3 ms·
> I’m sick to death of naive tech bros thinking that every other field is so easy that their sheltered intuition is enough to understand it. There are two prob
by abdullahkhalids 4y ago
> I’m sick to death of naive tech bros thinking that every other field is so easy that their sheltered intuition is enough to understand it.
There are two problems here:
1. People learn the simplest toy models in some subject area - here, the economics of perfect competition markets - and then apply the results of it to real world scenarios that don't even remotely satisfy the assumptions of the toy model.
2. The ethics in some subject area is almost always a separate theory from the mathematical theory. Introduction to economics assumes humans are utilitarian because it makes the maths easy. But then, people use the metrics derived from that "utilitarian" econ theory, and again apply it to the real world scenarios, not realizing the humans not utility maximizing agents. Hence, what is "right" or "just" can't be derived from the simple econ theories.
- abigail95 4y ago> Introduction to economics assumes humans are utilitarian explain who teaches this, explain why it is wrong, and explain the correct way to describe it. > not realizing the humans not utility then ubers algorithm will not work at all. and no pricing system would work either.