The market (as any emergent competitive process must) optimizes for what buyers want in the short term.

· Bits and Bobs 9/22/25
  • The market (as any emergent competitive process must) optimizes for what buyers want in the short term.
    • Not what they want in the long term.
    • Not what they want to want.
    • The swarm cannot make a tradeoff between the short term and the long term.