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But in the short term it pays dividends, bonuses, and raises. It's kind of a tragedy of the commons type problem, none of the leadership and investors care abou
by doctorwho42 3y ago
But in the short term it pays dividends, bonuses, and raises. It's kind of a tragedy of the commons type problem, none of the leadership and investors care about the long term (the negative effects on the corporation or society) as long as individually they succeed.
- polygamous_bat 3y agoSo many of us know about Goodhart’s law but willfully ignorant about how that applies to modern economies. We made money to be the metric we judge things by, and now we get to enjoy or suffer the results of overoptimization on that metric.
- EchoChamberMan 3y agoUntil the whole thing collapses and blows up in your face.