"Too little attention in economics to second order and even higher order effects. This defect is quite understandable, because the consequences have consequences, and the consequences of the consequences have consequences, and so on. It gets very complicated. When I was a meteorologist I found this stuff very irritating. And economics makes meteorology look like a tea party."
Sunday, 30 December 2007
Tall Order
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6 comments:
My question is how a meteorologist ever got to be vice chairman of a investment company
Best wishes for year 2008, Elanor =)
Happy New Year to Feliz and Chewxy!
w00t!
And he is from Michigan! Go Blue!
eh, it applies to AI as well. http://64.233.179.104/scholar?num=100&hl=en&lr=&q=cache:aHJSTTyRgh4J:agiri.org/agivolume/AGIBook_2005Jan05.pdf.gz%23page%3D392+
Levels of Organization in General Intelligence
Eliezer Yudkowsky
it's on how the AI community has been beset by 'physics envy' - aiming for some essence of the entire AI problem. Ignoring the inherent complexity of the subject. I think it applies very well to economics as well.
oops, the url didnt wrap! argh... here you go. Levels of Organization in General Intelligence
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