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Notes -
Sorry to be a killjoy but I don't believe this is what's happening (though there are American academics here, they should know better). Everyone is a hero of one's own story. And on top of that, academic elites are a highly conscious class as a whole, a guild on the level of a discipline, and a mafia on the level of a department. They are intensely clannish, prize loyalty over reason, and are largely incapable of taking responsibility or seeing things from the perspective of strangers. It's always the children, the profane masses, who are wrong. Doesn't matter if this is about replication crisis or collapsing an entire financial ecosystem. It is natural for an academic to fail precisely in the way he teaches not to, and to refuse to acknowledge it, appealing to his authority in the domain. Even more natural to excuse allies for the same. If anyone is disappointed, it's people who were already critical.
This is how I see it (modulo tone which I admittedly can't mimic well enough):
– Glenn... I was so sorry to hear about Caroline. Is she doing okay? If she has time, I can refer her to Pasternak, he's got an opening after getting rid of that crazy piece of shit. He's a real pro.
– Mr. Ellison, you should know we of the Nth Lab always have your back! Do not blame yourself and don't listen to those vile haters on the Internet! Tell Caroline we looove her!
– So G, I'll be blunt, this is a valuable life lesson for the kids. They got into a seedy market for criminals and tried to turn it into candy. Sounds nice, doesn't work like that – some things, some people, some communities are just rotten to the core, no point even trying to help. Yellen says they'll slam this crypto stuff with regulations over the next year and it'll die at last. And uh, you've other things on your mind, but just an advice: they should lay low now, maybe come back to Jane Street for a few years. Okay? Anyway, don't beat yourself over it, they'll come out stronger on the other side.
– What an awful situation. This ugly cunt Zhao, or what's his name, will rot in jail for what he did! I think she should go and set the record straight, even if it's stressful. What about an interview with The Economist?
– Ugh, so many Nazis have crawled out of the woodwork, on Twitter and other places... But you know how they say, sunlight is the best disinfectant. I've called Jonathan and there's an expert group forming to bring attention to those fuckers and put heat on the platforms.
– Caroline and Sam, you know how I've always thought about them, both brilliant kids, very talented, real doers. I've told you on Sam's Bar Mitzvah «that boy's gonna make a splash», and he sure did. It's such a great thing they met. A terrific project, too!. Losers love to see great people stumbling, so there's all this noise. Bah, everyone makes mistakes. I am sure Sam's going to get back on his feet and they'll do many more amazing things together. Just don't lose heart. Don't you and Caroline dare let the bastards see they're getting to you, you hear? It wasn't her fault.
Illforte pretending to be not Illforte and emulating «normal» humans is disorientating to say the least.
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I've no doubt they are frustrated, and that there's lots of gossip, and unwillingness to actually allow those losers influence projects one cares about. But I am also 100% sure nearly everyone in those circles, at least outside one's private quarters, only blames hostile external forces for this meltdown – haters on Twitter, scamming crypto bros, Changpeng Zhao, maybe even journalists. This is just how institutions and senior academics reflexively attribute blame, in my experience.
Private conversations have impact. But what people say in public matters for which decisions they will be able to endorse.
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