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My second piece of advice is even more simple: Celebrate with a high five and then get back to work. There’s a ton of stuff to do.
How to Make a Few Billion Dollars
Brad Jacobs
Now look at the five numbers on your phone. Do you see a pattern? For instance, are all five laps shorter than ten seconds, a pattern suggesting that your internal clock is running fast? In this simple task, the bias is the difference, positive or negative, between the mean of your laps and ten seconds. Noise constitutes the variability of your results, analogous to the scatter of shots we saw earlier. In statistics, the most common measure of variability is standard deviation, and we will use it to measure noise in judgments.
Noise
Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein
The insight is that that scale causes rare events to become common. Things happen with 2000 servers that you never saw even once with 50 servers, and things which used to happen once in a blue moon, where a shrug and a manual reboot every six months was in fact an appropriate “process,” now happen every week, or even every day.
Rare Things Become Common at Scale
longform.asmartbear.com
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