Earlier quoted context omitted.
> private people) can decide to lower their risk exposure I think the complexities of modern societies make it too difficult to measure this risk adequately. We just don’t have the bandwidth to think about the second-and-third order effects for every social/financial interaction we encounter. And people are generally very poor at estimating high-consequence/low-probability events. This means people will often take ve…
It also doesn't strike me as very fair. If you smoke, should you not receive cancer care because you took unnecessary risk? I can see how you could arrive at similar conclusions from a risk management perspective, but it's not a morally just system. Within the system risk taking must be accepted.
Too much efficiency makes everything worse (2022)
371–377 of 377 posts
Re: Too much efficiency makes everything worse (2022)
#372Earlier quoted context omitted.
If only that weren't called a "cycle" as if it had a predictable periodicity.
It has inevitability, but you're right, not predictable periodicity. Is predictable periodicity a necessary part of a cycle? I feel like the rise and fall of nations is a cycle, but not necessarily one of predictable periodicity.
Re: Too much efficiency makes everything worse (2022)
#373Earlier quoted context omitted.
> they lock up the items that cumulatively lose the hardware store the most money, due to theft. > I doubt the optimization helped their bottom-line These seem to be in direct contradiction, unless you really think people have stopped going there because of it, to such an extent it outweighs the thefts . Especially when, if they stop going there, the competing local hardware superstore is probably doing the exact sam…
I doubt the optimization helped their bottom-line; I do not know it. It is possible for a business to make money without customers actually liking the company: hey, it works for some of the FA*NG companies! That said, there is something that feels 'off' about management obsessing over shrinkage to the point that the shopping experience begins to suck. It's not a truckstop or a drug store in a bad area... it's a hardw…
I think that's where your misunderstanding might be.
Hardware superstores are extremely attractive targets for huge quantities of theft. You just seem to personally not be aware of it, and are under the mistaken impression that theft is something that happens mainly in truckstops in bad areas.
I think your suspicions are simply based on incorrect assumptions, both around the types of items that thieves steal, as well as the kinds of stores thieves target.
Re: Too much efficiency makes everything worse (2022)
#374Earlier quoted context omitted.
On the other hand, in cities people are queueing up and talking at the bakery counter. While people in the suburbs are listening to the radio while driving to the bakery. I guess you choose to live where you feel most comfortable.
FWIW, my experience is that people are friendlier and more likely to make conversation outside of urban areas.
Re: Too much efficiency makes everything worse (2022)
#375Earlier quoted context omitted.
LA has multiple of all of those and nearly entirely suburbs
Right, but if I had 1 hour in NYC versus 1 hour in LA how many clubs could I theoretically go to? Probably a dozen in NYC, provided I leave immediately. Probably about .5 in LA. So while what you're saying is true, it doesn't disprove anything. LA is much less dense and therefore has much less "stuff" available for its inhabitants. But it's still more than a rural area.
Re: Too much efficiency makes everything worse (2022)
#376Earlier quoted context omitted.
I doubt the optimization helped their bottom-line; I do not know it. It is possible for a business to make money without customers actually liking the company: hey, it works for some of the FA*NG companies! That said, there is something that feels 'off' about management obsessing over shrinkage to the point that the shopping experience begins to suck. It's not a truckstop or a drug store in a bad area... it's a hardw…
> It's not a truckstop or a drug store in a bad area... it's a hardware superstore. I think that's where your misunderstanding might be. Hardware superstores are extremely attractive targets for huge quantities of theft. You just seem to personally not be aware of it, and are under the mistaken impression that theft is something that happens mainly in truckstops in bad areas. I think your suspicions are simply based…
Re: Too much efficiency makes everything worse (2022)
#377I 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…