In this post, we will explore capital (in)efficiency and why the current preoccupation with developer productivity (and efficiency overall) is a symptom of something else. We will discuss layoffs, trust, personal identity, and interest rates. It’s going to get heavy.
I've followed you for...I think a decade now, John. You've never *not* been insightful. The inner workings of the sausage factory. It's literally priceless, as from my own experiences, 98% of people don't or can't understand this level of granularity. How the sausage factory now fits in with the post free money era?
This is going to define every company for the foreseeable future. Free money replaced strategy. Strategy is now back in the house. People paid to think will now actually have to think.
It's a beautiful....thing. Bravo, sir!
(I found competing in a world of free money personally repugnant...)
This was a great post, John, but what actually made me laugh and brightened up my Monday morning was the line and have "been around for a while and have lots of gray hair."
low interest rates lead to suboptimal / not-relevant-to-reality capital allocations? that's the song the Austrian economists have been signing for decades now.
Central bankers are liars of last resort. An empire built on lies cannot last.
Great post, John. I loved the ‘you can’t unsee this’ bit. It hits the right spot. Capital inefficiency is in full bloom across economies countries and industries. It's become almost tangible. The difficult part is that the people who are fortunately or unfortunately left to make it all good again need to first accept the problem. As you said, call the kettle black. If we continue to disguise the inefficiencies as something else, we are going to make it worse. Acceptance is the first step towards a solution. Love the idea of the post and how it connects the entire loop. Can you talk about the feedback loop more sometimes in other posts? Thank you.
I've always wondered how do we make the systems thinking hat fit better, or at least be a hat that's not unknown. To get really fundamental, Peter Senge in the Fifth Discipline talks about how spoken languages (all the ones that I can think of at least) are linear, Most systems are not linear so that makes the hat hard to wear from the beginning. Can we sketch systems out without using , yes we can, and most people would know what a balancing and reinforcing feedback loop is if you showed it to them, but to think about a problem from a systems perspective? that I don't know.
I've followed you for...I think a decade now, John. You've never *not* been insightful. The inner workings of the sausage factory. It's literally priceless, as from my own experiences, 98% of people don't or can't understand this level of granularity. How the sausage factory now fits in with the post free money era?
This is going to define every company for the foreseeable future. Free money replaced strategy. Strategy is now back in the house. People paid to think will now actually have to think.
It's a beautiful....thing. Bravo, sir!
(I found competing in a world of free money personally repugnant...)
This was a great post, John, but what actually made me laugh and brightened up my Monday morning was the line and have "been around for a while and have lots of gray hair."
low interest rates lead to suboptimal / not-relevant-to-reality capital allocations? that's the song the Austrian economists have been signing for decades now.
Central bankers are liars of last resort. An empire built on lies cannot last.
Great post, John. I loved the ‘you can’t unsee this’ bit. It hits the right spot. Capital inefficiency is in full bloom across economies countries and industries. It's become almost tangible. The difficult part is that the people who are fortunately or unfortunately left to make it all good again need to first accept the problem. As you said, call the kettle black. If we continue to disguise the inefficiencies as something else, we are going to make it worse. Acceptance is the first step towards a solution. Love the idea of the post and how it connects the entire loop. Can you talk about the feedback loop more sometimes in other posts? Thank you.
I've always wondered how do we make the systems thinking hat fit better, or at least be a hat that's not unknown. To get really fundamental, Peter Senge in the Fifth Discipline talks about how spoken languages (all the ones that I can think of at least) are linear, Most systems are not linear so that makes the hat hard to wear from the beginning. Can we sketch systems out without using , yes we can, and most people would know what a balancing and reinforcing feedback loop is if you showed it to them, but to think about a problem from a systems perspective? that I don't know.
Typo at "feedback looks" when it should be "feedback loops"?