Earlier quoted context omitted.
You could ask the same questions about grocery shopping or buying a PC.
Just to be clear: You're asserting that the average citizen * has the same capacity to research an unknown number of medical procedures and the doctors performing them as they do researching onion prices or CPU specs * faces a similar scale of consequences when failing to properly analyze medical procedures as they do when they fail to properly price-compare onions or PC services * has the same freedom of choice to "…
Too much efficiency makes everything worse (2022)
271–280 of 377 posts
Re: Too much efficiency makes everything worse (2022)
#272I recognize the author Jascha as an incredibly brilliant ML researcher, formerly at Google Brain and now at Anthropic. Among his notable accomplishments, he and coauthors mathematically characterized the propagation of signals through deep neural networks via techniques from physics and statistics (mean field and free probability theory). Leading to arguably some of the most profound yet under-appreciated theoretical…
Interesting timing for me! Just a couple of days ago I discovered the work of biologist Olivier Hamant who has been raising exactly this issue. His main thesis is that very high performance (which he defines as efficacy towards a known goal plus efficiency) and very high robustness (the ability to withstand large fluctuations in the system) are physically incompatible. Examples abound in nature. Contrary to common pe…
It does both, eg. if the environment is stable then fitness is correlated with efficiency, if the environment is unstable then it's robustness.
Re: Too much efficiency makes everything worse (2022)
#273Earlier quoted context omitted.
That solution is never going to work when black swan events occur on the order of every 5-10 years and executive vision is focused on the next quarter with little concern paid to anything outside the next 2-3 years. Nobody is going to want to give up short term performance to mitigate risks that probably won't manifest until after they've left for a better job.
That solution is how it already works for the vast majority of companies in the US. “Too big to fail” is a meme that only applied to a tiny handful of companies during the financial crisis. Take a look at SVB for how fast a stalwart huge bank can implode with zero fucks given by the government.
Re: Too much efficiency makes everything worse (2022)
#274I think of efficiency as one example where naive economic thinking has poisoned common sense. Economists view inefficiency as a problem. Because a healthy economy is efficient, therefore inefficiency is unhealthy. Any inefficient market is a "market failure". Efficiency is also the primary way a manager can add value. But the problem is, efficiency assumes existence of metrics, and indeed is counter productive if you…
> Efficiency is also the primary way a manager can add value. That's not right. The primary task of management is alignment.
Fair enough.. at least they think they can add value by improving efficiency.
Re: Too much efficiency makes everything worse (2022)
#275Earlier quoted context omitted.
It also ignores that huge swaths of the country have no choice at all and the only hospital within a hundred miles is only viable due to huge Federal subsidies. We’ve been helping a close family member navigate that scenario and sure, he could vote with his dollars but it would involve a three hour drive to a neighboring state for an 80-yr old. I’d rather just enforce minimum quality standards on everyone like most o…
I can't imagine anyone would object to minimum quality standards for anything receiving federal subsidies.
I expect the objections are in how quality is measured and enforced.
It reminds me of education system in the US - most people (project 2025 aside) think it's good to have a public education system; having a pipeline of skilled workers makes it easier to build an economy filled with a diverse set of businesses.
However, the attacks start to fly when there is disagreement about who should be allowed to teach, how they should be measured, and how they should be paid.
Re: Too much efficiency makes everything worse (2022)
#276Earlier quoted context omitted.
That solution is never going to work when black swan events occur on the order of every 5-10 years and executive vision is focused on the next quarter with little concern paid to anything outside the next 2-3 years. Nobody is going to want to give up short term performance to mitigate risks that probably won't manifest until after they've left for a better job.
That solution is how it already works for the vast majority of companies in the US. “Too big to fail” is a meme that only applied to a tiny handful of companies during the financial crisis. Take a look at SVB for how fast a stalwart huge bank can implode with zero fucks given by the government.
Re: Too much efficiency makes everything worse (2022)
#277Earlier quoted context omitted.
You could ask the same questions about grocery shopping or buying a PC.
A mis-assessment there might be far less consequential and those also do not require a medical diagnosis before making a decision where to go.
Re: Too much efficiency makes everything worse (2022)
#278Earlier quoted context omitted.
Interesting timing for me! Just a couple of days ago I discovered the work of biologist Olivier Hamant who has been raising exactly this issue. His main thesis is that very high performance (which he defines as efficacy towards a known goal plus efficiency) and very high robustness (the ability to withstand large fluctuations in the system) are physically incompatible. Examples abound in nature. Contrary to common pe…
I don’t think it’s smart to proactively back track without being very careful. One thing that’s needed is for corporate death to be allowed to occur. Right now the downsides of risky behavior is bailed out for large enough risk. Then the companies that fail aren’t robust and the ones that don’t are but bailouts let non robust companies keep going. Otherwise “robustness” is a property without a measure which means tha…
And the owners could have sold when the business was propped up by unknown fragility.
Human lives are too short for these kinds of feedback loops to be all that effective.
Re: Too much efficiency makes everything worse (2022)
#279Earlier quoted context omitted.
> Efficiency is also the primary way a manager can add value. That's not right. The primary task of management is alignment.
> That's not right. The primary task of management is alignment. Fair enough.. at least they think they can add value by improving efficiency.
But yes, there are plenty of managers that focus on it.
Re: Too much efficiency makes everything worse (2022)
#280This is more a meta comment about the blog itself (as is customary for HN): I like the blog, there has been a lot of work put into it, so it makes me sad that it's hosted on GitHub pages using a subdomain of GitHub.io. When the day comes that GitHub inevitably kills/ruins Pages, because it _will_ happen, there is no question, the links to this blog will be stuck forever pointing to this dead subdomain that the author…