A lot of smart people, when they acquire power, start to behave recklessly. It’s not necessarily irrational — powerful people are almost never held to account for their crimes, so you see people getting life in prison for robbing a liquor store but a $3 million fine for creating the opioid epidemic. So maybe it’s because they’re smart that they behave recklessly — because really, Joi Ito is going to be fine, and for every one of him there are 1000 that nothing happens to at all.
