("JP")

The production of ignorance and not-knowing is rife in an information ecosystem increasingly mediated by AI. As a result, we mistake probabilistic guesses for ‘hallucinations.’ We mistake reflections in a mirror for a prediction about the future. We mistake uncertainty for risk we can manage. We mistake the production of ignorance for intelligence.... See more

Capitalism is often viewed as an efficiency mechanism, when in reality, it’s an exploration and discovery mechanism. The Austrian School of Economists recognized this. The miraculous strength of capitalism isn’t its beautiful singing voice or fantastic lyrics. Its true strength is not efficiency. In fact, a controlled economy can be very efficient... See more

The reason I’ve just made you read a thousand words about trees (bet you didn’t think you were going to do that today) is that it illustrates the problems of taking a complex system and applying a simple process to it in order to optimize a single metric.

Which brings us back to business: there are a huge number of complex systems in a business,... See more

While in theory the notion of Quality might appear rather philosophical and idealistic, in practice it could not be more pragmatic. One can think of Quality as simply the highest -leverage input into a system. F or illustrative purposes we could envision a continuum of layers starting with a company’s high -level outputs: financial figures and key... See more

In the physical world, asymmetry is an underlying necessity for any change to happen. For example, the ‘death of the universe’ happens when all energy gradients are exhausted, and there are no asymmetries to create a gradient for energy to flow. If it weren’t for the micro asymmetries in the very early universe, nothing interesting like structures

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