psb5
Joined 5 months ago
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Member since
May 17
Joined 5 months ago
My Aunt runs an accounting firm and is constantly moaning about the number of people who have over accumulated cash from IPOs and have no clue what to do with it all.
Variety not simplicity or efficiency or optimization is what saves the chimp troupe from every growing complexity in an ever changing environment.
In systems theory Friction is a requirement for stability, controlability and predictability.
Take any system around you and reduce friction all kinds of x files will start getting reported and pile up. This is all well known(Goodharts Law, Bounded Rationality,Explore-Exploit tradeoff etc) to people who work on system stability not just optimization.
There is no media theory of information of what happens when info explodes beyond capacity of the system to consume it. (UN report on Attention Economy says less than 1% is actually consumed by humans)
So media orgs, instead of coming up with one, they just keep mindlessly doing what they know how to do - generate more info. Platforms and corps subsidize this activity for their own interests.
So media orgs have no signal/warped signals of how useless what they are doing is.