Hayek told us that true information lives at the edge.
- Hayek told us that true information lives at the edge.
- All markets happen on the margin, the gradient of surprise.
- If you aren't at the edge. then you don't have real information.
From other episodes
- Inductively achievable goals are the gradient of improvement.2026-07-20
- Even (very) noisy LLM evaluators are useful for improving AI agents.2026-06-01
- End-to-end encryption in messaging is now table stakes.2026-04-06
- If a system is open but so different from everything else, it is effectively closed.2026-02-23
- The gradient of competition can only give users what they want, not what they want to want.2025-12-08
- If you follow the gradients of optimization you get what people "want" not what they "want to want."2025-11-24
- There's a class of shortcuts that are good for the individual but bad for the collective.2025-11-17
- Enshittification is inevitable for successful products.2025-11-10