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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Venkatesh Rao‏ @vgr 17 May 2014
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    Which is harder: for markets to achieve complete information or for humans to behave in saintly ways? 2/2

    10:04 AM - 17 May 2014
    • 12 Retweets
    • 20 Likes
    • gomezoscar doomed schoonover Iqbal Mohammed Anirudha Charles Starnes AffablePsycho Sam Grayson Tomáš Kafka Alex Case
    22 replies 12 retweets 20 likes
      1. Evan O'Neil‏ @evanoneil 17 May 2014
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        @vgr Both seem highly quixotic, likely dangerous.

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      2. Eleanor Saitta‏ @Dymaxion 17 May 2014
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        @vgr We have proofs about the imperfectability of markets.

        2 replies 0 retweets 2 likes
      3. Justin Pickard‏ @justinpickard 17 May 2014
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        Replying to @Dymaxion

        @Dymaxion @vgr - And 'human nature' is a social construct.

        1 reply 0 retweets 0 likes
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      2. J. R. R. Token‏ @dbc___ 17 May 2014
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        Replying to @vgr

        @vgr interesting question. Is it a market anymore when info is complete?

        1 reply 1 retweet 1 like
      3. R_Ganesh‏ @r_ganesh 17 May 2014
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        Replying to @dbc___

        @DouglasCrets @vgr Markets can/will exist even if same information with all because needs, perceptions differ, and change

        2 replies 0 retweets 0 likes
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      1. Alec Resnick‏ @aresnick 17 May 2014
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        @vgr It seems ‘complete information’ requires some amount of human perfectibility— …

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      1. Alec Resnick‏ @aresnick 17 May 2014
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        @vgr … e.g. it seems like many adaptive, stable [useful] patterns of group behavior aren’t the result of complete information

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      1. Britt Crawford‏ @britt 17 May 2014
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        @vgr all NP-Complete problems have the same difficulty

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      1. i fell off my WarHorse‏ @basstransfer 17 May 2014
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        @vgr @pmarca even when machines get to automatically decide which "defective" humans to dispose, humans will never be completely saintly.

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      1. PeppeT‏ @_pp_tm_ 17 May 2014
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        @vgr @pmarca it might be worth reconsidering completeness with such excess of info/noise. However sanity will never be equally distributed.

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