Abundance is really hard to measure. Economics kinda ends at zero price. You need something like imaginary numbers for price, since negative price is simply regular price with transaction direction reversed.
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Replying to @doriantaylor
Sure, but that doesn’t mean abundance does not have distinctive dynamics or that it is subsumed by the nearest scarcity
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Replying to @vgr
do we have a formal definition of abundance? eg for a given X there is so much X it isn't worth counting it?
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Replying to @doriantaylor
Like oxygen in the air. It's not free (taxes pay for clean air etc), but it's not worth counting pennies over. For most people the price movements of air are in indifference zone and supply is effectively never constrained relative to demand
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Replying to @vgr @doriantaylor1 reply 0 retweets 2 likes
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I'm now thinking too cheap to meter is the source of many adaptation/survival hacks, like those simulation worlds where AIs hack the reward function by using things like rounding errors to gain a slight advantage
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Ooh I got it, connecting to my mediocrity musings and my survival of the mediocre mediocre post. Abundance is the ability to NOT optimize present behaviors. Excellence/local optimization is a symptom of scarcity.
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