have simply never experimented with one generation as dominant and as unconcerned for the collective future before. | |||
|timestamp=11:35 PM · Jan 25, 2020 | |||
}} | |||
|timestamp=11:39 PM · Jan 25, 2020 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1245024752390909952 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The simple through line is this: your leadership was selected for based on an ability not to upset their own and other institutions while those institutions had to lie about their success & inability to grow. | |||
This leadership cohort is generation ponzi. Thatâs their superpower.đ | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1245024745990438913 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=People ask why Iâm on about masks. Iâm not focused on them. Iâve been trying to tell you about my theory of [[Embedded Growth Obligations]] and how our *entire* civilian lead leadership has become deranged by them. | |||
Masks just show us theyâre willing to kill, and without blinking. | |||
|timestamp=4:26 PM · Mar 31, 2020 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1245024748578332674 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=2008 was about the theory of [[Embedded Growth Obligations|E.G.O.s.]] And it looked like this. Sooner or later weâll get to serious armed conflict w/ developed nations if we want to sit & wait for that. | |||
I guess I have a vague hope that we will wake up earlier when we see Doctors & Nurses in Queens put at risk. | |||
|timestamp=4:26 PM · Mar 31, 2020 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1245024749551419393 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=But maybe this is getting boring. I mean, itâs just our governmental & world organization leaders pushing us in front of a train to cover for their failures so that their careers arenât interrupted with so much as a hiccup. So same old, same old. | |||
Frankly, I want off the Titanic. | |||
|timestamp=4:26 PM · Mar 31, 2020 | |||
}} | |||
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|nameurl=https://x.com/EricRWeinstein/status/1245024750516092934 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=There is some rule that leaders never pay w/ their careers or their freedom. That didnât use to be true. We used to jail people, clawback their gains, and promote based on vigor/ability. And we will again. We just have to flush two generations of leaders that changed our rules. | |||
|timestamp=4:26 PM · Mar 31, 2020 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1245024751426236416 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=So no, itâs not about masks. Itâs not about forest fire management. Itâs not about central bank tampering. Itâs not about campaign finance. Itâs not about [[H-1B Visa|H1B]]. Itâs not about [[String Theory]] or a reproducibility crisis. | |||
Itâs about their parent theory: [[Embedded Growth Obligations|Embedded-Growth-Obligations]]. | |||
|timestamp=4:26 PM · Mar 31, 2020 | |||
}} | |||
|timestamp=4:26 PM · Mar 31, 2020 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1258065884238589952 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=[[Eilberg Amendment (1976)|Eilberg act in 1976]] was first. Then [[Bayh-Dole Act (1980)|Bayh-Dole]] undermined the Vannavar Bush [[Science, The Endless Frontier (1945)|endless frontier arrangment]]. | |||
|thread= | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1258064619509174272 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=âWhat happened in 1971-1973?â maybe the most underrated question of our time. | |||
There are roughly two schools. The larger more prestigious school thinks it was about economics. | |||
The smaller school thinks the economics were downstream of science and [[Embedded Growth Obligations]]. | |||
|quote= | |||
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|nameurl=https://x.com/William_Blake/status/1257767541495042049 | |||
|name=Michael P Gibson | |||
|usernameurl=https://x.com/William_Blake | |||
|username=William_Blake | |||
|content=WTF Happened In 1971? | |||
Very much understudied era in history. The fork in the road, when stagnation began to spread. | |||
https://wtfhappenedin1971.com | |||
|timestamp=8:22 PM · May 5, 2020 | |||
}} | |||
|timestamp=4:02 PM · May 6, 2020 | |||
}} | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1258064622600380416 | |||
|name=Eric Weinstein | |||
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|username=EricRWeinstein | |||
|content=The larger school has the gold standard/Breton Woods, female entrants into the labor pool, Arab oil embargo, Watergate etc... on its side. If you want somewhere to start, start there. | |||
My school simply says that it was destined to blow up & we just chose the path. A very bad one. | |||
|timestamp=4:02 PM · May 6, 2020 | |||
}} | |||
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|nameurl=https://x.com/HorusVirahanka/status/1258065517358825478 | |||
|name=Horus Virahanka | |||
|usernameurl=https://x.com/HorusVirahanka | |||
|username=HorusVirahanka | |||
|content=Just Mikovits makes a compelling case against Bayh-Dole act accelerating the problem in 1980. | |||
