I would guess that the main ingredient a typical LWer would lack at being able to take advantage of existing market inefficiencies and civilizational inadequacies is either the ability to think like a marketer, and/or the willingness to act like one.
Even without that willingness I think there’s a good chance that Scott Alexander could make more money as a content full-time content creator then as a psychiatrist without following the standard marketing wisdom.
In another recent thread there’s discussion about Peter Limberg from TheStoa. Within the last year he managed to build up a 2k/month income while ignoring the traditional marketing wisdom on Youtube. He doesn’t tell people to subscribe at the end of his videos. He deactivated Youtube comments because he believes them to be a crappy medium. It’s quite plausible that another year of doing TheStoa would bring him to 100k.
There are plenty of niches that call for people who have high standards and if there’s value provided they can support a person.
Even without that willingness I think there’s a good chance that Scott Alexander could make more money as a content full-time content creator then as a psychiatrist without following the standard marketing wisdom.
In another recent thread there’s discussion about Peter Limberg from TheStoa. Within the last year he managed to build up a 2k/month income while ignoring the traditional marketing wisdom on Youtube. He doesn’t tell people to subscribe at the end of his videos. He deactivated Youtube comments because he believes them to be a crappy medium. It’s quite plausible that another year of doing TheStoa would bring him to 100k.
There are plenty of niches that call for people who have high standards and if there’s value provided they can support a person.