danm07
Joined 11 years ago
Joined 11 years ago
The human brain and our tools thus far are more adapted to solving linear problems, so the higher the dimensionality and non-linear the relationships, the less we're able to produce determinist results.
I personally believe problems of this kind we cannot arrive at perfect solutions, only optimal ones. By optimal, I mean making trade-offs on certain variables so as to minimize total cost. The weights are also variables depending on trends of the epoch (environmental factors not such a big deal a decade ago, big deal now --> need to update our equation)
The other factor comes as a form of bureaucracy. It takes time to push the change through the chain of politics, re-aligning incentives, carving new markets and distribution channels, changing market sentiments, etc.
Ages on ages before any eyes could see year after year thunderously pounding the shore as now. For whom, for what? On a dead planet with no life to entertain.
Never at rest tortured by energy wasted prodigiously by the Sun poured into space. A mite makes the sea roar.
Deep in the sea all molecules repeat the patterns of one another till complex new ones are formed. They make others like themselves and a new dance starts. Growing in size and complexity living things masses of atoms DNA, protein dancing a pattern ever more intricate.
Out of the cradle onto dry land here it is standing: atoms with consciousness; matter with curiosity.
Stands at the sea, wonders at wondering: I a universe of atoms an atom in the Universe.
Feynman
Being the dumbest guy in the room, and knowing so is probably good for you in the long run.
Economics is mostly theory about how the world should operate based on certain laws... supply and demand etc. They go through rigorous derivations using calculus and statistics. You might get a top level overview of the driving forces behind an industry, but in a startup that's hardly useful.
Also in microeconomics, you are taught how a prototypical consumer might behave under canned conditions. Not at all representative of the real world.
There's really a single law book for running startups, and the first commandment is talk to your customers. Literally everything else is bs, at least in the beginning stages.