2min chapter

80,000 Hours Podcast cover image

#11 - Spencer Greenberg on speeding up social science 10-fold & why plenty of startups cause harm

80,000 Hours Podcast

CHAPTER

The Three Categories of Irrational Products

In economics, those are called post-experience goods. You have experience goods where you need to use them to tell whether it's working. And then you have post-experiences goods where even after you've used them, you can't tell whether they've worked. Those are some of the products where you find the most dodgy markets and fraudulent products because there's no feedback cycle.

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