[1]: https://freetradersoftware.com/pages/The_Tragedy_of_The_New_...
The tragedy of the new world is a cycle where a group of smart, resource people start a platform that solves some glaring problems. The platform works beautifully and a thriving community of smart, resourceful people come in gathers. More problems arise and are squashed like a game of Whac-A-Mole. Eventually the founders lose their inspiration, quit, retire or die. The remaining members, now of much increased size and diluted merit, cling to processes left behind. As time passes these processes devolve into tradition, ritual, or meme. Due to some unforeseeable change in the structure of the original problem, the rituals stop working. For as long as possible, the members (of much increased size and diluted merit) continue to attempt shoving a square problem through a round process. Eventually a new body of leaders, also of much increased size and diluted merit, come up with a high dimensional hyper plane process to solve the problem. High dimensional hyper planes are impossible for humans to visualize so most don’t understand why the square problem doesn’t fit. After much scratching of heads, the platform dies as people leave to dilute the merit of the new world.