Poker Pros, Crypto Kings, and Tech Titans: Nate Silver’s Guide to “The River”

Perknose

Forum Director & Omnipotent Overlord
Forum Director
Oct 9, 1999
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In an excerpt of his new book, On the Edge*, the statistician explains why “Riverians”—with their penchant for data, free speech, and unfettered capitalism—are steeped in a political power struggle against the Democratic-aligned “Village” elites.

*Vanity Fair link which you may or may not be able to access. If you can read it, do so, I found it fucking fascinating. If you can't read it by following the link, you may still be able to read it by going to Vanity Fair and searching the article. I believe they give you 3 free articles per month. If you still can't read it, post that here and I'll contact the OO here (a close personal friend and a prince among men) and have him lock the thread.

Nate Silver speaks:

"I played poker professionally before I ever wrote a word about politics or built an election model. I still feel more at home in a casino than at a political convention. I have the numbers of dozens of top poker players in my contacts list—but few people who work in politics or government."

[...]

"I’ve spent most of the past three years immersed in a world that I call The River. The River is a sprawling ecosystem of like-minded people that includes everyone from low-stakes poker pros just trying to grind out a living to crypto kings and venture-capital billionaires. It is a way of thinking and a mode of life. People don’t know very much about the River, but they should. Most Riverians aren’t rich and powerful. But rich and powerful people are disproportionately likely to be Riverians compared to the rest of the population. Given everything has taken place over the last six years—poker cheating scandals; Elon Musk’s transformation from rocket-launching renegade into ‘X’ edgelord; the spectacular self-induced implosion of Sam Bankman-Fried—you’d think The River had a rough few years. But guess what: The River is winning. Silicon Valley and Wall Street are still accumulating more and more wealth. Las Vegas is taking in more and more money. In a world forged not by the toil of human hands but by the computations of machines, those of us who understand the algorithms hold the trump cards."
 

Pens1566

Lifer
Oct 11, 2005
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Silver is that one guy that did that one thing that one time reasonably well, and has since decided that has made him an expert in all things.
 
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nickqt

Diamond Member
Jan 15, 2015
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In an excerpt of his new book, On the Edge*, the statistician explains why “Riverians”—with their penchant for data, free speech, and unfettered capitalism—are steeped in a political power struggle against the Democratic-aligned “Village” elites.

*Vanity Fair link which you may or may not be able to access. If you can read it, do so, I found it fucking fascinating. If you can't read it by following the link, you may still be able to read it by going to Vanity Fair and searching the article. I believe they give you 3 free articles per month. If you still can't read it, post that here and I'll contact the OO here (a close personal friend and a prince among men) and have him lock the thread.

Nate Silver speaks:

"I played poker professionally before I ever wrote a word about politics or built an election model. I still feel more at home in a casino than at a political convention. I have the numbers of dozens of top poker players in my contacts list—but few people who work in politics or government."

[...]

"I’ve spent most of the past three years immersed in a world that I call The River. The River is a sprawling ecosystem of like-minded people that includes everyone from low-stakes poker pros just trying to grind out a living to crypto kings and venture-capital billionaires. It is a way of thinking and a mode of life. People don’t know very much about the River, but they should. Most Riverians aren’t rich and powerful. But rich and powerful people are disproportionately likely to be Riverians compared to the rest of the population. Given everything has taken place over the last six years—poker cheating scandals; Elon Musk’s transformation from rocket-launching renegade into ‘X’ edgelord; the spectacular self-induced implosion of Sam Bankman-Fried—you’d think The River had a rough few years. But guess what: The River is winning. Silicon Valley and Wall Street are still accumulating more and more wealth. Las Vegas is taking in more and more money. In a world forged not by the toil of human hands but by the computations of machines, those of us who understand the algorithms hold the trump cards."
Riverians are either rich and powerful wealth hoarders trying to deregulate the country so they can purchase it for themselves and set up fiefdoms.

Or they are temporarily embarrassed Riverians who are right about to make that crypto play and become rich and powerful...so they can try to deregulate the country so they can purchase it for themselves and set up fiefdoms.

Great. Oligarchs and pseudo-oligarchs who want to become Aristocrats. What a bunch of fucking heroes.
 

brycejones

Lifer
Oct 18, 2005
29,833
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Riverians are either rich and powerful wealth hoarders trying to deregulate the country so they can purchase it for themselves and set up fiefdoms.

Or they are temporarily embarrassed Riverians who are right about to make that crypto play and become rich and powerful...so they can try to deregulate the country so they can purchase it for themselves and set up fiefdoms.

Great. Oligarchs and pseudo-oligarchs who want to become Aristocrats. What a bunch of fucking heroes.
The time to eat the rich is rapidly approaching
 
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MrSquished

Lifer
Jan 14, 2013
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Riverians are either rich and powerful wealth hoarders trying to deregulate the country so they can purchase it for themselves and set up fiefdoms.

Or they are temporarily embarrassed Riverians who are right about to make that crypto play and become rich and powerful...so they can try to deregulate the country so they can purchase it for themselves and set up fiefdoms.

Great. Oligarchs and pseudo-oligarchs who want to become Aristocrats. What a bunch of fucking heroes.
This sums it up nicely. Fuck the Riverians you greedy soulless sociopathic pieces of shit.
 
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Moonbeam

Elite Member
Nov 24, 1999
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In an excerpt of his new book, On the Edge*, the statistician explains why “Riverians”—with their penchant for data, free speech, and unfettered capitalism—are steeped in a political power struggle against the Democratic-aligned “Village” elites.
F-ing fascinating indeed. I notice, I think accurately, that so far most of, what I would call as 'Villagers' in the piece and I think dominate on this forum, have so far reacted on cue typically as diagnosed therein, that is to say with typical herd mentality partisan rage, unable to disassociate their political bigotry from a rather interesting dis-associative diagnosis of them. Outrage uber alles, as it were.

I have to say I am curious what else Silver has to say particularly what in anything he might have to say as to the ration of truth to mental illness he might see in both sides.

Anyway, thanks for this post.

The one think that I just now remembered I thought about after finishing the piece was that it was deeply insightful of just one thing, not truth generally speaking, but truth about the capitalist system as it is. None of what he says would be true in a different system, that hope does not lie in tweaking the system but in changing completely.

Why do people love competition. Isn't it because the system creates its own rewards. If to the victor belongs the spoils and the victor is one person, what would victory look like if the reward wasn't dopamine but oxytocin.
 

Moonbeam

Elite Member
Nov 24, 1999
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Ah me, such a great thread gone to waste because the the presence here of so many posters with conservative egos that they were unable to deal with the profoundly challenging material. Such a pity.
 

pete6032

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Dec 3, 2010
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