timelets: (Default)
[personal profile] timelets
We can think of socialism (S) and capitalism (C) as isomorphic algebras for allocating rival/tangible assets with different rules/institutions, e.g. command vs . market). The C algebra leads to more efficient allocations, i.e. produces higher output. Done.

What happens when assets become intangible/non-rival, i.e. infinitely scalable? Both algebras fail, although in different ways. Smart entities (individuals, companies) capable of appropriating such assets get incredible advantages in winner-takes-all markets. As Peter Thiel puts it, "competition is for suckers."

Date: 2018-08-05 01:56 am (UTC)
lxe: (Default)
From: [personal profile] lxe
P.S. I am not completely confident about the exact breakdown of the "third-arm" skill.
If there is any substantial correlation between engineering skills, including engineering of scalable multitasking processes, and personal ability to concentrate on multiple tasks, it must be negative.
As of myself, I am most productive in single-threaded mode.
Home reading: https://www.amazon.com/Quiet-Power-Introverts-World-Talking/dp/0670916757/
Edited ("on". of course "on") Date: 2018-08-05 01:58 am (UTC)

Profile

timelets: (Default)
timelets

January 2026

S M T W T F S
     1 2 3
4 5 678910
11121314151617
18192021222324
25262728293031

Most Popular Tags

Page Summary

Style Credit

Expand Cut Tags

No cut tags
Page generated Jan. 7th, 2026 06:13 am
Powered by Dreamwidth Studios