Expert means you have certification, you've done the diligence, you have the domain expertise, and perhaps you've devoted your life to not only trying to, okay, it's arrogant to say they have the right answers, but they have the least wrong answers of anyone because they devoted their life to understand the [ __ ]
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Most people think of risk as the probability of losing money. But the real risk is the permanent impairment of capital — a temporary price decline is not a loss unless you sell. The investor who confuses volatility with risk will systematically sell at exactly the wrong moment.
Seth Klarman — Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor
Progress, on the other hand, is contextual and dynamic. It is ultimately a question of what your professional Job to Be Done is, and allows you to chart your own course rather than follow a single, narrow path of progression. Depending on your context, progress may be about autonomy and flexibility, preparing for the future, respect and recognition, or simply collecting a paycheck during a time of instability.
Cliff Maxwell
Producing more with AI does not automatically lead to a better product. Both Ryan and Claire are skeptical of letting agents work without constraints overnight. Frontier models can generate an enormous amount of output, but they do not know what customers actually need. Product ideas, priorities, and market judgment still have to come from a human who talks to users.
Lenny Rachitsky