Financialization creates efficiency, but is in tension with potential greatness.

· Bits and Bobs 1/13/25
  • Financialization creates efficiency, but is in tension with potential greatness.
    • It's better able to invest in things that are working; but it can get much harder to iterate and experiment and see what's working.
      • "Before we let you do this prototype, what is the ROI of this in 5 years?"
    • Financialization can make it very hard to get the seedlings to be able to garden in the first place.
    • Financialization is about hyper legibility, hyper focus on quantitative.
    • But sometimes you don't need it, because it's more expensive to create legibility than it is to just do the thing.
    • In the time it would take to document a seedling, you can plant 10 seedlings.
    • As long as the downside risk of the seedling is capped and small, it's just opportunity cost, and making it fully legible just kills the seedling before it even gets started.

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