“Pay peanuts and you get monkeys” – David Ogilvy
Related:
- 2-1a1a2 ‘Bias from incentives’ - Explicate your culture-incentive as much as possible
- 2-1a6 ‘Incentives’ - Incentives drive (almost) everything. Understand your incentives.
- E.g., the Equalization Payment system in Canada wherein a province whose capacity is below the average gets a check from the federal pot to top them up to the average → Quebec effectively gets paid to not develop its economy
- 2-1c3 ‘Win and help win’ always outcompete
- 3-1c3c4 ‘Tendency to distort due to liking or disliking’ - Never be ashamed of citing a bad author if the line is good.
- 5-2a1 You get what you measure
E.g., AI slop and reply spam due to “infofi”
Related:
- 5-1b4a Amara’s law - we expect too much in the short-run, but too little in the long-run
- Haseeb: “The Internet didn’t fall apart because of bots. It’s worse for sure. Two lessons: one, society is actually more resilient than we give it credit for, and second, we suck at predicting the consequences of technology.”
- 5-2c2 Fake stuff usually has a sharp peak of seeming to matter