Akimbo: A Podcast from Seth Godin Synecdoche (E)
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Nov 29, 2023 This podcast explores the concept of synecdoche and its interpretations, as well as the challenges faced by NASA after the moon landing and the creation of the space shuttle. It also examines the flaws in the rational actor model and the importance of prioritizing user experience. Additionally, it delves into the dynamics of status roles and strategies for engaging with higher-status individuals.
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How The Shuttle Became A Compromise
- Seth recounts how NASA's shuttle program was reverse-engineered to justify continued funding, producing compromises and massive costs.
- The Soviet Union copied the shuttle out of fear and misread intentions, building a similar craft that flew once and was then shelved.
Organizations Are Not Single Rational Actors
- Organizations don't decide as a single rational actor but via bureaucratic parts with limited perspectives.
- This leads to satisficing, reliance on repertoires, and preference for reducing short-term uncertainty over optimal long-term choices.
Economics Relies On A Flawed Assumption
- Much of economic theory assumes a single rational actor, but behavioral reality contradicts that model.
- Recognizing this mismatch reframes how we interpret markets and policy choices.