I think a more accurate and more useful framing is: Game theory is inevitable . Because game theory is just math, the study of how independent actors react to incentives. The specific examples called out here may or may not be inevitable. It's true that the future is unknowable, but it's also true that the future is made up of 8B+ independent actors and that they're going to react to incentives. It's also true that y…
In a world ruled by game theory alone marketing is pointless. Everyone already makes the most rational choice and has all the information, so why appeal to their emotions, build brand awareness or even tell them about your products. Yet companies spend a lot of money on marketing, and game theory tells us that they wouldn't do that without reason Game theory makes a lot of simplifying assumptions. In the real world m…
It does because it's trying to get across the point that although the world seems impossibly complex it's not. Of course it is in fact _almost_ impossibly complex.
This doesn't mean that it's redundant for more complex situations, it only means that to increase its accuracy you have to deepen its depth.