2min snip

Invest Like the Best with Patrick O'Shaughnessy cover image

Shane Parrish – Mastering Mental Models - [Invest Like the Best, EP.17]

Invest Like the Best with Patrick O'Shaughnessy

NOTE

The Pitfalls of Automation and Understanding Reality

Automating processes may lead to increased speed and efficiency, but it's crucial to ensure that automation provides valuable insights and understanding of the changing world. Over-reliance on automation can reduce our understanding of what's really happening, as it only provides a reduced representation of reality. Numbers and data are useful starting points for conversation but should be seen as abstractions, not the full reality. Therefore, it's important to be cautious about automating processes that do not provide knowledge to comprehend the actual circumstances and changes in the environment.

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