Just like a fine dinner of many very good dishes is better than only the ice cream you like the most.
Yes, but take for example companies. Companies are economic entities that resemble rational utility maximizer’s much better than humans. Most companies specialize on producing one product or a narrow set of products. How can this be explained given that companies are controlled by humans for humans? It seems that adopting profit maximization leads to specialization which leads to simplistic values.
A larger plethora of values can be of the greatest value.
The large plethora of values mainly seems to be a result of human culture, a meme complex that is the effect of a society of irrational agents. Evolution only equipped us with a few drives. Likewise does rational utility maximization not favor the treatment of rare diseases in cute kittens. Such values are only being pursued because of agents who do not subscribe to rational utility maximization.
Can you imagine a society of perfectly rational utility maximizer’s that, among other things, play World of Warcraft, lotteries and save frogs from being overrun by cars?
Just like a fine dinner of many very good dishes is better than only the ice cream you like the most.
Yes, but take for example companies. Companies are economic entities that resemble rational utility maximizer’s much better than humans. Most companies specialize on producing one product or a narrow set of products. How can this be explained given that companies are controlled by humans for humans? It seems that adopting profit maximization leads to specialization which leads to simplistic values.
Specialisation happens to bare humans too. Much the same thing happens with many species of ant.
It seems to have more to do with living in a large community.
I agree with you. In the most cases you are absolutely right.
I am just pointing out, that a specific situations CAN be constructed, where this general rule of yours does not hold.
But for the most (random) cases you are absolutely right.
Will we have dinner or just a lot of ice cream … we shall see that. An elaborated state of the art dinner of smells, tastes, colors … is possible. Instead of an ice cream glacier.
Yes, but take for example companies. Companies are economic entities that resemble rational utility maximizer’s much better than humans. Most companies specialize on producing one product or a narrow set of products. How can this be explained given that companies are controlled by humans for humans? It seems that adopting profit maximization leads to specialization which leads to simplistic values.
The large plethora of values mainly seems to be a result of human culture, a meme complex that is the effect of a society of irrational agents. Evolution only equipped us with a few drives. Likewise does rational utility maximization not favor the treatment of rare diseases in cute kittens. Such values are only being pursued because of agents who do not subscribe to rational utility maximization.
Can you imagine a society of perfectly rational utility maximizer’s that, among other things, play World of Warcraft, lotteries and save frogs from being overrun by cars?
Specialization doesn’t lead to simple values. You trade your extra goods for goods you don’t produce.
Also, since it’s easier to optimize for simpler values, we should expect to see better maximizers with simple than complex values.
Specialisation happens to bare humans too. Much the same thing happens with many species of ant.
It seems to have more to do with living in a large community.
I agree with you. In the most cases you are absolutely right.
I am just pointing out, that a specific situations CAN be constructed, where this general rule of yours does not hold.
But for the most (random) cases you are absolutely right.
Will we have dinner or just a lot of ice cream … we shall see that. An elaborated state of the art dinner of smells, tastes, colors … is possible. Instead of an ice cream glacier.