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“Another lesson is that smart professionals might give an instruction to a program based on a sensible-seeming and normally sound assumption (e.g. that trading volume is a good measure of market liquidity), and that this can produce catastrophic results when the program continues to act on the instruction with iron-clad logical consistency even in the unanticipated situation where the assumption turns out to be invalid. The algorithm just does what it does; and unless it is a very special kind of algorithm, it does not care that we clasp our heads and gasp in dumbstruck horror at the absurd inappropriateness of its actions. This is a theme that we will encounter again.”
― Superintelligence: Paths, Dangers, Strategies
― Superintelligence: Paths, Dangers, Strategies
“This is the essence of the Agricultural Revolution: the ability to keep more people alive under worse conditions.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
“A goal is a specific objective that you either achieve or don't sometime in the future. A system is something you do on a regular basis that increases your odds of happiness in the long run. If you do something every day, its a system. If you're waiting to achieve it someday in the future, it's a goal. If you achieve your goal, you celebrate and feel terrific, but only until you realize you just lost the thing that gave you purpose and direction. Your options are to feel empty and useless, perhaps enjoying the spoils of your success until they bore you, or set new goals and reenter the cycle of permanent presuccess failure. All I'm suggesting is that thinking of goals and systems as very different concepts has power. Goal-oriented people exist in a state of continuous presuccess failure at best, and permanent failure at worst if things never work out. Systems people succeed every time they apply their systems, in the sense that they did what they intended to do. The goals people are fighting the feeling of discouragement at each turn. The systems people are feeling good everytime they apply their system. That's a big difference in terms of maintaining your personal energy in the right direction.”
― How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life
― How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life
“Tolstoy opens Anna Karenina by observing: “All happy families are alike; each unhappy family is unhappy in its own way.” Business is the opposite. All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they failed to escape competition.”
― Zero to One: Notes on Startups, or How to Build the Future
― Zero to One: Notes on Startups, or How to Build the Future
“The tiny Lilliputians surmise that Gulliver's watch may be his god, because it is that which, he admits, he seldom does anything without consulting.”
― Gulliver’s Travels
― Gulliver’s Travels
Kevin’s 2025 Year in Books
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