4,672 karma · joined July 25, 2014
Then to keep going type “page 2 of 10” and the AI will keep it going
1. The value of dollars today / next year increase while the value of dollars in 5-10 years decreases, incentivizing less R&D and preferring short term operations (and cutting staff)
2. Profitability needs to increase overall in order to make sense owning stock vs a guaranteed return from the government, otherwise the risk of holding a stock doesn't make sense.
Basically the opposite of what happened when interest rates dropped, where "cash is trash" became the mantra.
So it is driven by investors, but it doesn't require any broad coordination, only shared beliefs and self interest.
The junk food example is one aspect on frequency and availability. There are other aspects to habit formation like understanding how habits are triggered (by system1) and creating or removing triggers, how location can play into habit triggers, how habits can be more easily bootstrapped on top of existing habits, etc
I liked the book Good Habits Bad Habits which is more science based than the pop stuff but I would guess that Atomic Habits covers similar stuff.
I’m glad we don’t have to deal with this issue as much in software. I can’t imagine that a world where all the companies actually tried to enforce their software patents would be better for anyone but the lawyers.
Also the story goes that the Wild West was so famous for not enforcing Edison’s patents, an entire industry formed to take advantage: Hollywood.
There are also no-money markets like Forecast and the traditional forecasting competitions like GJP and Metaculus
Ultimately questions of right and wrong are entirely values based (barring belief in an absolute power, and I’m not aware of a way to pick absolute right and wrong without starting with some sort of unprovable assumption, one could charitably call “faith”)
Also I do think it’s too early to call it as safe: just because something has not happened yet does not mean it won’t happen, or “absence of evidence is not evidence of absence”
* different enough that it matters to people who care about modern day politics
And it is like you said self fulfilling, where the world makes more sense the less economic success one has, and the narrative provides no moral option to changing one’s economic status within the system.
The way I see it though, unless anyone is shorting cryptocurrency with 100% of their net worth I think they are at some level expressing that the world is not so clear cut. Sometimes meme stocks win before you run out of runway.
https://www.yahoo.com/news/terrausd-founder-kwon-mocked-econ...
The AMA is actually doing a great job at this recently compared to the ABA, where there have been too many lawyers graduating recently for insane salaries except at the top.
That HN is a thoughtful garden unconcerned with the ugliness of ads and growth targets is also unsurprising to me, in the same way that a lot of open source and other charitable giving comes from companies who are already comfortably profitable.