GROSS: We’re certainly not saying that horsepower and IQ don’t matter. They certainly do, but there is a clearing bar at which point, for most roles, I think people tend to overvalue it and don’t realize the logarithmic nature of the curve and assume it’s linear. But I actually think, earlier than many people realize, you want to switch to caring a... See more
There are things that can be measured. There are things that are worth measuring. But what can be measured is not always what is worth measuring; what gets measured may have no relationship to what we really want to know. The costs of measuring may be greater than the benefits. The things that get measured may draw effort away from the things we re... See more
More recently, Vitalik Buterin and others in the cryptocurrency community have taken up the rhetoric of blockchain mechanisms as public goods. To be sure, crypto protocols are among the most compelling novel institutional forms. Their unique capabilities derive from their "public" qualities: unrestricted membership and participation, open APIs, tra... See more
The Metaverse could be an efficient way to test out social, economical, and political innovations. Explore different variables that are appealing to people before committing finite resources in the physical world to an idea or policy
Either side can easily be portrayed as the underdog, because victimhood is limited only by imagination. So we must consider the question not in terms of who is most oppressed, but who is most reasonable? Who is most willing to compromise, and whose goals will, overall, benefit Israelis and Palestinians most?
It turns out, sometimes a switch to a different, more attractive occupation can make a male more desirable than a large salary increase. For example, the data from online dating sites suggests that a man who earned $60K in the hospitality industry would become more desirable, on average, if he earned the same amount as a firefighter than if he stay... See more