Sublime

Both are dynamic systems in which the selfish actions of countless individuals—whether they be cells or investors—lead to unpredictable consequences at the system level. In turn, these collective actions and consequences feed back to influence individual actions in endless cycles of adaptation and evolution.

so deeply uncomfortable saying, “I don’t know” or “it depends,” especially in finance.

a subject of active development is how systems like Polis and Community Notes could be extended with modern graph theory and GFMs.

These are worlds that will be revealed not by better instruments but by new models and frameworks that allow us to see the familiar world in unfamiliar ways—to transform domains described into domains rigorously quantified and observations informally sensed into those formally understood.

When Donald Trump claimed that he used his own money to finance his primary campaign, he was really declaring, to the chagrin of his party leadership, that he was not to be part of Washington’s massive network of intertwining patron–client relationships.

So, participation is risky in that sense.

The basic idea is that small-world networks consist of clusters that are weakly linked through a small number of network agents. In social terms, this means that people are related to each other through relatively small, tight clusters, but a few members of these clusters are weakly connected to other clusters.