14/ In this, impacted parties are not blameless. They usually knowingly overallocate resources to function X over insurance of function X
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Replying to @vgr
15/ How do you tell real efficiency increases from fragility-for-cost tradeoffs? Follow the information. Real thing embodies new knowledge
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Replying to @vgr
16/ When you can't find any new information embodied by an evolved system, but it's cheaper, then it is more fragile
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Replying to @vgr
17/ If you find a new information embodied locally, then there is some real efficiency increase and some risk moved elsewhere
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Replying to @vgr
18/ Local new information perturbs information balance of power and some moral hazard, leading to some *new* exploitation of info-neighbors
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Replying to @vgr
19/ Finally, true global information injected into a system (rare, == "disruption") can increase efficiency without fragility
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Replying to @vgr
20/ (of course I mean only limited global: where social costs beyond boundary become part of market dynamics beyond any top-down control)
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Replying to @ankurrsharma
@AnkurRSharma Talk to experienced lean people and they'll admit it. Few will openly say the efficiency-industrial complex is a theater1 reply 0 retweets 1 like
@AnkurRSharma that's easy. Look where actual technical breakthroughs happen and cascade through the system.
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