7/ Chief among these are safety and insurance functions in engineering design and operations. The "what-if" infrastructure.
-
-
18/ Local new information perturbs information balance of power and some moral hazard, leading to some *new* exploitation of info-neighbors
-
19/ Finally, true global information injected into a system (rare, == "disruption") can increase efficiency without fragility
- 5 more replies
New conversation -
-
-
@vgr And I agree that there is a risk/efficiency tradeoff, but most real systems aren't anywhere near the efficient frontier for it. -
@davidmanheim Yeah, it's expensive to creep towards it. Easier to fake it even when you're not at the frontier. - 2 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.