š¬ Ideas that taught me something
Luck Surface Area
The amount of serendipity that will occur in your life, your Luck Surface Area, is directly proportional to the degree to which you do something you're passionate about combined with the total number of people to whom this is effectively communicated.
Credit: https://www.codusoperandi.com/posts/increasing-your-luck-surface-area
Pareto's Principle
The Pareto principle states that for many outcomes roughly 80% of consequences come from 20% of the causes
Parkinson's Law
Work expands so as to fill the time available for its completion.
Hobson's Choice
A choice of taking what is available or nothing at all.
Overton window
The Overton window is the range of policies politically acceptable to the mainstream population at a given time. It is also known as the window of discourse.
Tall poppy syndrome
A perceived tendency to discredit or disparage those who have achieved notable wealth or prominence in public life.
Metcalf's Law
Metcalfe's law states the effect of a network is proportional to the square of the number of connected users of the system (n2)
Dunbar's number
Dunbar's number is a suggested cognitive limit to the number of people with whom one can maintain stable social relationshipsārelationships in which an individual knows who each person is and how each person relates to every other person
Hitchen's Razor
What can be asserted without evidence can also be dismissed without evidence.
Pavlovian Conditioning
Pavlov's theory, also called classical conditioning, refers to learning that associates an unconditioned stimulus that already results in a response (such as a reflex) with a new, conditioned stimulus. As a result, the new stimulus brings about the same response.
Associating an unconditioned stimulus with a new conditioned one, to generate the same response.
To test his theory that the dogs were salivating because they were associating the people with being fed, he began ringing a bell and then presenting the food so they'd associate the sound with food.
These dogs learned to associate the bell ringing with food, causing their mouths to salivate whenever the bell rang ā not just when they encountered the food.
Asymmetric Bet
An asymmetric bet, trade, or investment is when the potential upside of a position is much greater than its potential downside.
Apophenia
The tendency to mistakenly perceive connections and meaning between unrelated things.
Russel Conjugation
Mimics the form of a grammatical conjugation of an irregular verb to illustrate humans' tendency to describe their own behavior more charitably than the behavior of others.
I have reconsidered the matter, you have changed your mind, he has gone back on his word.
Linguistic trick to embed a hierarchy in the conversation.
Genchi Genbutsu
Genchi Genbutsu (ē¾å°ē¾ē©) literally translates "real location, real thing" (meaning "the situation onsite") and it is a key principle of the Toyota Production System.
The principle colloquially translated to: "Go and see for yourself".
It suggests that in order to truly understand a situation one needs to observe what is happening at the site where work actually takes place.
Base your business on deep, first hand knowledge.
ChindÅgu
ChindÅgu (ēéå ·) is the practice of inventing ingenious everyday gadgets that seem to be ideal solutions to particular problems, but which may cause more problems than they solve.
Sheepskin Effect
The sheepskin effect is this notion where completing the last year of highschool or college is disproportionately more valuable than completing the first three.
The sheepskin effect is that completing the last year of high school, college or graduate school is much more profitable than completing any of the previous years, rivaling those other years combined. Employers seem to be paying for the degree (aka the sheepskin, which it's printed on) rather than the human capital being built over time.
Schelling Point
It's a solution that people tend to choose by default in the absence of communication.
Amara's Law
We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run, coined by Roy Amara
Hedonic Threadmill
The more money you make, the higher you status rises, the more you push away your goals, which results in no permanent gain in happiness.
The flip-side to this is that a person's long-term happiness is not significantly affected by otherwise impacting events.
The Hawthorne effect
Individuals modify an aspect of their behavior in response to their awareness of being observed.
People attempt to change or improve their behavior simply because it is being evaluated or studied.
Marginal Thinking
ThinkingĀ in terms of a little bit more, or a little bit less
ThinkingĀ forĀ exampleĀ of the costs versus the benefits of aĀ marginalĀ piece of pie. What's the benefit of one more piece of pie?
Software has close to 0 marginal cost of reproduction. It costs the same to deploy an app to a thousand as it does to a million.
Movies are the same - you produce them once, then you can replicate them at close to zero cost.
In fact, media and software are the main groups that follow this behavior.
Elephant and the rider
Our mind can be divided into the controlled and automatic systems.
The automatic system has its finger on the dopamine release button. The controlled system, in contrast, is better seen as an advisor.
It's a rider placed on the elephant's back to help the elephant make better choices.
The rider can see farther into the future, and the rider can learn valuable information by talking to other riders or by reading maps, but the rider cannot order the elephant around against its will.
An emotionally intelligent person has a skilled rider who knows how to distract and coax the elephant without having to engage in a direct contest of wills.
Transhumanism
Transhumanism is a philosophical movement, the proponents of which advocate and predict the enhancement of the human condition by developing and making widely available sophisticated technologies able to greatly enhance longevity, mood and cognitive abilities.