I mean, I agree that Coca Cola engages in marketing practices that try to fabricate associations that are not particularly truth-oriented, but that’s very different from the thing with Theranos.
I model Coca Cola mostly as damaging for my health, and model its short-term positive performance effects to be basically fully mediated via caffeine, but I still think it’s providing me value above and beyond those those benefits, and outweighing the costs in certain situations.
Theranos seems highly disanalogous, since I think almost no one who knew the actual extend of Theranos’ capabilities, and had accurate beliefs about its technologies, would give money to them. I have pretty confident bounds on the effects of coca-cola, and still decide to sometimes give them my money, and would be really highly surprised if there turns out to be a fact about coke that its internal executives are aware of (even subconsciously) that would drastically change that assessment for me, and it doesn’t seem like that’s what you are arguing for.
I mean, I agree that Coca Cola engages in marketing practices that try to fabricate associations that are not particularly truth-oriented, but that’s very different from the thing with Theranos.
I model Coca Cola mostly as damaging for my health, and model its short-term positive performance effects to be basically fully mediated via caffeine, but I still think it’s providing me value above and beyond those those benefits, and outweighing the costs in certain situations.
Theranos seems highly disanalogous, since I think almost no one who knew the actual extend of Theranos’ capabilities, and had accurate beliefs about its technologies, would give money to them. I have pretty confident bounds on the effects of coca-cola, and still decide to sometimes give them my money, and would be really highly surprised if there turns out to be a fact about coke that its internal executives are aware of (even subconsciously) that would drastically change that assessment for me, and it doesn’t seem like that’s what you are arguing for.