Really great point about the gap between expectations and the outcome probability distribution of “the next ___” companies. Often times deltas between expectations and reality are too simply labeled as part of market cycles, sector bubbles, or whatever the case may be. This phenomenon you described can happen in all market phases and is quite prevalent in my experience (I have also been a guilty party before).
The most obvious way to detect it is by trying to be part of the solution. If the people are part of the solution, it likely is not corrupted. If the solutions only come from top down centralized entities, it is likely corrupted.
The solution to the corruption is new decentralized and transparent systems, called Human Swarm Intelligence systems.
Humans solve problems better in groups. Like a think tank, you can be part of the solution:
457: OpenAI's GPT-4 Turbo & GPTs, Elon Musk's xAI Grok 1, YouTube vs Ad-Blockers, Mini-Berkshires, Leucadia, Meta, and Dengue
Love the video recommendations!
Hey Lib- might have a good scoop for you on Panama. Contact me at mark@heyerscope.com or Slack.
Really great point about the gap between expectations and the outcome probability distribution of “the next ___” companies. Often times deltas between expectations and reality are too simply labeled as part of market cycles, sector bubbles, or whatever the case may be. This phenomenon you described can happen in all market phases and is quite prevalent in my experience (I have also been a guilty party before).
Our main problem is corruption of our systems.
The most obvious way to detect it is by trying to be part of the solution. If the people are part of the solution, it likely is not corrupted. If the solutions only come from top down centralized entities, it is likely corrupted.
The solution to the corruption is new decentralized and transparent systems, called Human Swarm Intelligence systems.
Humans solve problems better in groups. Like a think tank, you can be part of the solution:
https://joshketry.substack.com/p/human-swarm-intelligence-the-most