moloch, the demon that convinces everyone to participate in the race to the bottom. in other words, we are forced to participate in a game where the only outcome is total annihilation. nuclear warfare is a good modern example, but so is capitalism.
optimizing an objective function is beneficial for everyone in the short term, but in the long term, yields disastrous results. capitalism optimizes profit, and in the past, was a great method for people to earn money. the american dream. however, now it's gone too far as the system works for corporations, and regulators seek to protect the corporations instead of the individual like it was meant to originally.
Comments
Post a Comment