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The thing about bubbles is that it's devilishly difficult to tell the difference between a total sham and a genuine regime shift while it's happening because th
by panarky 11mo ago
The thing about bubbles is that it's devilishly difficult to tell the difference between a total sham and a genuine regime shift while it's happening because the hype level is similar for both.
- heresie-dabord 11mo agoSure, it certainly could be difficult. But this is often because of information assymetry — the purveyors are making big claims about the dragon in their garage. [1] If your intuition told you that there ought to be some evidence for grand claims, you would be right to be suspicious of the continuing absence of suitable evidence. [1] _ http://people.whitman.edu/~herbrawt/classes/110/Sagan.pdf http://people.whitman.edu/~herbrawt/classes/110/Sagan.pdf