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And they are instantiated as a distributed processing system on human beings. They don’t particularly care about human beings. Their motives are inscrutable, to the extent that they have any, except that they’d like to get bigger. They’ve run on people. They’re implemented on people. But they are not people. They are not persons in any meaningful s
... See moreW. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Max Levchin, my co-founder at PayPal, says that startups should make their early staff as personally similar as possible.
Peter Thiel, Blake Masters • Zero to One
I can summarize a thousand years of moral philosophy in a few sentences: pre–Hobbes and Bentham, human nature was viewed as a battle between our desire to be good and our temptations to behave badly, and the gist of moral philosophy and religious faith was that we should treat each other as we want to be treated ourselves—the golden rule—and we sho
... See moreW. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Noah Smith • Interview: Tyler Cowen, economist and public intellectual
cleverest observer. Consider
Martin Gurri • Revolt of the Public and the Crisis of Authority in the New Millennium
This is what is often called a "tragedy of the commons." Each dairy farmer has an incentive to add more cows to his herd, because he obtains the benefits of the additional cows while suffering only a fraction of the costs; but collectively the cows ruin the pasture. Dairy farmers need to find some way to avert this tragedy, perhaps throug
... See moreRichard H. Thaler • Nudge: Improving Decisions About Health, Wealth, and Happiness: Improving Decisions About Health, Wealth and Happiness
She explained that an externality was not irrelevant, but, rather, uncounted—a consequence without a cost.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
his human flock, and it was thus right and natural for his subjects to obey him