Reversible and irreversible decisions (2018)
fs.blog
fs.blog
In a perfect world we'd have a kind of quantum uncertainty, where we forked reality into two streams, and maintained two options until one or the other proved a safe passage. Quoting from Digital Vegan;
"Consider how the UK government let our drinking water reservoirs be
sold off for property development, believing that advanced JIT (just
in time) management technology, smart metering and so forth, would
dispense with them. Then climate change came. Reservoirs are like
power supply capacitors; they absorb as well as smooth out
supply. Now in the UK we have housing estates built on flood plains.
Rivers burst their banks with every downpour. Knocking down
thousands of peoples' houses to regain reservoir capacity is much
/harder/ than it was to sell the reservoirs to developers."
The transition from a reservoir to a housing estate looks like a net
gain in "order" (entropy reduction) because it seems to create value,
but considering the system as a whole (cost of losing infrastructure)
it increases disorder.Similarly our gushing project toward an "online cashless society" is playing with dangerous forces. It's a net destruction of wealth and order. It won't be cheap or quick to re-open shops, print and distribute cash, install ATMs and money handling facilities once the terrifying brittleness of a wholly digital economy becomes clear. Those imagining "Nothing can possibly go wrong with the all Bitcoin + Amazon society", haven't thought through the reality of what happens when tens of millions of people can't get food even though it's in a warehouse less than 100 miles from their house.
The system we are meant to migrate to is ai-managed technocracy, with global governance (country governments will be adminstrative - they are that now tbh), central Bank digital currency (programmable, temporary credits - no cash) to allow tracking of everything, 'smart/spy' everything (phones, electricity, water) to allow for micro control of each individuals resource use.
'Saving the planet from climate change' is narrative that is in use to get turkeys voting for Christmas.
People worked around it.
https://www.ft.com/content/b8bc4a7a-20c3-11e5-ab0f-6bb9974f2...
I'd imagine 1970s Ireland was a much different place, with tons of paper money all over the place. In 2022 Ireland I haven't touched physical money in months. If Visa/MasterCard or my bank stopped working I'd be faaaahkt.
Exactly. Perhaps that was the GP commeners point. Banks, phones and internet connectivity are not necessary for survival of economic life given a sufficient circulation of stable physical currency.
Gold and barter don't count because of agreement/coordination problems.
Cash money is not like any other sort of imaginary money. It exists. Physically. In the world. It has physical stability.
It therefore acts a buffer, more like a flywheel maintaining momentum and providing strong resilience to back up more ethereal transactional instruments.
Modern cash is also a highly advanced technology, using state of the art mathematics and materials science.
Contactless, and debit cards are fine things, for those who want them, but without actual cash as a foundation they're a deadly trap.
I am uttery aghast that supposedly "clever" economists and technologists seem not to grasp this simplest of concepts.
It's rather the opposite: if there were no such people, it would be the scariest thing to people. Because how can communism go? Wrong answers only.
This is not to suggest that the attrocities (at this point anyway) would be comparable, but that history is moving ahead.
Sorry about political angle, but due to my circumstances, I am very angry of what is happening, and I think these things cannot be repeated too many times.
Russia feels NATO expansion is too close to their doorstep, he warned many times and this is the outcome.
Obviously not condoning it, and it’s many millions of lives displaced and tens of thousands lost. Generations will be effected.
Russia using the excuse of nazis in Ukraine, and the need to free the Ukrainian people is a tall tail. Though there is a small amount of truth, of actual nazis existing in some of the armed forces of Ukraine [0]. But by no means justifies what’s been done.
[0] https://www.nbcnews.com/think/opinion/ukraine-has-nazi-probl...
Is this really "new"? It's like you never heard about Stalinism, or even earlier: Leninism. Starting from 1920 war Bolsheviks tried to invade Poland; they starved millions in Ukraine in holodomor ( https://en.wikipedia.org/wiki/Holodomor ), they backstabbed Poland in 1939 only to "free" it, just like they "freed" rest of Eastern Europe. Later they crushed the Czech uprising in 1956 ( https://en.wikipedia.org/wiki/Prague_Spring )...
