In this passage, Jacob again contrasts the learned and the wealthy with the humble who will receive the happiness Yahweh has prepared (see vv. 28–30). Jacob returns to the problems associated with learning and wealth to suggest that the Nephites are starting to become “proud.” Given that the Nephite colony is still within its first decade, I read this passage as additional evidence for an amalgamated population—that the political Nephites have imported some of their New World cultural values into the new city, establishing a new level of ambition for both wealth and learning. This is the seed of the social tension that will become the focus of Jacob’s next major recorded address (Jacob 2).