I don’t have concrete data to back this up, but I’d expect the market for selling consumer goods is much more competitive than 100 years ago, given the rise of globalization, and increasing trade more generally.
Hmm so framed another way, I think the claim is that capitalism previously had created inner optimizers in individuals interested in “high quality craftsmanship,” but over time the alignment problem has been better solved with more optimization power and now individuals/companies are better optimized for selling goods. Does this sound like an accurate paraphrase of your position?
Does this sound like an accurate paraphrase of your position?
I’d say roughly, yes. However, I would interpret with caution the idea that there is a coherent objective function implied by the market that we have recently gotten better at solving.
I don’t have concrete data to back this up, but I’d expect the market for selling consumer goods is much more competitive than 100 years ago, given the rise of globalization, and increasing trade more generally.
Hmm so framed another way, I think the claim is that capitalism previously had created inner optimizers in individuals interested in “high quality craftsmanship,” but over time the alignment problem has been better solved with more optimization power and now individuals/companies are better optimized for selling goods. Does this sound like an accurate paraphrase of your position?
(FWIW it sounds pretty plausible to me)
I’d say roughly, yes. However, I would interpret with caution the idea that there is a coherent objective function implied by the market that we have recently gotten better at solving.