Course by Scott E Page. Models help solve problems by physicalizing abstract or complex things into something you can tweak and play around with. With models you can introduce and analyze various parameters that influence the result one by one. Models help explain whey things happened one way (why rich get richer) or help in coming up equations / rules so as to easily solve (predict whats going to happen next) when parameters change.
Productivity is highest during wars. Why? People are focussed and produce more. A manager must introduce problems periodically so that the team will produce more and be more resilient (e.g. controlled forrest fires).
Some problems become very easy to solve once you change the way you represent the problem (e.g. cartesian coordinations vs polar or sum three to 15 puzzle).
Many models are better than one. It helps because one gets stuck.
Do higher level work and delegate lower level work to machines. Thats the technology advantage that will keep the sustained growth rate (technology advantage). New innovation (new skills) is the way to keep increasing your salary (output). Typically people have rapid rise in salary in the early years and it flattens out (like countries with high growth peters out after a while unless you innovate)
Data points are given. Now find some insight from that. Build models. Predict whats going to happen next.
No comments:
Post a Comment