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Veblen (of Veblen Goods fame) described it in his Theory of Business Enterprise. Its called a Veblen Dichotomy. As soon as the chimp troupe discovers a new tool
by doc55 3y ago
Veblen (of Veblen Goods fame) described it in his Theory of Business Enterprise. Its called a Veblen Dichotomy. As soon as the chimp troupe discovers a new tool/tech/process etc, two groups emerge to handle the consequences. Both play different roles. One is more technical focused, the other resembles a ceremonial class (similar to kings court). Veblen felt with advances in tech the need for a institutional/beauracratic/ceremonial class would diminish with time.
But it hasnt happened yet cause accessing funds, managing finances, building networks, attracting talent, customers, handling competition and conflict while keeping ever growing group size (ie factions and differdnt agendas,needs,values) from breaking apart, requires lot of tactics that tech hasnt fully addressed yet.
- Anotheroneagain 3y agoThere is also a thing that could be perhaps called "the neophobic paradox": excessive neophilia halts progress, as it turns it into a random walk. It turns into people chasing the next big thing, with no noticeable progress over longer timescales.
- QuantumGood 3y agoneophilia: love or enthusiasm for what is new or novel
- Anotheroneagain 3y agoYes, and you accept anything new when you are too neophilic, and turn progress into a random walk, because most new things are crap.
- advael 3y agoGood to know it has a well-known name