In this web content, the author delves into the concept of “grift” and why it seems to be prevalent in today’s world. They highlight that grift thrives on selling promises that could be true, but ultimately deliver something that is not worth what was paid for. The author discusses various examples of grift, such as fundraising appeals that promise donation matches and high-fee finance strategies. They also explore the factors contributing to the rise of grift, including the proliferation of online personas and the decline of human touchpoints in transactions. The author ends by suggesting that while automation may eventually reduce grift, for now, it is still a prevalent issue.
https://www.thediff.co/archive/a-theory-of-grift/