1min snip

Boundaryless Conversations Podcast cover image

#84 Gardening Platforms and the Future of Open Ecosystems with Alex Komoroske

Boundaryless Conversations Podcast

NOTE

Goodhart's Law and the Use of Proxy Metrics

The interest of individual members in a collective system differs from the collective goal. Emphasizing a single metric can lead to fraud and manipulation, especially if there are no real consequences tied to the metric. Clever participants can exploit loopholes and innovate the metric without impacting the underlying reality. Using a portfolio of metrics and check metrics can help reduce these effects. Long-term outcomes are important, but difficult to measure directly, so proxy metrics are necessary to steer based on long-term goals.

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