Money is not the root of all evil. Information asymmetry is.
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Odgovor korisniku/ci @arjunblj
and what would be so good about a world with perfect information symmetry?
1 reply 0 proslijeđenih tweetova 2 korisnika označavaju da im se sviđa -
Sounds very awkward
1 reply 0 proslijeđenih tweetova 4 korisnika označavaju da im se sviđa -
I agree that a world with perfect information symmetry would be extremely awkward. I think there are positive second/third-order effects to reduced information asymmetry (both in creativity/innovation, and addition by subtraction given less malice).
1 reply 0 proslijeđenih tweetova 1 korisnik označava da mu se sviđa -
This tweet is general, so to be specific: Strong preference for guess-culture when it comes to social ambiguity. If we're talking things like financial transparency in markets, then much more onboard with what you're saying
1 reply 0 proslijeđenih tweetova 3 korisnika označavaju da im se sviđa -
We're 100% on the same page. :-)
1 reply 0 proslijeđenih tweetova 1 korisnik označava da mu se sviđa -
I'd like to offer a counter, I think Informational asymmetry is what creates risk, and all of finance is more or less dependent on transferring & transforming risk. I'm not sure what would exist without it?
1 reply 1 proslijeđeni tweet 1 korisnik označava da mu se sviđa -
How do you have transactions without buyers and sellers? How do you have simultaneous buyers and sellers at a single price without information asymmetry? Insurance would disappears. Capital markets would, I think, disappear.
1 reply 0 proslijeđenih tweetova 1 korisnik označava da mu se sviđa -
Information would cease to have value. And if information doesn't have value, why would anyone put in the work to create new information? Seems to me like information asymmetry might be the core of what keeps humanity progressing
1 reply 0 proslijeđenih tweetova 5 korisnika označava da im se sviđa -
I think there's a distinction to be made between information (which I see as synonymous with data) and knowledge (alpha generated from analysis). Having more information symmetry doesn't necessitate that all risk is removed, but could lead to much greater efficiency.
0 proslijeđenih tweetova 3 korisnika označavaju da im se sviđa
Efficiency from market stabilising systems. Less arbitration.
Čini se da učitavanje traje već neko vrijeme.
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