Sublime

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worth literally trillions, which he claimed he could put toward EA-related causes. Who knows what the limits were; he’d even told Ellison there was a 5 percent chance he could become president of the United States. His utility function was “closer to linear,” he explained; the trillionth dollar really was almost as good as the first. Technically sp

The research on innovation identifies this as a common problem for managers as companies grow. Barnholt calls it the tyranny of large numbers, explaining that “there’s a natural tendency to think in terms of bigger bets as you get to be bigger.”

And if there are rules that govern what people do, that’s power. That’s like Isaac Newton discovering the laws of physics. It felt like somebody’s showing me the code—the code of how you can influence people.

As James Surowiecki explained in his best-selling The Wisdom of Crowds, this is the kind of task in which individuals do very poorly, but pools of individual judgments do remarkably well.

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At the time, a fierce debate was raging about whether centrally planned economies like that of the Soviet Union—in other words, economies where there was a single core responsible for creating and distributing goods and services—worked better than free market economies where planning and production were done by an undirected, decentralized crowd. M