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But then your "one factor" just becomes a combination of various other factors. I don't think the point of Goodhart's Law is related to "over-optimizing for jus
by mlthoughts2018 8y ago
But then your "one factor" just becomes a combination of various other factors. I don't think the point of Goodhart's Law is related to "over-optimizing for just one thing," rather it's a statement about whether any metric (even a broad, diverse metric that takes into account multiple different things) can retain informativeness once it is set up as an optimization target.
- maxxxxx 8y agoI think you could set up an optimization target for a company that says "be profitable and grow for the next 30 years". You would see quickly that this target is a complex beast with a lot of different factors at play that need to be balanced against each other. I don't think Goodhart's law would apply here.