On the map

At the centre Innovation that answers a policy-made price rather than real scarcity leaves the world no better off, however good the science inside it. Holds LPLant Pritchett Read this korrent →

• Similar wording In creative work there is a real benefit to not following the financial incentives, and to creating scarcity for the sake of quality rather than for its own sake. Holds MLMichael Lewis
• Similar wording Technology has made markets less efficient at long horizons rather than more efficient. Holds CACliff Asness
• Similar wording A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation. Holds KJKeyu Jin
• Similar wording Cutting the cost of something is not a lesser achievement than inventing it, because inventing a cheaper way is precisely how the whole world gets richer. Holds JBJeff Bezos
• Similar wording A common-sense utopia is much closer to the present day than it is to the best futures actually available to us. Holds WMWilliam MacAskill
• Similar wording Good design is honest: it does not make a product seem more innovative, powerful or valuable than it is, and does not manipulate with promises that cannot be kept. Holds DRDieter Rams
• Similar wording Demand for cheap, high-quality intelligence is effectively uncapped, which makes it unlike every other commodity — including electricity. Holds SASam Altman
• Similar wording A technology being right is never enough on its own: whether it wins turns on whether the world is ready for it and whether the economics work at that moment. Holds TPThuan Pham