Theme: Productivity

  • THE AMERICAN SPIRIT IN ECONOMIC (SCIENTIFIC) TERMS The pursuit of status and sel

    THE AMERICAN SPIRIT IN ECONOMIC (SCIENTIFIC) TERMS
    The pursuit of status and self image through responsibility demonstrated by heroism (risk) and responsibility (risk) demonstrated through heroism as a contribution of responsibility to the commons, and contribution of responsibility to the commons creates the high trust society that reduces all transaction (cooperation), capital, and maintenance costs for all – as such exhaustive responsibility for private and common produces cooperative (economic) velocity and reduces political friction, allowing cooperative participatory government, limited to the need for rule by natural, common, concurrent law.

    It’s just science. It’s also the most intellectually, psychologically, emotionally, and demanding civilization to live in, and it’s why the feminine left rebels against that responsibiliy: the purpose of the female instinct is to maximize hyperconsumption at minimum responsibility for commons, because responsibility for commons presents an opportunity for conflict, and conflict for harm, and this is contrary to feminine instinct whoch evolved for no other purpose than to extend her nervous system over a passle of children and ensure her ability to protect their fragile lives and survive into self determinant adulthood.

    Cheers

    Curt Doolittle
    The Natural Law Institute
    The Science of Cooperation

    Reply addressees: @digitildream @realdanstilwell


    Source date (UTC): 2023-06-17 14:27:50 UTC

    Original post: https://twitter.com/i/web/status/1670075785267367936

    Replying to: https://twitter.com/i/web/status/1670071683716198400

  • ALTERNATIVE HYPOTHESIS Ryan (all), We have been saying that engineering would ta

    ALTERNATIVE HYPOTHESIS
    Ryan (all),
    We have been saying that engineering would take over product management for many decades. However, it can only happen if the innovations produced by engineering outpace the demands of the market AND are not in conflict with the demands of the market. So management will insert product management whenever those conditions fail.

    Now, the rate at which we exhaust the market opportunity for any given innovation in technology is rather short – on the order of a few years to a decade. And as we become competent in the optimum means of exploiting any technological innovation, innovation decreases, and applications increase until the market is exhausted by a few surviving companies and technologies. Except in rare outliers, research and development on novelties is done by startups whose expenditures are “off book” of the larger companies that later acquire them and exhaust the market for their application. So the opportunity for the engineers to drive product design is largely in the early stage of the innovation, and that opportunity is exhausted by the success of the market.

    Ryan (and Y’all) are young, and in tech especially, you keep trying to reinvent the wheel as if what you’re doing is novel, rather than repeating a cycle that occurs with every non-incremental leap in technological functionality.

    So, using your example, information architects were necessary because engineering lagged innovations in user experience necessary to satisfy user and business demands. It wasn’t devs that solved it. It was training devs through iterative experience that the customer’s behavior not the code, drove the design of products. In other words when web interfaces were new, it only took a few years to standardize (exhaust) the limited vocabulary of design patterns. The same occurred on handheld devices. And we’ll see the same relationship between Product Managers and Devs as Information Architects and Devs. Because the original disequilibrium between the knowledge of the producers of the tech and the knowledge of the customers of its application is an equilibrating function over time.

    And we will get there relatively quickly when we no longer have to guide the next generation of LLMS because they’ll understand our context and just start there every time. The only novelty with LLMs, is that we’d expected to have to go through the perception disambiguation, episode formation, prediction, valuation, and ethical sequence before we added the verbal interface. Instead, we’re working backward from the verbal interface because of the availability of information on the web, and the cost of compute reduced by what were previously graphics processors.

    Y’all lack the historical knowledge (the fault of educators to understand the economics and operations of the industry rather than the craft of programming) to grasp the evolutionary process of operationalization (organizations) of innovation, using capital and people to satisfy markets over time. I’ve been writing software since ’74. And I can list off the top of my head the generational changes in software. It’s a very small number that doesn’t take the fingers of both hands. And much of what we’ve seen with the browser tech’s been bad other than the instantaneous distribution capacity for updates.

