Re:Markets are efficient if and only if P=NP (2010)
by unishark on Wednesday October 21, 2020 @03:31AM
(#24845564)
I'd say startups are a much better example. But I didn't come here to argue politics, just asked for someone to describe their superior optimization process (math being my actual interest, so still waiting to hear it). I wouldn't describe "do what walmart did" as a particularly useful optimization strategy.
[ Parent
| on HN ]
Re:Markets are efficient if and only if P=NP (2010)
by klyrs on Wednesday October 21, 2020 @08:03AM
(#24846941)
> But I didn't come here to argue politics, just asked for someone to describe their superior optimization process
Look. I don't believe that P=NP. I can't describe a superior optimization process, and if I did, I would claim the Clay Math prize. I'm also not an economist.
My takeaway is that any simple strategy is almost certainly bad in the long term. You can optimize your own personal take, but in doing so, "the invisible hand" isn't going to somehow flip that into a benefit for all.