The Hidden Danger of Big Data
With big data, we can multiply our options and filter out things we don’t want to see. But there is much to be said for making discoveries through pure serendipity: contingency and randomness often furnish the transformational or counterintuitive ideas that propel humanity forward.
https://prosyn.org/7uL0Si8
CAMBRIDGE – In game theory, the “price of anarchy” describes how individuals acting in their own self-interest within a larger system tend to reduce that larger system’s efficiency. It is a ubiquitous phenomenon, one that almost all of us confront, in some form, on a regular basis.