3min chapter

Rationally Speaking Podcast cover image

Rationally Speaking #240 - David Manheim on "Goodhart's Law and why metrics fail"

Rationally Speaking Podcast

CHAPTER

How Do You Maximize Profits?

The key thing that happens when we're talking about people falling prey to Good Heart's Law is that somebody mistakes the goal, the metric for the goal. And if you don't have a clear mental model of how it is that everything relates to one another, it's hard to figure out what it is you actually want. Can I give you a few examples of phenomena and you can tell me if they count as Goodheart's law or not? This is one of my favorite ways to try to understand the boundaries of the definition of something is just throw examples at someone who understands it and have them tell me yes, yes or no, and why not, if not.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode