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> especially when existential risk is on the table for entities who lose a competition. This really just explains externalities. Competition creates apparent
by nonrandomstring 3y ago
> especially when existential risk is on the table for entities who
lose a competition.
This really just explains externalities. Competition creates apparent
short-range existential risk to a business. Real existential risk (to
people or things damaged by your defective product because of
"precarious perfection") land somewhere else - usually where their
impact is much larger.
- advael 3y agoIf something is considered an externality by some system, decisions that prioritize it are by definition hard or impossible to make within that system. In other words, to change that, we have to rewrite systemic priorities to some degree
- nonrandomstring 3y agoThat's an interesting thought I'll give some chin stroking to. Sounds like something Kurt Godel and John Gall would have hatched together. Is it a personal insight, or from experience, or something you think might be attributable. cheers. > we have to rewrite systemic priorities to some degree maybe Forrester or Meadows has an insight?
- advael 3y agoI mean I am sure I'm not the first person to have this insight - as I said I view it as baked into the definition of "externality" - but I'm also not pulling it from any specific source I can consciously recall