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technology, economics, and behaviour

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technology, economics, and behaviour

Every fortnight I curate a number of the observations and insights that have been shared on social media. I name these Friday’s Finds.

“We are creatures of habit. Technologies are teachers of habit.” @amicusadastra

“States fail when they cannot distinguish fools from serious men.”Antisthenes through @sentantiq

“I believe it was Arthur C. Marx who said that any sufficiently globalized corporation is indistinguishable from empire.” @annaleen

 “obviously broken” techniques will generally truly outperform “kinda broken” ones, as a result of the latter may mislead individuals into trusting them. An apparent instance could be site visitors lights. A corollary to this precept (for which I might use a catchy title!) is that if fixing a system is just too onerous, you may truly need to break it additional or by some means make it clearly damaged. Many techniques, nonetheless, truly rely for his or her performing on their brokenness remaining hid, a minimum of from most individuals. Judiciary techniques is perhaps an instance. I go away it as an train for the reader to (a) formulate a concise criterion for deciding whether or not to repair, conceal, or reveal a system’s brokenness, and (b) encapsulate these concepts into a pleasant 2×2.@sebpaquet

Caffeine and angry bankers: the comfort of bad behaviour by @LedaGlyptis

Senior persons are time-poor and it is best to respect that and refine the artwork of govt briefings and crisp summaries. High stage highlights and clear asks. Complexity wants time and focus and now we have no endurance for it today. But attempt saying that in an govt boardroom. Try suggesting that the way in which we work is just not conducive to creating knowledgeable selections or reflecting on challenges and alternatives. Try suggesting that working like this leaves option to likelihood as a result of the seniors can’t see past the following half-hour interval and the juniors churn out PowerPoint protected within the delusion that their seniors and betters will discover if one thing is lacking, if one thing is unsuitable, if one thing is insufficient – and too distracted by half by a need to be on the apex of enterprise themselves: that magical time when they are going to be studying different individuals’s badly thought-through slides, too busy to really assist them get the work proper.

20 Years of Blogging: What I’ve Learned by @anildash

Ultimately, it’s my perception that social networks are techniques that may be deliberately designed, and intelligently managed, to make sure that their main impression is a optimistic one for the individuals who use them, and for the world. This is an optimistic concept that was the unique spark for the creation of platforms, and a promise that’s been painfully deserted within the years since. But I feel now we have discovered sufficient classes for it to nonetheless be price making an attempt to make one thing that works for the world.

The Economist Who Would Fix the American Dream

Economics has lengthy performed the position of sociology’s annoying older brother—conventionally completed and wholeheartedly assured, unaware of what he doesn’t know, whereas nonetheless commanding everybody’s consideration. [Raj] Chetty, although, is a part of a youthful era of students who’ve embraced a mode of quantitative social science that crosses outdated disciplinary traces. There are sturdy hints in his analysis that social capital and mobility are intimately related; even a crude measure of social capital, such because the variety of bowling alleys in a neighborhood, appears to trace with alternative. His knowledge additionally recommend that who you already know rising up can have lasting results. A paper on patents he co-authored discovered that younger ladies have been extra prone to develop into inventors in the event that they’d moved as kids to locations the place many feminine inventors lived. (The variety of male inventors had little impact.) Even which fields inventors labored in was closely influenced by what was being invented round them as kids. Those who grew up within the Bay Area had a number of the highest charges of patenting in computer systems and associated fields, whereas those that spent their childhood in Minneapolis, residence of many medical-device producers, tended to invent medicine and medical gadgets. Chetty is presently working with knowledge from Facebook and different social-media platforms to quantify the hyperlinks between alternative and our social networks.

Image — @amyburvall

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