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Big Tech Sees Like a State (2020)
Plus! Pirate’s Treasure, Redux; Takedowns; Antitrust and Laggy Beliefs; Money, The High-Order Bit; More...
Big Tech Sees Like a State Pirate’s Treasure, Redux Takedowns Antitrust and Laggy Beliefs Money, The High-Order Bit Perceptual Arbitrage in Crowdfunding Covid and the Talent Shift When governments and large companies try to create their own farms, they usually grow monocultures, plant them in rectangular fields, use pesticides and heavy equipment, and, in many historical cases, achieve much lower yields or lower-quality products than the old ways. This kind of skill, though, gets less useful as the rest of the world gets more legible: better-quality equipment, cheaper replacement parts, more diagnostics to spot those imperfections, and tighter quality control on materials all diminish the value of local knowledge.
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