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Embrace Complexity; Tighten Your Feedback Loops

ferd.ca

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Re: Embrace Complexity; Tighten Your Feedback Loops

#31
post #23

Earlier quoted context omitted.

Giving and receiving love is not zero-sum. Cultivating mutual trust is not zero-sum.

it is not zero-sum between two parties (as in if one party shows more love, there is a chance it will create more mutual love from the other party). But, the problem can be reformulated as zero-sum in terms of time: Time is the ultimate scarce and zero-sum resource, you cannot create time, only redistribute. The more time we spend with the loved ones, less time we have for other things like hobbies and work. Company…

If "anything can be broken down to a zero sum game" just means "time is finite, react accordingly" that's all well and good. Kind of banal, though. I was hoping for something more theoretical...

Re: Embrace Complexity; Tighten Your Feedback Loops

#32
post #23

Earlier quoted context omitted.

it is not zero-sum between two parties (as in if one party shows more love, there is a chance it will create more mutual love from the other party). But, the problem can be reformulated as zero-sum in terms of time: Time is the ultimate scarce and zero-sum resource, you cannot create time, only redistribute. The more time we spend with the loved ones, less time we have for other things like hobbies and work. Company…

If "anything can be broken down to a zero sum game" just means "time is finite, react accordingly" that's all well and good. Kind of banal, though. I was hoping for something more theoretical...

I should have added: anything material (that is subject to laws of preservation of energy and mass).

On the flip-size, only immaterial things can be freely modeled as non zero-sum without conflicts

Re: Embrace Complexity; Tighten Your Feedback Loops

#33
post #23

Earlier quoted context omitted.

Giving and receiving love is not zero-sum. Cultivating mutual trust is not zero-sum.

it is not zero-sum between two parties (as in if one party shows more love, there is a chance it will create more mutual love from the other party). But, the problem can be reformulated as zero-sum in terms of time: Time is the ultimate scarce and zero-sum resource, you cannot create time, only redistribute. The more time we spend with the loved ones, less time we have for other things like hobbies and work. Company…

Free time isn’t zero sum. An accountant and a plumber can create free time by trading services. If it would take a plumber five hours to file his taxes, he could instead fix the tax accountant’s sink in one hour in exchange for the tax accountant filing his taxes. Assuming the tax accountant can do so in one hour and would have taken five hours to fix his own sink, both profit by reclaiming four hours of time.

Re: Embrace Complexity; Tighten Your Feedback Loops

#35
post #23

Earlier quoted context omitted.

it is not zero-sum between two parties (as in if one party shows more love, there is a chance it will create more mutual love from the other party). But, the problem can be reformulated as zero-sum in terms of time: Time is the ultimate scarce and zero-sum resource, you cannot create time, only redistribute. The more time we spend with the loved ones, less time we have for other things like hobbies and work. Company…

Free time isn’t zero sum. An accountant and a plumber can create free time by trading services. If it would take a plumber five hours to file his taxes, he could instead fix the tax accountant’s sink in one hour in exchange for the tax accountant filing his taxes. Assuming the tax accountant can do so in one hour and would have taken five hours to fix his own sink, both profit by reclaiming four hours of time.

^ I don't think professional plumbers and accountants exchange services in kind for a living, last time I checked people use this thing called currency.

and this makes the zero sum, since the money plumber pays accountant, is the money he cannot spend on other things like groceries and vise versa.

Re: Embrace Complexity; Tighten Your Feedback Loops

#36

Earlier quoted context omitted.

Most big tech firms give engineers RSUs for this reason

Indeed, which are sub class of stock with no power. So it’s the same story and is effectively a lottery ticket.

RSUs that you can sell are effectively cash, not a lotto ticket.

Re: Embrace Complexity; Tighten Your Feedback Loops

#37

Earlier quoted context omitted.

>They are there to crack the whip and collect the spoils This is historically correct Here's a recent unambiguous proof from Tesla's own words: "Tesla argued that stock options were used to ensure Director's incentives were aligned with investor goals." [1] Said another way, "we massively over-paid directors in order to give them an incentive to prioritize investor goals over all other goals" In the parlance of finan…

Workers vs investors shouldn't be seen as a zero sum game. If it is then that's short-term thinking. Simon Sinek explains this all very well in The Infinite Game.

Guess which one thinking short term can hurt the other?

I’d agree if there was any semblance of a power balance or history of successful outcomes for the vast majority over the long term.

All people point to are the infinitely rare (over represented here by multiples) first few employees of a huge start up - and even that is getting rarer for anything but the first 100 employees at most.

When was the last big employee millionaire event like Microsoft or Google or Amazon - over 20 years ago for all but Google (19)? That’s an entire career.

I don’t recall a wave of new millionaires from Snap, AirBnB or Uber IPO in the same way. Maybe I’m totally wrong here and just missing these groups - seems all the spoils went to the VCs.

Re: Embrace Complexity; Tighten Your Feedback Loops

#38

Earlier quoted context omitted.

Indeed, which are sub class of stock with no power. So it’s the same story and is effectively a lottery ticket.

RSUs that you can sell are effectively cash, not a lotto ticket.

They depend on the stock which is totally unpredictable

For example, literally the day before I started at my last company, their stock went from $120 to $40

So yes it’s a lotto ticket

Re: Embrace Complexity; Tighten Your Feedback Loops

#39
post #5

Earlier quoted context omitted.

That's a point of view that would change quickly if you were in one of those management positions. You get to a point where it's impossible to do the work anymore. There's too much of it. You have to develop teams, processes, structure, etc. that delivers the outcomes you're accountable for with full knowledge that you cannot do them yourself. It's very different than doing the work and experience shows that fewer pe…

> I encourage you to compare the productivity of the modern multinational corporation to any commune in history. The people working in collectives are not stupid or lazy. It's not an effective structure. It’s a hard comparison to make when the goals of those two systems are vastly different. I worked for a multinational software company and the amount of waste I saw was just staggering. If outside shareholders knew h…

But maximum efficiency does not scale linearly with organisational size/product complexity. So yes, lots of wastage, but still possibly the least wastage of other tried-and-tested organisational models.

Also, effectiveness of software relates to the attributes that align to the dimensions of "goodness" as defined by each user not the developer. The software does not have to be the best (among its peers) to be the most effective for me. The same software may be completely ineffective for you, if what you want out of it is different to what I want.

Re: Embrace Complexity; Tighten Your Feedback Loops

#40
post #35

Earlier quoted context omitted.

Free time isn’t zero sum. An accountant and a plumber can create free time by trading services. If it would take a plumber five hours to file his taxes, he could instead fix the tax accountant’s sink in one hour in exchange for the tax accountant filing his taxes. Assuming the tax accountant can do so in one hour and would have taken five hours to fix his own sink, both profit by reclaiming four hours of time.

^ I don't think professional plumbers and accountants exchange services in kind for a living, last time I checked people use this thing called currency. and this makes the zero sum, since the money plumber pays accountant, is the money he cannot spend on other things like groceries and vise versa.

Sounds like you’re recognizing that the example is positive sum.

And bringing currency into the equation doesn’t change the fact that the plumber is better off for engaging in the trade.

Not all ways of spending money create the same value. He could also spend the money by burning it, which would be negative sum.

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