|timestamp=4:06 PM · May 6, 2020 | |||
}} | |||
|timestamp=4:07 PM · May 6, 2020 | |||
}} | |||
=== 2021 === | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1345448452579151873 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=[[Embedded Growth Obligations|Embedded growth obligations= EGOs]]. | |||
That is the single great story of our time. It explains almost everything after 1971-3 but assumes almost nothing: | |||
A) Every institution is built with an [[Embedded Growth Obligations|EGO]]. | |||
B) Every institution that canât meet its [[Embedded Growth Obligations|EGO]] becomes pathological. | |||
C) Lower growth. | |||
|timestamp=7:14 PM · Jan 2, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1370848057969942528 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=There is one giant pyramid scheme. It just has high multiplicity and different slopes. | |||
Medicine looks like Education looks like Law looks like Finance. Etc. | |||
Journalism is just one example. Step back. | |||
Stop looking at the individual trees when itâs the forest blazing red. | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1370847097033875457 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=[[Embedded Growth Obligations|E.G.O.s = Embedded Growth Obligations]]. | |||
The simple theory of universal institutional collapse in a society built around assumptions of growth. | |||
Picture a skyline of Transamerica Buildings and think of all our institutions as pyramids of some kind w/ different slopes. | |||
<nowiki>#</nowiki>Bitcoin | |||
|timestamp=9:19 PM · Mar 13, 2021 | |||
}} | |||
|timestamp=9:23 PM · Mar 13, 2021 | |||
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|nameurl=https://x.com/EricRWeinstein/status/1391866050807943170 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Feeling very fortunate to have @JakeOrthwein do this amazing video presentation of Kayfabe as part of a three part video âwrite-upâ of the idea that [[Embedded Growth Obligations|Embedded Growth Obligations (or EGOs)]] plunged an industrializedđ into Kayfabrication according to a Gated Institutional Narrative. | |||
|timestamp=9:21 PM · May 10, 2021 | |||
}} | |||
=== 2023 === | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1621200109215309824 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@Seggitorial @martinmbauer Maybe you didnât get the point of [[Embedded Growth Obligations]]. Itâs a single point of failure problem. Itâs not a million different problems. | |||
|timestamp=5:33 PM · Feb 2, 2023 | |||
}} | |||
== Related Pages == | |||
* [[Boskin Commission]] | |||
* [[CPI]] | |||
* [[The Distributed Idea Suppression Complex (The DISC)]] | |||
* [[Gated Institutional Narrative (GIN)]] | |||
* [[Horse-and-Rider Problem]] | |||
* [[Immigration]] | |||
* [[Jessupization]] | |||
* [[Kayfabe]] | |||
* [[Kayfabrication]] | |||
* [[Labor Shortages]] | |||
* [[Managed Reality TM]] | |||
* [[Peer Injunction]] | |||
* [[Peer Review]] | |||
* [[Quantum Gravity]] | |||
* [[String Theory]] | |||
== Links == | == Links == | ||
| Line 61: | Line 523: | ||
* [https://bigthink.com/culture-religion/eric-weinstein-intellectual-dark-web Eric Weinstein Intellectual Dark Web] | * [https://bigthink.com/culture-religion/eric-weinstein-intellectual-dark-web Eric Weinstein Intellectual Dark Web] | ||
* [https://twitter.com/EricRWeinstein/status/1245024751426236416 Child Theories] | * [https://twitter.com/EricRWeinstein/status/1245024751426236416 Child Theories] | ||
* [https://www.youtube.com/watch?v=QxnkGymKuuI&t=766s The Portal: Eric Weinstein on Embedded Growth Obligations] | |||
* [https://www.youtube.com/watch?v=nt7Olnm1oL4 Peter Thiel and Eric Weinstein: Why Universities Have Failed] | |||
[[Category:Ericisms]] | |||
[[Category:Twin Nuclei Problem]] | [[Category:Twin Nuclei Problem]] | ||
[[Category:History]] | [[Category:History]] | ||
Latest revision as of 06:24, 23 November 2025
Embedded Growth Obligations (EGOs) are structures built into institutions in times of growth that assume growth will continue. An institution must therefore grow to meet its EGOs, or its leaders must lie about the presence of growth. This compromising of incentives causes institutions to tend towards exploitative or sociopathic behaviors, as their leaders face selective pressures to maintain the status quo. Eric Weinstein first publicly introduced the idea in his first appearance on The Rubin Report on January 6, 2017.
HistoryEdit
Embedded Growth Obligations became prevalent during the stable, broadly distributed, technologically-led economic growth following World War II.
Physicist and historian of science Derek de Solla Price first mapped embedded growth obligations in his 1961 book Science Since Babylon, where he noticed that science was on an exponential trajectory that could not reasonably be sustained.
ExamplesEdit
- Pension plans
- Social security
- Corporate ladders
- Student loans for higher education
Child TheoriesEdit
Eric Weinstein contends that the embedded growth obligations are generative (parents) of major problems in modern society, and that these are a specific instantiation of institutional derangement due to embedded growth obligations.