Not to mention millions who died in gulags.
It's like history 101. High school level stuff. You really never heard about it earlier?
The cycle is described in the old cartoon: https://twitter.com/theeconomist/status/447387748748759040
So yes, I have been ignorant. Of which I am sorry. I may be late in the game, but let's put it out a loud: where are the russians living outside of russia that are protesting against russias war on Ukraine?
Russian imperialism goes much further back too, e.g. Partitions of Poland, colonization of Caucasus.
https://en.wikipedia.org/wiki/Partitions_of_Poland
Sadly, the way high school curricula are set up in many countries doesn't leave much time for 20th century history, so only a rough outline of post-war events is taught. As for more recent history, there has been almost no research (or even awareness) of Russian imperialism in Western academia until now (gee, wonder why)...
Still, I appreciate this concept and I think it's better to have the mental model than not.
Many things that you could bucket into "type 2" decisions which are not one-way doors, effectively are. For example, orgs that tend to never go back and fix technical debt means everything is a one-way door.
Further, design decisions that require substantial and growing effort once you go through the door .. are effectively one-way doors as well.
Maybe ZIRP era over staffed FAANG could afford to build and rebuilt, have multiple competing redundant systems to see who wins, etc.. but most tech orgs just don't work that way.
Decisions fall somewhere on the continuum from reversible to irreversible. You can tell where a decision lies on this spectrum by asking how much it would cost to undo. The higher the cost to undo, the more irreversible it is. The lower the cost, the more reversible it is.
Bezos considers 70% certainty as the cut-off point where it is appropriate to make a decision. That means acting once we have 70% of the required information, instead of waiting longer.If it turns out to be the wrong direction you can course correct then.
This really helps if not everyone on a team is convinced that it's the right decision: they can commit to it knowing that there will be a chance to change direction pretty soon if it turns out not to work.
The fundamental issue is more just taking the possiblity of error and failure of strategy into account. Hence, having a rollback strategy in place beforehand is wise. This post discusses a few basic recovery strategies plus more complicated ones:
https://aws.amazon.com/blogs/database/rolling-back-from-a-mi...
Bezos is likely well aware that the real world is always more complex than two simple choices, but that's too much information for a sales-confidence pitch to shareholders, I imagine.
The culture divide make so many variables moot/invalid, since lifestyle, language and customs may not even associate with any of the variables (one-way/two-way doors for example).
As an individual, its easy to simplify. As someone trying to explain something, its easy to oversimplify, missing any/all of the details, experience and even the accumulated wisdom in basing the decision(s).
Reversible/irreversible is not usually a carrot on a stick. Even with health, detrimental/beneficial usually has more merit than any cost weighted variables (you can never buy your health back).
2=1+1 has worked just fine in traditional science for centuries. The (2) is usually unique though.
All that to say.... This article did nothing for me :)
The summary sounded like a rash judgement.
Is A/B/C testing reversible, irreversable or a tool for clarity in goal making decisions? The article appeared to be 1 dimensional.
I was fortunate enough to have a website that crested into the top 800,000 websites years ago (a solo endeavor)... And backups made every decision reversible, if that was even a thing. I did have to commit to goals though and not once was anything irreversable.
The 1st world still bases decisions on the best data available.
But often you just have to try a product to find out if it works for you. In that case it can help to think about what risk there is in just buying something that seems ok.
If you can return it easily, or if it doesn't lose much value in using and you can sell it used for 90% of the new price then there's no real downside to just making a quick decision.
Detailed analysis is only really worth it for more 'irreversible' purchases where it's either a big hassle to undo the purchase (buying a house) or there's a large cost (cars lose value quickly).
In my experience, unless you’re spending a lot of time and effort selling, 50-60% is the best you can hope for most of the time.
It's extremely rare for decisions to be as binary as one-way or two-way, but there's always a point on the sliding scale of cost to change later.