67 karma · joined February 5, 2021
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Something like a pool of 5000 investment managers each less likely to make a good decision than would a coin toss, would still produce a small population of "masters of the universe" after 5 years.
My experience working in Semantic Web was much on the same as my experience with Lisp/Scheme. Great fun, hugely educational, glad I know about it, and its great to spot the related concepts/borrowings when they turn up elsewhere.
This means that there is no (financial) pressure on the passenger to fly on an aircraft they do not trust.
Currently the live-or-die risk devolves to the passenger and they have no direct say in the choice of aircraft: after ticket purchase they are left with a take-it-or-leave-it proposition.
This system might force airlines to think much much harder when making their aircraft purchasing decisions.
Just because the aircraft is certified will no longer amount to adequate commercial due diligence.
An airline which wants to protect its revenue will now need to deep-dive into the manufacturers quality procedures themselves.
Otherwise their customers can vote with their feet, at no financial cost, any time prior to departure.