Re:You can fool some of the people, all of the time
by nickthemagicman on Thursday November 07, 2019 @01:43PM
(#21476005)
Very cool and interesting.
I'm sure you could apply to tech as well.
I.e. Micro services vs Monolithic services.
Thank you for clearing that up.
So they're no good. He touts the extreme federalism of Switzerland. Small, local governments which can only affect and are only responsible for their immediate constituent
Concentration of power => concentration of fail points => fragile to catastrophic events.
Distribution of power => distribution of fail points => majority of system will survive catastrophes.
Or, in VC speak:
single investment in single start-up => fund will not survive a failure.
Many small investments in many start-ups => 75% fail, 10% break even, 10% make 2-3x, 5% return 10x