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Perverse Incentives Select for People Who Are the Best at Exploiting a Given System
Summary:
The original deans and administrators burn out due to their dislike of the US News and World Report rankings and are replaced by individuals driven by ranking success.
This shift reflects a difference in mentality between valuing money as a means of support versus valuing money as the sole purpose of life. Similarly, pursuing publications and citations for a job versus making them the ultimate goal shows a significant distinction.
However, these differences are connected through a temporal dynamic where initially people adapt their behavior to succeed in a flawed system.
The system then filters out those who can best exploit it, resulting in the selection of individuals with specific values.
Transcript:
Speaker 2
What happens later on, the original deans and administrators burn out because of how much they hate the US news and rule report rankings, and they get replaced by people who are all it. They think the only point is to rise in the rankings. And those people don't hold back. They only have one target. I think something similar is the difference between so realizing I need a lot of money in order to a decent amount of money to support my family, but not thinking money is the point of life. And similarly, realizing that getting a decent number of publications and citations is necessary for a job versus thinking the goal of my life is to max out citations. And for me, there's a huge gulf between those things.
Speaker 1
Well, here's where I think they're connected because I see the difference and I understand the difference you're talking about. But I think the difference is that is this temporal dynamic, right, where you start out with, let's say, perverse incentives and people saying, well, I don't necessarily value these Things, but I have to shape my behavior in order to succeed in this system. But the thing is, the system being the way it is creates a filter. And the people who are the best at figuring out how to operate in that are the ones that then end up being successful. And they're the ones that teach the next generation or emulated by the next generation. And over time, the people for whatever reasons, psychologically or behaviorally or ever their path is, are best able to exploit the system are going to be able to thrive in it. And I think that because of that, you end up selecting for people with certain kinds of values, because they're going to be the people who there's always exceptions, but are going to Be best able to thrive in this kind of thing.
Paul Smaldino & C. Thi Nguyen on Problems With Value Metrics & Governance at Scale
COMPLEXITY: Physics of Life
Balancing Intellectual Exploration and Action
• There is an anti-pattern in certain podcasts that overemphasizes intellect and underemphasizes action.
• Consuming knowledge from brilliant people can be stimulating, but it may lead to overthinking and under-practicing.
• It is important to balance intellectual comprehension with taking action, initiating projects, and practicing.
• Encouraging agency, initiative, entrepreneurship, and proactive energy is crucial.
Transcript:
Speaker 1
One piece of the puzzle, I think, is that there's an anti-pattern of podcasts, especially in the game, B space and related sort of sense making intellectual philosophical spaces, Which is I'm concerned about an overdoing the intellect and an underdoing the action. You know, there's all of the people that you interview on your show. They're brilliant people. You know, and it's like, every time I can get a new episode of my favorite podcast and listen to this person and be like, wow, they're so smart. And it's really stimulating to listen to these smart people that can communicate really clearly. And the concern that I have is that people get into a habit of just consuming knowledge, just listening to more and more different people and assembling this sort of like pristine map Of how they think reality works. And maybe they start a little bit to think about how they might initiate some kind of community or some project or something that they're interested in, but still they do this thing of Like way over engineering and overthinking it and under practicing, under experimenting. And so my energy is to try and interfere with that tendency and push people more towards their agency, more towards their initiative, their entrepreneurship, their get up and do it Kind of energy.
EP51 Richard Bartlett on Self-Organizing Collaboration
The Jim Rutt Show
Selling Your Ideas Through Sheets Of Paper
Summary:
To make a positive first impression at events like South by Southwest, don't try to sell someone in person.
Instead, hand them a well-crafted pitch on a folded piece of paper and include your phone number. Leaving a memento and acknowledging their busy schedule can also help make a good impression.
Transcript:
Speaker 1
How do i make a positive first impression? Your job at south by southwest is to not make a bad impression. Oeh. Because if all you're doing is trying to sell someone, there are many different ways to do it, aside from coming to south by southwest. What i would recommend, especially ini an instance where you're trying to reach, say, an alister, write somebody who's getting mobbed and pitched all day long, like an anthony bordan, Or whoever it might be, don't try to give the pitch in person. Give them a folded up piece of paper with a page that you've painstakingly crafted. That is the perfect pitch. Include your phone number. You'd be surprised how many v ip folks like to call. Folks we esciped have a conversation. Is supposed to send you their personal emal for instance, don't make an impression. Leave a memento. Just say, hey, i realize you're super busy agout this long line of people. You're under a lot of pressure. I've thought about this. I think this will be of great interest to you.
#99 — How to Build a World-Class Network in Record Time
The Tim Ferriss Show
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