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Re:A vigilante trying to improve IoT security by jasonm23 on Wednesday April 26, 2017 @08:13PM (#14208162)
> Smiths invisible and myopic hand

I'm intrigued by this phrase, could you explain it please?

Re:A vigilante trying to improve IoT security by wtracy on Wednesday April 26, 2017 @11:02PM (#14208861)
https://en.m.wikipedia.org/wiki/Invisible_hand

Adam Smith used the phrase "invisible hand" to describe the way markets reward certain business ventures. The previous poster called the invisible hand "myopic" in reference to consumers being focused on cheap devices with features that immediately benefit themselves.

Re:A vigilante trying to improve IoT security by ska on Thursday April 27, 2017 @06:55AM (#14210556)
I mean by this that in practice markets perform a sort of local optimization algorithm that can take a long time to discover better local maxima.