With so much excitement around ML these days, it is fun to see someone excited about a more established field like controls. It can definitely be applied to ju

With so much excitement around ML these days, it is fun to see someone excited about a more established field like controls. It can definitely be applied to just about everything... and I have long argued explains the financials crisis the most succinctly. - People sold debt (sometimes many times) and were paid a commission regardless of whether the debt was repaid. This was an ‘open loop’ system and fundamentally unstable.