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Think Twice

Think with Pinker

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The Importance of Expedential Growth

In a natural environment, stein's law applies. Things that can't go on forever don't. Anything that grows expedientially will soon deplete or saturate its environment. It's only with artificial institutions like bank loans that expeditial growth can carry on for long. The idea that formulas could out perform human experts can stick in the craws of the experts themselves,. We do have to carve out a role for human judgment.

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