4 ms·
> In short, academic institutions systemically promote exactly the sort of short-term optimization of which, ironically, the private sector is often accused. I
by andrewjl 6y ago
> In short, academic institutions systemically promote exactly the sort of short-term optimization of which, ironically, the private sector is often accused.
I find it stunning at how little people understand the role of incentives in basically any sort of human-driven activity.
- nefitty 6y agoYou find it stunning that people don’t intuit a fundamental principal as regards human behavior? You’re either commenting in bad faith or you yourself don’t understand some basic principals of humanity in the 21st century itself.
- tonyarkles 6y agoIt’s interesting. I’m looking at your comment and GP’s comment and there are two equally obvious ways to interpret the GP’s comment: - academia’s bureaucracy not understanding the incentives they’re creating and the positive and negative consequences - the OP not understanding the intentional incentives and outcomes created by the academic bureaucracy
- andrewjl 6y agoYou can substitute surprising for stunning. In any case, I'm guilty of missing this as much as anyone. I chuckle at Charlie Munger's aphorism: "Well, I think I’ve been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I’ve underestimated it. And never a year passes but I get some surprise that pushes my limit a little farther."