Years ago read the observation along the lines of Institutions become more stupid over time than those managing them. Was it @vgr / vintage ribbonfarm?
Possibly. I made that point in a few places I think. Return of the Barbarian, Gollum Effect, Hacking the Non-Disposable Planet
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Thanks! will read for refs. Before i dive in, how does one square that with the equally true MacLeod Life Cycle?
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They’re consistent. Last extractive phase is where the 2 models converge.
End of conversation
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