Patrick Kinsella

Father, learner, maker, and helper. Building Accruu, and other fun things.

[Patrick Kinsella @PJKinsella]

I hate how gamed @ProductHunt is. I love seeing cool things people are launching, but I know I'm only seeing a small fraction: those that are paying for engagement or have a big network to tap.

[Patrick Kinsella @PJKinsella]

@Sylviaposts I'm starting to think the current methodology is the lazy approach. It accomplishes generic capabilities and, as you mention, is inherently not cross-platform.

[Patrick Kinsella @PJKinsella]

@RozenZheng @PetrTyurin @sundayrobotics @tonyzzhao @chris_j_paxton Robovacs aren't very good at cleaning up toys scattered all over the floor before getting to work. Not yet anyway...

[Patrick Kinsella @PJKinsella]

@PrimeErwin I'm digging deep into this area and I agree. There's literally a whole world of data out there just waiting to be captured, tagged, aligned, and structured.

[Patrick Kinsella @PJKinsella]

@mcuban @AnthropicAI Right now, that's a hell no.

[Patrick Kinsella @PJKinsella]

@NobodymrRobert I'm impressed by the appearing and disappearing sawblade myself.

[Patrick Kinsella @PJKinsella]

@bscholl A beautiful machine always ranks above any static piece of artwork in my book.

[Daniel Priestley @DanielPriestley]

Socialists imagine a class struggle. In their made-up fantasy the CEO is in competition with low level workers, the wealthy entrepreneur is stealing from the underpaid nurse.

In reality, workers do not compete vertically they compete horizontally.

Entrepreneurs compete with entrepreneurs. Investors outbid each other. CEOs are benchmarked against other CEOs. Nurses are hired from a pool of nurses. Etc.

The CEOs pay has no correlation to the entry level workers. The Football star on £300K a week isn’t linked to the person selling drinks in the stadium. A biotech entrepreneur raising VC capital isn’t paid relative to a cleaner.

What is linked is the demand and supply dynamic of each role.

If a company places an ad for a qualified truck driver and 150 people apply for the role, then the company knows it does not need to increase wages for that role. If the company has an open role for months, it is forced to look at the compensation package.

Same for a CEO. A board representing shareholders would like to hire a CEO for a lot less if they could. Their dream scenario would be to hire a CEO who brings in institutional investors, attracts top executives, drives innovation and growth, keeps margins steady and is a good public face for the business even under pressure. It turns out there aren’t a lot of these people looking for work and if you want one you have to pay more than other companies are offering.

The class struggle isn’t vertical it’s horizontal. CEOs are in competition with CEOs. Retail workers are in competition with retail workers. Demand and supply dynamics set the price.

Sure you can say that a CEO want’s profitability and would like wages to be lower BUT it’s not up to the CEO - demand and supply tension sets the price of workers. An Airline like RyanAir would like free pilots if they could get them but they can’t… so they pay the market rate.

The reason incomes are rising at the top and falling at the bottom is not class warfare. It’s technology and globalisation.

Technology makes basic jobs simple, remote or fully automated. At the same time tech makes executive roles more leveraged, more important and more valuable.

A CEO used to run a smaller organisation. Today a CEO who’s 2% better on a $5B company is generating $100M more. Seems sensible to try and pay a few million to get $100M.

Globalisation has put workers from all over the world in completion with each other - downward pressure on wages. Globalisation has given CEOs more market opportunities to explore - upside opportunity to unlock.

The rich are not very interested in buying houses that poor people own. The poor are not buying up the homes the rich want. They are separate groups living separate lives. Try finding the genuinely rich people whose strategy is to hoard normal residential homes - it barely exists as a thing. About 85% of landlords are people who own 1-4 properties. Super-landlords (100+ properties) are 0.2% of landlords and own a tiny fraction of the 30M homes in the UK… and they’re heavily taxed.

Class warfare isn’t real. It’s an imagined war in the minds of socialists.

Demand and supply dynamics are real. To the degree it is measured in class, it’s a horizontal competition not a vertical one.

[Patrick Kinsella @PJKinsella]

@MFrancis107 Wow. Yep that's pretty steep.

I'm super cheap and rotate between 3+ different providers 😄

[Patrick Kinsella @PJKinsella]

@bscholl Such a good book. Also, ISWYDT

[Patrick Kinsella @PJKinsella]

I'm tempted to wield the power of Fable to build my innovative "middle-out" compression algorithm idea I've been sitting on for years.

[Patrick Kinsella @PJKinsella]

@MrBeast 2,792,727

[Patrick Kinsella @PJKinsella]

@paulg @bscholl Everyone suffering equally is the motto of socialism, right?

[Patrick Kinsella @PJKinsella]

@paulg Now that's cool.

[Patrick Kinsella @PJKinsella]

@bscholl @paulg Measure thrice, cut many times, with shallow passes... Or something.

[Patrick Kinsella @PJKinsella]

I clearly interacted with one or two of the wrong posts because all I'm seeing in my feed now are garbage "Drop your startup in one sentence 👇" bait posts.

One per day would be just fine, thanks!

[Patrick Kinsella @PJKinsella]

If you put "investor" in your bio do you get more engagement? AFF

[Patrick Kinsella @PJKinsella]

@2whazzuup @Joi2James Okay, this may not be for you, but I'll get you in and you can tell me!