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Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity

3320.873 - 3347.63 Doyne Farmer

Whereas we don't have anything that clean in the economy, Innovation depends on human reasoning, but sometimes just assuming it happens randomly is not a bad start. There's something called Wright's Law or learning by doing, comes under several different names. That's a very useful way to predict technological improvement.

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