Chasing efficiency leads to a hollowing out.
- Chasing efficiency leads to a hollowing out.
- The easiest way to juice long term returns is to steal from future returns.
- It's done in finance and tech.
- Both kinds of PMs: Portfolio Managers and Product Managers
- As information transmittance gets faster, everyone has to run their OODA loop faster to create an edge over competitors and stay alive.
- That means everyone is driven to increasingly short-sighted decisions, at an accelerating rate.
- A constant pressure for everyone everywhere in modernity.
- Leading to a hollowing out of nearly everything.