- H1B Visas as a mechanism to suppress STEM wages
- Manipulation of Consumer Price Index
- Student debt crisis
- Mask and PPE shortages in the Coronavirus pandemic as a result of institutional failures
- String Theory as a dead-end in physics
- The reproducibility crisis in the social sciences
- Campaign finance corruption and unfairness
Further DiscussionEdit
Embedded Growth Obligations are the way in which institutions plan their future predicated on legacies of growth. And since the period between the end of World War II in 1945 and the early 70s had such an unusually beautiful growth regime, many of our institutions became predicated upon low-variance technology-led, stable, broadly distributed growth. Now, this is a world we have not seen in an organic way since the early 1970s, and yet, because it was embedded in our institutions, what we have is a world in which the expectation is still present in the form of an embedded growth obligation. That is, the pension plans, the corporate ladders, are all still built very much around a world that has long since vanished.
We have effectively become a Growth Cargo Cult. That is, once upon a time, planes used to land in the Pacific, let's say, during World War II, and Indigenous people looked at the air strips and the behavior of the air traffic controllers, and they've been mimicking those behaviors in the years since as ritual, but the planes no longer land. Well, in large measure, our institutions are built for a world in which growth doesn't happen in the same way anymore.-Eric Weinstein on The Portal #18 @ 13 min
"We have effectively entered a period in which we cannot trust our experts. I think that what began as a desire to contribute and to do real work, ended with an understanding that weâve got two generations of institutional experts that are corrupted, and that we cannot wake up from this crazy fever dream that weâre all in, because we canât figure out who we can still trust.
The doctors are compromised. The professors are compromised. The Journalists are compromised. The politicians are compromised.
About the only thing that isnât badly compromised are people with an independent source of sustenance â individuals and very small groups are about the only thing that is free of this disease of the Embedded Growth Obligation (EGO)."
-Eric Weinstein
On XEdit
2016Edit
Large institutions built on implicit growth expectations don't die when growth runs out. They simply become pathological in steady state.
2018Edit
The @washingtonpost begins to try to wrestle w/ what may be my most dangerous social idea: institutional Embedded Growth Obligations or EGOs, and the nearly 50Yr corruption & destruction of the institutional expert class.
Enjoy: âUp or Out Goes Sideways.â https://www.washingtonpost.com/blogs/post-partisan/wp/2018/07/19/up-or-out-goes-sideways/
2019Edit
Iâve been talking about unmeetable âEmbedded Growth Obligationsâ or E.G.O.s as the reason why all our expert communities are under unbearable pressure to distort across our institutions. The physics community is *very* trustworthy on the experiment-theory level. Yet even here:
Particle physicists surprised to find I am not their cheer-leader
https://backreaction.blogspot.com/2019/02/particle-physicists-surprised-to-find-i.html?spref=tw
This allows us to use Fundamental Physics as a reference for deception.
These folks are our BEST. They arenât lying about their experiments. They arenât lying about agreement w theory. They arenât wrong about expecting another accelerator imho.
Yet the EGOs make even them fib.
I may disagree with @skdh on whether we should build another multi-billion dollar accelerator. But she is exactly correct that there is no longer any new physics beyond the Standard Model expected to be found. She is telling truths above her pay-grade in the eyes of our leaders.
This is why we need to rescue our experts & institutions. We need to stop asking them to lie to us about their needs for growth. If even high energy physics canât escape its inability to meet growth expectations, then all expert communities are suspect.
These are our very best.
âThis economy is making liars of us all.â
My model of the universal corruption of our institutional experts via âEmbedded Growth Obligationsâ (or E.G.O.s) is finally getting a political hearing. This, after decades of being ignored.
Thanks to Andrew Yang for taking a risk. đ
The growth model is breaking down in many industries - but we pretend that it is still going. It is corrupting many of us and many of our institutions.
We have fused a convent with a bordello and now we canât separate them. The bordello needs a convent for respectability. The convent needs a bordello for resources. These houses divided will not stand until we refactor our institutions.
The problem is us. This is who we became.
COMMENTARY | Two prominent local colleges are grappling with a straightforward ethical question that has been made out to be needlessly complex: Should a university return donations of âdirty moneyâ?
The modern US research university is built on the steepest E.G.O. (embedded growth obligation) of any major sector. Itâs a pyramid scheme careening out of control with Boomers at the helm of all of the top ones as they have been hooked up for inter-generational wealth transfer.
This is going to keep happening. Plot any metric you like. They all tell a single story:
Should @SamHarrisOrg & I talk about the Boomers and their original & bold approach to stewardship of education, research and our world class universities?
How about how Student Debt was reclassified in 2005 to keep kids from fleeing this experimental approach through bankruptcy?
I donât actually like saying this, but there is no way out. The United States research enterprise cannot afford this generational effect turning our research enterprise into a giant wealth transfer program. This generation has to lose ill gotten gains:
As we know, University costs have skyrocketed above inflation. Administrator ranks have ballooned. Student Debt has become non-dischargeable. Adjunct & Student labor have exploded. ETC.
