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AI and the Tragedy of the Commons

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Manage episode 486760933 series 3373672
Content provided by Sahil Bloom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sahil Bloom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In 1968, an ecologist named Garrett Hardin published ​an essay​ that described the perils of individual short-term thinking on shared resources:

"Picture a pasture open to all...the rational herdsman concludes that the only sensible course for him to pursue is to add another animal to his herd. And another; and another...Each man is locked into a system that compels him to increase his herd without limit in a world that is limited. Ruin is the destination toward which all men rush, each pursuing his own best interest in a society that believes in the freedom of the commons. Freedom in a commons brings ruin to all."

This so-called Tragedy of the Commons is a situation in which individual actors, acting in their own rational self-interest, destroy a valuable shared resource.

As I see it today, this mental model from 1968 is a useful lens through which to consider the modern situation we’re facing with AI...

•••


This is the biggest sale ever on my book: 50% off! Now's the time to grab a few copies for yourself, family, or friends before the sale expires.

Get it now 50% off!
Order The 5 Types of Wealth Today!

  continue reading

331 episodes

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AI and the Tragedy of the Commons

Curiosity Chronicle

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Manage episode 486760933 series 3373672
Content provided by Sahil Bloom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sahil Bloom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In 1968, an ecologist named Garrett Hardin published ​an essay​ that described the perils of individual short-term thinking on shared resources:

"Picture a pasture open to all...the rational herdsman concludes that the only sensible course for him to pursue is to add another animal to his herd. And another; and another...Each man is locked into a system that compels him to increase his herd without limit in a world that is limited. Ruin is the destination toward which all men rush, each pursuing his own best interest in a society that believes in the freedom of the commons. Freedom in a commons brings ruin to all."

This so-called Tragedy of the Commons is a situation in which individual actors, acting in their own rational self-interest, destroy a valuable shared resource.

As I see it today, this mental model from 1968 is a useful lens through which to consider the modern situation we’re facing with AI...

•••


This is the biggest sale ever on my book: 50% off! Now's the time to grab a few copies for yourself, family, or friends before the sale expires.

Get it now 50% off!
Order The 5 Types of Wealth Today!

  continue reading

331 episodes

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