Another example: Amazon trucks caused x accidents. Accidents are bad (obligatory twitter sub-clause). Now, is X that more or less than Fedex or UPS for the same mileage? Is that the right comparison? I don’t know, but without *some* comparison, what does x mean?
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The first number is anecdote. Adding the second gives us system. ‘Amazon trucks have crashes at a 10x greater rate than FedEx’ - or ‘have crashes at roughly the same rate’ gives us meaning. Which is it? Do you know?
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More examples - twitch has squillions of daily minutes of viewing. Is that a lot? (Note that it sounds smaller in hours!) Well, it’s the same as a 2nd-tier UK TV channel. Netflix spent $15bn in 2019. Is that a lot? Well, it’s more than the top 5 European markets *combined*.
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We get bombarded with numbers, and they often *sound* big, or sound tiny, but we really don’t know. We need the second number.
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There is, of course, a whole book about this.https://www.amazon.com/How-Lie-Statistics-Darrell-Huff/dp/0393310728/ref=nodl_ …
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Hot take: $200B is a big number. Sure, it's small compared to China's GDP or US Fed budget. But really not many things as large as $200B!
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Global retail is $25tr
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Yes, comparative methods for the win. They’re invaluable tools in the kit. Slightly irritated with calling an objective fact an anecdote, but okay, in your broader point, sure, a fact alone doesn’t have the context. So sure.
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A concern I have about such large entities is that they engage in capture activities (our regulators and legislators are so very vulnerable to capture), and then the real crap begins. SNC Lavalin, Canada Bread, and Boeing spring to mind.
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Čini se da učitavanje traje već neko vrijeme.
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