Are the transaction costs reduced by money primarily cognitive costs? Those can get bad in a giant network of creatures with mean IQ=100
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Replying to @sarahdoingthing
@sarahdoingthing no IQ level makes a quadratic scaling problem in barter go away3 replies 4 retweets 13 likes -
Replying to @puellavulnerata
@sarahdoingthing ...or, cognition solves the problem of figuring out what to do given information.1 reply 0 retweets 2 likes -
Replying to @puellavulnerata
@sarahdoingthing It doesn't make gathering more information or enacting more complex transactions on its basis any cheaper3 replies 0 retweets 1 like -
Replying to @puellavulnerata
@puellavulnerata@sarahdoingthing some of these problems maybe compound? eg: derive additional info from extant facts. seems like IQ work1 reply 0 retweets 1 like -
Replying to @eigenrobot
@puellavulnerata@sarahdoingthing and you might not think to run a 32-kidney transplant swap w/o unusual candlepower http://www.dailymail.co.uk/news/article-1332772/Largest-US-transplant-chain-Surgeons-swap-32-kidneys-Washington.html …1 reply 0 retweets 1 like -
Replying to @eigenrobot
@aspasia_project
@puellavulnerata stop it you are making me optimistic about humanity1 reply 0 retweets 2 likes -
Replying to @sarahdoingthing
@sarahdoingthing @aspasia_project we're all made of gradually rotting meat, the second law of thermodynamics is true, ...1 reply 0 retweets 2 likes -
Replying to @puellavulnerata
@sarahdoingthing @aspasia_project ...and the universe probably isn't Turing-complete. Better now?3 replies 1 retweet 1 like -
Replying to @puellavulnerata
@puellavulnerata @aspasia_project ok fuck humans let's do math1 reply 3 retweets 4 likes
@sarahdoingthing @puellavulnerata race traitor. but yes let's
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