The Gray Area with Sean Illing cover image

Stripe CEO Patrick Collison on management, rationalism, and the enlightenment

The Gray Area with Sean Illing

00:00

The Importance of Optimism in Washington

The idea that Facebook grew from something that didn't exist when I started college to something that more than 2 billion people are part of now, it's extraordinary. There is a confidence in the way people out of this more optimistic world structure and phrase questions a confidence in long range predictions. Larry Summers is famous in the White House for doing this, where he would say to people when they said something, well, what is your probability on that? And they'd have to say 23%. That is just a way of making yourself sound more precise when you really don't have a great way of being it.

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