    Instead, the primary problem with the industry is the rate of the expansion of the labor pool overwhelming the institutional and disciplinary knowledge base, causing this tendency for each generation to think they’re doing something novel instead of it’s finally economically possible given the hardware and infrastructure improvements to achieve what had been imagined by 1960.

    AI is a great example. It’s just been made possible by a few geeks, that not that many years ago, figured out how to repurpose graphics cards that were invented for 3d video games for neural network data structures, thereby drastically improving the performance. And now we have AI processors on chips.

    Otherwise, other than some shifts in the algorithms due to being able to actually test them on hardware, everything that’s happened since 1960 was pretty much deterministic.

    And as I suggested for a decade now, the encryption age is about to die because there is no substitute for transaction processing, and two-part keys.

    It’s very difficult to obtain knowledge of a field as an artist, craftsman, technician, or scientist. That’s a failure of our higher education system. They don’t teach the economic history of the field so they launch new generations of technicians into it who like the ‘non-sciences’ of psychology, sociology, and politics, lack the basic knowledge of physics, economics, innovation, and evolution. So those who are promoted do. And this creates a divide between craftsmen and management.

    Anyway. It’ll happen as I’ve described above. Because that cycle is a fundamental law of physics, life, behavior, economics, and information. So expect the cycles.

    Just how it is.

    Cheers

    Reply addressees: @rjs


    Source date (UTC): 2023-06-12 20:00:51 UTC

    Original post: https://twitter.com/i/web/status/1668347651203424258

    Replying to: https://twitter.com/i/web/status/1667875141026455558

  • US MILITARY COSTS One of my ancestors was responsible for auditing the ‘military

    US MILITARY COSTS
    One of my ancestors was responsible for auditing the ‘military industrial complex’ for Eisenhower. His assessment was that it was over stated. And present investigations find plenty of folly but generally, no it’s what it’s intended to be: innovation, production, and preservation of capacity – including as a jobs program. Because we cannot scale up and down skills on demand. We have relied too much in private industry which has to manage risk by making the govt pay for lack of stability. China, Russia, And Israel do a better job. With Israel the example we should follow, but with a mixed economy like the chinese and russian.
    Most military cost in the USA is because we actually pay soldiers. And from my estimates the recruiting problem is due largely to continuing to underpay them given the technical needs of the jobs. In other words, virtually ethnonationalizing the military through just paying better would serve us well.

    Reply addressees: @Helium_He3


    Source date (UTC): 2023-06-11 14:57:04 UTC

    Original post: https://twitter.com/i/web/status/1667908815931449346

    Replying to: https://twitter.com/i/web/status/1667907132031922182

  • CITIES: ANOTHER EXAMPLE HETERODOX ECONOMISTS WERE CORRECT. It kind of s*cks to j

    CITIES: ANOTHER EXAMPLE HETERODOX ECONOMISTS WERE CORRECT.
    It kind of s*cks to join the heterodox club, and its worse if (like me) it’s not just in one field, but in math, logic, physics, economics and law.

    We have known for a very long time that big cities, like big governments, and big empires, are not a good thing. That ‘smaller is better’. If for no other reason than people CAN understand, agree, and take responsibiilty for the small.

    The problem is, that cities produced irresponsible people with irresponsible beliefs and ideas, and we don’t want the cancer of their bad (progressive) ideology to infect the rest of the country.

    https://t.co/J8eU0A2XhC


    Source date (UTC): 2023-06-08 20:06:28 UTC

    Original post: https://twitter.com/i/web/status/1666899514727227414

  • Yes. Anyone who doesn’t have to manually move something around in time and space

    Yes. Anyone who doesn’t have to manually move something around in time and space, and specifically anyone whose work is repeatable by an AI (almost everyone that is involved in any aspect of communication)


