Conversation
I think ultimately a lot of people on here would benefit from patrons in the traditional sense. Just some aristocrat who funds them and gives them accommodation to play about with their special interest.
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@arcana rich people then: whoa this guy has an idea about how lightning bolts work? let's throw money at him!

rich people now: you mean if I spend $100k on this NFT, there's a chance I'll get to sell it for $200k later? let's throw money at that!
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@nemesis @arcana naaah what arcana describes is still possible. The key is proper advertisement.
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@newt @arcana its possible in the sense that there's nothing stopping rich people from funding people to pursue random cool projects. they just don't, for some reason
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@arcana i’ve been saying this

investors used to be cool

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@newt @arcana the closest thing in today's world is basically vc funding. but thats only possible if you can bill your special interest as a company that might (maybe) make a gazillion dollars some day
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@arcana but to be honest i’d be happy if the state and other landlords didn’t pull the money out of the pockets of people who already can’t support themselves

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@arcana yeah but you usually had to be talented to get a patron
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@gray a lot of people on here are extremely talented
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@arcana I have a hard time imagining a Hapsburg emperor in Vienna patronizing someone drawing anime catgirls talented as they may be.
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@pwm @arcana I just don’t want any competition for the patronage of the Bishop of Salzburg
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@yomiel @arcana @newt that's a pretty good hypothesis yeah. the 1890s is basically when corporate law as we know it today was invented, so that might have triggered the shift
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@arcana @gray i wish i had a talent for some rich person to throw money at wait that's kinda what a (non-wagie) job is like ig
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@nemesis @yomiel @newt I think a big part of it is definitely public limited companies (and public share trading) as well as the law that determines that a business must have shareholder profit as their primary concern overriding all others
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@lucy @gray not really akin to a job but you do definitely have talent
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@arcana @newt @yomiel I think it also shifted what kind of person ended up rising to the top of the economic ladder
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Listens to Baroque while coding murder.exe newt

Edited 9 months ago
@yomiel @arcana @nemesis in other words, bureaucracy infected this area as well
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@yomiel @arcana @nemesis also, consider this. You're a rich guy, you find some autist that does interesting stuff. How do you legally give him money? You just can't wire him $10k every month, because tax authorities and other pests will quickly get all over you (and him). And God forbid he's from another country or an immigrant, the shit will escalate quickly in this case.
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@newt @arcana @yomiel yeah thats making things worse too for sure. I do feel like there are legal loopholes you could use but it would require a bit of creativity
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@newt @arcana @nemesis @yomiel What about using sites like Patreon? I think it is still possible to invest some money in artists, but perhaps this is more what buying expensive paintings is about now?
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@sim @arcana @nemesis @yomiel Patreon takes 30% cut. Then the other 70% is a subject for taxation, leaving something like 50% or less from the original sum. Also, the artist would still have to run a kind of business, do accounting, etc. You can't just receive money and do whatever you want with it.

Honestly, it's just easier to deal with cash and crypto at this point.
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@lucy @arcana @gray imagine if you just had the resources to develop your skills and work on anything you want without having to think about survival all the time

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@mia @arcana @gray I'd be so powerful smh
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@yomiel

Before everything got "democratized", legacy was more important than line go up

@arcana @nemesis @newt
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@newt @arcana @yomiel @sim the best way to do it is probably to set up some kind of dark money shell NGO and have it hire them, or something like that. like the Ford Foundation, but not controlled by the worst people in the world
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@lucy @arcana @gray so you know you’ve got potential. this is not the line of someone without any talents

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@nemesis @arcana @yomiel @sim it's only the best if the government is on your side. In other words, it's a big money territory where you can afford to pay politicians off directly instead of paying taxes.
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@mia @arcana @gray im being ironic. maybe if i had infinite time i *could* become good at something but im not rn hence nobody wants to hire me.
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@newt @arcana @yomiel @sim I think theres definitely jurisdictions where it'd be possible. but you'd need to be careful for sure

britain honestly seems like one of the best places for something like that
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@lucy @arcana @gray the reason nobody is hiring you is because for ANYTHING to be considered useful in this world, you need sleazy sales tactics to make it appear so

it’s NOT because you’re not good at anything

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@lucy @gray @mia you are good at things, but being good at things isn’t what gets you jobs, as Mia says
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@lucy @arcana @gray the markets are dominated by financial services. that is not a good environment for real growth and innovation

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@mia @lucy @arcana @gray almost everyone I know has been basically unable to get a job, its not a reflection on you personally at all lucy
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@lucy @arcana @gray and i’m using “growth” in a very broad sense here, including personal growth

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@newt@stereophonic.space @nemesis@fedi.layer02.net @arcana@fedi.layer02.net me typing dogshit on hacernews so some bored guy from ycombinators gives me a hand(job)

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@arcana@fedi.layer02.net we already have nlnet and shit

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@87ytO93NfgzyEthiHPvD don’t really think that’s entirely what I’m pointing at but good that it exists
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@nemesis@fedi.layer02.net @arcana@fedi.layer02.net institutions cultivate people better probably seems pointless to patron directly rather than diffuse contribute to those structures directly imo

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@arcana unironically would love this. Dont have much skills, but I could showcase the cool stuff I've done.
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@arcana that's supposed to be your parents. at least for some time before moving on from studies and getting a job

the reality tho is that being able to afford that is a privilege
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@mia @lucy @arcana @gray I could do so many cool things and keep my mom happy this way
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@mia @lucy @arcana @gray yeah. On poast, there was a twitter screenshot of someone that said that their company hires people that can't solve stuff like "5x+2=12" and gives them good salaries, somehow
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@lizzy @arcana > the reality tho is that being able to afford that is a privilege

very much so. It shouldn't be wawa_sob sadtim
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@nemesis @arcana @yomiel @sim @newt
If I get rich I'll make a foundation to professionally fund the most deranged terminally online people on the planet just to see how it goes and because it's funny. The internet would never be the same femalejoker
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@87ytO93NfgzyEthiHPvD @arcana ehh I think bounding creativity via institutions limits people's potential. I feel like theres a lot of people who would be worth investing in, but for whom it is hard to predict in advance what they would end up achieving with that investment

there's definitely a place for funding projects independently of the people working on them. but there is also a place for the reverse, too
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@nemesis@fedi.layer02.net @arcana@fedi.layer02.net both dont really conflict with eachother so idrk why well to do people do that then. unless they do it but we dont really recognize it as patronage lol

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@arcana This kind of thing is very common in SF/NY thielite type circles and I know a lot of people in situations like this but the people with money are always quite dumb and they give all their money to 115 iq grifters and it PISSES ME OFF
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