Sublime

Look, sometimes you have to make quick decisions. You can’t just have humans make them; you have to combine human and machine methods.”

basics. The economy, whether in Europe or the US, is an enormous collection of arrangements and institutions and technologies and human actions, buying and selling and investing and exploring and strategizing. It’s a huge hive of activity, where the individual behavior of agents—banks, consumers, producers, government departments—leads to aggregate

publicly visible.

Agent_Zero. Geoff’s work is so fantastic in this space. Cities, just like ecosystems, are more diverse as they get bigger. Why is that? Well, if you think about it from a biological perspective, there’s just more diversity carrying capacity, right? Like if I’m interested in European soccer and I live in a town of 500 people, there’s just no one to

relationship of earnings and stock prices—the correlation’s very low.

There is an additional element of importance: these systems usually generate implicit internal models of their environments, models progressively revised and improved as the system accumulates experience. The systems learn.