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that’s correct but a better explanation is this https://youtu.be/AwEaHCjgeXk?si=tV72uauquCHvzkNE

Yeah that is definitely not the relatively easy intuition for this. The relatively easy intuition comes from learning about the Bernoulli trials, binomial distribution and Pascal triangle. Once you understand those you understand why normal distribution is so prevalent. Or just watch this https://youtu.be/AwEaHCjgeXk?si=tV72uauquCHvzkNE

They explained the intuition in like two sentences that an 8th grader can understand and test themselves.

Sounds simpler than whatever you’re talking about here


Well the economic framework they have been trained for is collapsing so there’s that


This more like … let’s change the way we code so LLMs and AI coding assist can reduce the error rate and improve reliability


sure bud .. wake the fck up


yeah but they don’t know that competition is for losers, you compete away all the profits while PE firms laugh all the way to the bank.


Ohh university admission another manufactured scam.


exactly that’s how I describe it as well, this world is highly manufactured. If you opt out you are mostly alone so this also serves as a kind of social circle


I get it but control of money is still plenty centralized through control of money supply, gov can direct financial institutions where to allocate money and that also affects your cash; FDR took the gold away 1933 to keep people locked in, we’ll get CBDC soon enough


we are over saturated with economic thinking ..at this point when I hear efficiency or competitiveness a suddenly have an uncontrollable reflex of throwing up


I get the hatred of excesses wrt finance/economics, to a point. Though I can't help but see comments against efficiency in general as a shift in the needle towards policymakers who bask in nimwittitude.

We're not over saturated with it, because in another universe: paper currency failed the vibe check because not-thinking-about-stuff was en vogue. I'm glad we live in this one.


That legit happened a few times in history until it stuck. Paper currency was invented and abandoned many times in history so we sort of do live in the timeline where it failed the vibe check, it's just such a good idea people kept trying it afterwards.


> nimwittitude

Is that the intellectual level of a witling?


Healthy employees do better work than unhealthy ones and happiness is a key component of mental health. Hence efficiency improves when employees have better working conditions.


how about transitioning to a non-commercial, cooperative "resource-based" economy then? we could need some help..


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