@speedschootre Counterintuitively, increased efficiency also generally leads to higher energy consumption—known as Jevons Paradox https://t.co/Czg4IbNI9r
Under-appreciated approach to understanding the world: as a series of systems whose structure leads to system behaviours which lead to events. In the case of the politically charged atmosphere in the US right now, perhaps we should revisit Donella Meadows’ teachings from ~1992...
@QuantumG@SafeNotAnOption@sama@davidroodman Yeah he addresses this when he talks about the technical difficulty of injecting randomness into the factor model (your examples could be included as randomness in the labor factor) and his reasoning for sticking with a univariate model.