If an institution behaves exactly as incentives suggest it should, it is dying. Institutions are alive to the degree they are unpredictable.
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Are you saying institutions are complex, irrational or both?
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. I don't think "aliveness" would be on linear scale; too much (and perhaps too little) unpredictability could collapse the institution
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Is tech an institution and, if so, is it dying by this definition?
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Facebook and fake news. Maximizes revenue for now but kills the big idea.






