There are two types of friction. Disfriction and eufriction. Paperwork is disfriction, bargaining/negotiation is eufriction.
@vgr Ah, thanks. So, in other words, pricing inefficiencies that encourage economic activity vs. process inefficiencies that discourage it.
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@paulbaumgart intelligence-increasing vs. intelligence-decreasing friction is litmus test. Nobody ever got smarter by filling out a form. -
@vgr That's an interesting framework for evaluating many other things, in addition to my go-to of economic analysis. Thanks!
End of conversation
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@paulbaumgart catalyzing economic activity is sometimes a side-effect...Thanks. Twitter will use this to make your timeline better. UndoUndo
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