Turns out, there's really only one generation at the helm now steering us into this iceberg:
2020Edit
So far as I know have never seen this phenomena before.
Only one generation is stewarding our collective future. *Every* research university has loaded up mountains of student debt, armies of unwanted administrators, foreign STEM workers, and soaring tuition costs.
Every one.
As recently as the 1980s, the median age of a university President was 51 I believe or thereabouts. That would be *more* than half of them Millenial and GenX.
We have simply never experimented with one generation as dominant and as unconcerned for the collective future before.
Any attempt to question their stewardship results in allegations of agism, xenophobia, elitism and sour grapes.
But look at the graphs of any research university. They all tell the same story. You donât even have to tell me which one. Itâs a coming time-bomb.
This is E.G.O.s.
People ask why Iâm on about masks. Iâm not focused on them. Iâve been trying to tell you about my theory of Embedded Growth Obligations and how our *entire* civilian lead leadership has become deranged by them.
Masks just show us theyâre willing to kill, and without blinking.
2008 was about the theory of E.G.O.s. And it looked like this. Sooner or later weâll get to serious armed conflict w/ developed nations if we want to sit & wait for that.
I guess I have a vague hope that we will wake up earlier when we see Doctors & Nurses in Queens put at risk.
But maybe this is getting boring. I mean, itâs just our governmental & world organization leaders pushing us in front of a train to cover for their failures so that their careers arenât interrupted with so much as a hiccup. So same old, same old.
Frankly, I want off the Titanic.
There is some rule that leaders never pay w/ their careers or their freedom. That didnât use to be true. We used to jail people, clawback their gains, and promote based on vigor/ability. And we will again. We just have to flush two generations of leaders that changed our rules.
So no, itâs not about masks. Itâs not about forest fire management. Itâs not about central bank tampering. Itâs not about campaign finance. Itâs not about H1B. Itâs not about String Theory or a reproducibility crisis.
Itâs about their parent theory: Embedded-Growth-Obligations.
The simple through line is this: your leadership was selected for based on an ability not to upset their own and other institutions while those institutions had to lie about their success & inability to grow.
This leadership cohort is generation ponzi. Thatâs their superpower.đ
âWhat happened in 1971-1973?â maybe the most underrated question of our time.
There are roughly two schools. The larger more prestigious school thinks it was about economics.
The smaller school thinks the economics were downstream of science and Embedded Growth Obligations.
WTF Happened In 1971?
Very much understudied era in history. The fork in the road, when stagnation began to spread. https://wtfhappenedin1971.com
The larger school has the gold standard/Breton Woods, female entrants into the labor pool, Arab oil embargo, Watergate etc... on its side. If you want somewhere to start, start there.
My school simply says that it was destined to blow up & we just chose the path. A very bad one.
Just Mikovits makes a compelling case against Bayh-Dole act accelerating the problem in 1980.
Eilberg act in 1976 was first. Then Bayh-Dole undermined the Vannavar Bush endless frontier arrangment.
2021Edit
Embedded growth obligations= EGOs.
That is the single great story of our time. It explains almost everything after 1971-3 but assumes almost nothing:
A) Every institution is built with an EGO.
B) Every institution that canât meet its EGO becomes pathological.
C) Lower growth.
E.G.O.s = Embedded Growth Obligations.
The simple theory of universal institutional collapse in a society built around assumptions of growth.
Picture a skyline of Transamerica Buildings and think of all our institutions as pyramids of some kind w/ different slopes.
#Bitcoin
There is one giant pyramid scheme. It just has high multiplicity and different slopes.
Medicine looks like Education looks like Law looks like Finance. Etc.
Journalism is just one example. Step back.
Stop looking at the individual trees when itâs the forest blazing red.
Feeling very fortunate to have @JakeOrthwein do this amazing video presentation of Kayfabe as part of a three part video âwrite-upâ of the idea that Embedded Growth Obligations (or EGOs) plunged an industrializedđ into Kayfabrication according to a Gated Institutional Narrative.
2023Edit
@Seggitorial @martinmbauer Maybe you didnât get the point of Embedded Growth Obligations. Itâs a single point of failure problem. Itâs not a million different problems.
Related PagesEdit
LinksEdit
Eventually, this page should be a fuller explanation of EGO, but for the time being here are a few links to things we were able to find doing a Google Search.
- Rebel Wisdom: Glitch in the Matrix II (5:18â9:13)
- Rubin Report: Jun 29, 2018 (27:47â31:57)
- Why We Can No Longer Trust Our Experts
- Eric Weinstein Intellectual Dark Web
- Child Theories
- The Portal: Eric Weinstein on Embedded Growth Obligations
- Peter Thiel and Eric Weinstein: Why Universities Have Failed