3 ms·
This is a textbook example of survivorship bias. Survivorship bias, or survival bias, is the logical error of concentrating on the people or things th
by qsymmachus 10y ago
This is a textbook example of survivorship bias.
Survivorship bias, or survival bias, is the logical error of
concentrating on the people or things that "survived" some
process and inadvertently overlooking those that did not
because of their lack of visibility...A commonly held
opinion in many populations is that machinery, equipment,
and goods manufactured in previous generations often is
better built and lasts longer than similar contemporary
items...Again, because of the selective pressures of time
and use, it is inevitable that only those items which were
built to last will have survived into the present day.
Therefore, most of the old machinery still seen functioning
well in the present day must necessarily have been built to
a standard of quality necessary to survive.
[https://en.wikipedia.org/wiki/Survivorship_bias https://en.wikipedia.org/wiki/Survivorship_bias]
- internaut 10y agoIt is possible for both survivorship bias to exist and also for products to deteriorate in quality. The author is able to point to the reasons for failures rates being higher. Some goods are better and cheaper such as electric hand tools. With white goods it is hard to get something that will last > 15 years. I'd be willing to pay twice or thrice the average price, but I don't see anything available^. I'm just hoping those new fridge linear compressors are going to do the job. ^ If wrong, do tell!