https://medium.com/incerto/the-most-intolerant-wins-the-dict...
https://medium.com/incerto/the-most-intolerant-wins-the-dict...
This is entirely rational, and reminds me of people who can’t understand why everyone doesn’t bike everywhere. It just reeks of solipsism.
I own a Tesla, and I have to tell you it’s a massive pain to own an EV and live in an apartment complex. It’s honestly frustrating to the point that I regret getting it. The performance is great, but the interior, significant price drop in the year I’ve owned it, and the constant anxiety about the battery has not made for a pleasant experience.
If I could go back I’d get a Mercedes S class that’s 5-7 years old.
I take your point though. There are still plenty of delivery trucks and personal autos, even in this biking paradise.
Imagine having a fridge that isn't cold enough for storing ice cream and frozen veggies.
And yes, none of my shoes are even remotely close to covering 95% of floors. Some are good for hiking, some are good for running, some are warm in the winter.
The issue is not the lack of 100% coverage. The issue is that there is no sufficiently appealing option for a large number of people to get access to the 5% of cases when you do need it. Apparently rentals and other sharing options aren't quite up to snuff, so everybody overprovisions like crazy.
It gets awful stressful awful quick when you have to deal with availability uncertainty and other things depend on it.
A car is just a fundamentally different product to a set of shoes. If cars ever get to the point where the cost of one is trivial for the average person, we'll probably see the kind of specialization you see in other cheaper products. Also note, we can see pressure in the opposite direction for phones. Phones have become more expensive as they become more general purpose.
His canonical example was "kosher food is acceptable to nearly everyone, and required by a small minority." Thus kosher takes over.
"EVs vs. ICEs" is nothing like that. EVs have been rejected by vast numbers of consumers because they find them impractical. That's all.
Which is a great example of how Taleb's "examples" are BS. Really, when Taleb goes into a grocery store, is all of the food kosher? Or even a majority? Kosher has not "taken over". It's a niche product.
Secondly, his examples were from the Middle East, where kosher food is indeed ubiquitous even for non-Jewish consumers. Because almost no one really objects to it.
Whereas US consumers really do object to EVs.
I didn't bring Taleb into the thread, adolph did.
> his examples were from the Middle East
Not the one in the article adolph referenced:
"The Kosher population represents less than three tenth of a percent of the residents of the United States. Yet, it appears that almost all drinks are Kosher."
This implies that some sort of considered effort has been made to produce these drinks as kosher. This is just paying some money to get the private certification and the license to put it on the can. In the context of a drink, the drink ingredients is almost certainly already kosher, so the certification is just saying: "there was no cross-contamination in the making of this product". Which isn't a special consideration made for kosherness.
If I told you that you could increase your TAM by a million people, and open new wholesale marketing opportunities for a onetime payment of ~$1000, you take the deal.
My analogy for the most intolerant wins is treating a decision-maker’s personal values as a population, one of which is “the most intolerant” and thus drives the decision because the others are indifferent to that quality.
There are a variety of aesthetic or prosaic values that might drive a decision for EV or ICE. A minority of those values will likely drive the decision since the majority will be satisfied by any number of options.
I guess you don't read the Wall Street Journal, or otherwise follow automotive news. I don't feel a need to provide links for you.
> the others are indifferent to that quality
No auto buyer is indifferent to the choice of EV vs ICE.
How is that a failure? Slow sales are occurring across the entire auto industry probably because people are broke/unemployed and dont want to spend the cash right now.
I don't read the WSJ, but I do understand numbers. This site seems to indicate that 4% of global new car sales were electric in 2020, and 18% are electric at the end of 2023. https://ourworldindata.org/electric-car-sales
What are you reading that would indicate that an industry segment that is up 450% in four years has "failed"?
You have made an extraordinary claim, and refuse to back it up in the face of compelling evidence.
The rate of growth is falling, but the overall sales trend is still up. Perhaps you are confused with the math, and the difference between rate of growth and growth?