    Source date (UTC): 2023-06-06 15:44:19 UTC

    Original post: https://twitter.com/i/web/status/1666108764989145090

    Reply addressees: @tryanph

    Replying to: https://twitter.com/i/web/status/1666107749971918848

  • Art always has significance, but it may be good, neutral or bad. There is a rela

    Art always has significance, but it may be good, neutral or bad. There is a relationship between environment, architecture, art, craft, and wealth to produce that architecture, art, and craft. Right now movies are the great sucking sound (black hole) for art, and that institution…


    Source date (UTC): 2023-06-05 14:48:53 UTC

    Original post: https://twitter.com/i/web/status/1665732430831951873

    Replying to: https://twitter.com/i/web/status/1665657125958189057

  • An explanation for normies: the decline on the left is the result of postwar glo

    An explanation for normies: the decline on the left is the result of postwar globalization’s end to american manufacturing advantage. The rise on the right is due to home sales, monetary policy, globalization of investment and finance, and the tech revolution. A lot of people end up with incomes over 200k per year for just one year just by owning a home and eventually selling it. Income doesn’t equal purchasing power or consumption. Unnecessary (irrelevant) higher education increases debt, and delays income, home ownership, reproduction, and family formation. Boomer populations were more competent relative to the US position in the world economy. Repatriating all possible high-value and strategic industries will raise both prices and incomes on the left and decrease on the right. And that’s just the surface of it all.

    Reply addressees: @eshear @Duderichy


    Source date (UTC): 2023-06-05 10:07:58 UTC

    Original post: https://twitter.com/i/web/status/1665661734655336448

    Replying to: https://twitter.com/i/web/status/1665194196469161987

  • As Expected. Tech jobs now. Tech using jobs next

    As Expected. Tech jobs now. Tech using jobs next. https://twitter.com/razibkhan/status/1665573434598850567

  • “Some consulting firms have been touting misguided projections of labor cost sav

    –“Some consulting firms have been touting misguided projections of labor cost savings and supply chain efficiency and encouraging companies to offshore to China for decades.”– Fortune

    Um.. yeah…. There were some of us who warned about the S&L crisis, the fall of the soviet union, the 2001 tech bubble collapse, the 2008 real estate bubble, and the 2025-2030 collapse and likely world war.

    It’s not that we don’t KNOW these deterministic events are going to happen. It’s that people won’t give up their opportunities until FORCED to by world events. And government won’t act to force the change, and redirect the economy into new productive ends.

    Behavioral Econ = Behavioral Science (instincts)
    Austrian Econ = Economic Science (incentives)
    Freshwater Econ = Insurance against shocks.
    Saltwater Econ = Baiting shocks assuming that the shock recovery cycle will still produce gains faster than the more tempered growth. (failing to account for individual harms by measuring aggregate goods)

    We need to get back on a lifetime (monarchy) or 100year (republic) plan. And in doing so prohibit further incrementalism by the saltwater and the left.


    Source date (UTC): 2023-05-30 18:20:47 UTC

    Original post: https://twitter.com/i/web/status/1663611427775561728

  • Basic Economics: Unused debt capacity is an economic drag. The only reason to le

    Basic Economics: Unused debt capacity is an economic drag. The only reason to leave debt capacity unused is risk mitigation. The USA has little risk to mitigate. RU intentionally limited debt and increased reserves so it could take on political, economic and strategic risk.

    US Debt capacity is far higher than the 31.5T and is mostly owed internally. As such carries little risk. In addition, the dollar is so valuable on world markets compared to all other currencies – because we actually have rule of law here – that we have the capacity to inflate that debt with ease.

    I don’t get ‘scared’. 😉

    Reply addressees: @AMG26 @RayJPolitics1


    Source date (UTC): 2023-05-27 17:40:52 UTC

    Original post: https://twitter.com/i/web/status/1662514217604218882

    Replying to: https://twitter.com/i/web/status/1662482541461250049