The Importance of Centralization

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CNN's John Sutter says we could decentralize parts of society and centralize others. Occupational licensing, business regulations are something he would want to see more centralized. He thinks drug approvals should be less centralized because it's hard for every state to decide how safe they think a drug is.

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What is risk-driven development? How should we weigh advice, best practices, and common sense in a domain? What makes some feedback loops better than others? What's the best way to take System 2 knowledge and convert it to System 1 intuition? What are forward-chaining and backward-chaining? When is it best to use one over the other? What are the advantages and disadvantages of centralization and decentralization?

Satvik Beri is a cofounder and head of Data Science at Temple Capital, a quantitative hedge fund specializing in cryptocurrency. He is a big believer in the theory of constraints, and he has a background helping companies find and eliminate major development bottlenecks. Some of his interests include machine learning, functional programming, and mentorship. You can reach him at satvik.beri@gmail.com.

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