2 ms·
The underlying point that the vast majority of problems are Moloch/incentive alignment problems is correct, but a lot of those examples are controversial. To ta
by concordDance 3y ago
The underlying point that the vast majority of problems are Moloch/incentive alignment problems is correct, but a lot of those examples are controversial. To take one:
> We know that automation is chipping away at low-skill jobs, which means our workforce needs to be better educated, and that providing free college to everyone would be a good idea, we just don’t.
University education is primarily a signalling mechanism. Getting a degree in English literature doesn't actually make you a better oil market analyst to an appreciable degree, it just signals the ability to do work with minimal supervision.
And if higher education is indeed a positional good then funding everyone to do it is just setting money/time on fire.