The industry purpose of people like Jack Dorsey is to serve as a sort of ignorance canary, providing worked examples of the dumbest possible approach that could still work. He fails, but then the worst people in the world calibrate their businesses for Dorsey-minus-10% and are confident of success.

He’s not getting interviews because he’s succeeding. He’s in the news because he’s at the extreme bleeding edge of dumb shit, and right or wrong, extreme bleeding edge gets the clicks.

My most murderously unpopular industry opinion is that we do not understand the roles of fools and jesters like Dorsey and Musk, and consequently we do not understand why the market seems to value them so irrationally highly. It leaves us nerds out of step.

(hat tip to @skinnylatte whose recent posts have helped me to understand this much more clearly.)