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The Power of Mental Modeling and the Limits of AI

Azeem Azhar's Exponential View

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The New Counter Factors of Computing

Ete this idea of these new counterfacturals is so closely connected to many of the very, very successful technology companies that we see in the world to day. So let's take the example of amazon. They partially asked the question, you know, can we actually create a bookstore which has unlimited inventory, all the books that could possibly ever exist? And the answer was yes. But they also realized that they could actually sell it at cost, or even below cost, because they understood there was mathematics involved. Younw de shaw, which was a large, algrithmic trading company that knows all about finance and and making money off o floats.

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