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#50 – Doyne Farmer on Complexity and Predicting Technological Progress
Hear This Idea
Completion Economics - Is That a Good Idea?
Complexity economics is about exploring and utilizing a lot more of this complexity, which we now actually model. And so we model the world with those kind of rolls and computer simulations. This allows us to make models that are much more realistic, anddams ofa institutional structure and so on.
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