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7min chapter
Making sense of chaos with Doyne Farmer
Simplifying Complexity
Reimagining Economic Models for Technological Transitions
This chapter delves into the limitations of traditional economic approaches and introduces a new model that emphasizes local interactions and likely paths over optimization. The discussion also covers the critical importance of companies adapting to rapid energy transitions and the exponential growth and cost reductions of technologies like solar energy and wind.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode