The best way to learn what customers want is to try to sell them something.
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I think China's "crossing the river by feeling the stones" strategy is brilliant in that regard. Get increasing information from market economy while maximizing control at each step. https://www.nytimes.com/interactive/2018/11/18/world/asia/china-rules.html …pic.twitter.com/tTrffhqeck
It will be interesting if it leads to a local maximum. Time will tell.
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Even if it does we’d (the west) would never pursue that strategy because we value freedom more than they do.
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feels like china == gradient descent. america == random forests every 4-8 years.
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