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David Clough
28 followers -
Always looking to Change My Worldview
Always looking to Change My Worldview

28 followers
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On Schell, Schelling, and Nuclear War
As a mathematical tool, game theory is useful for formalizing our intuitions so we can analyze them systematically. Game theory is most powerful, however, when it shows us that rigorous thinking can lead to counter-intuitive results. In this post I juxtapos...
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Alternatives to Growth? Platforms, Modularity and the Circular Economy
The following is an essay I submitted to the St. Gallen Symposium's ' Wings of Excellence ' Award; it was selected as a finalist for the award: The St.
Gallen Symposium Leaders of Tomorrow have posed the question, What are alternatives to economic growth? I...
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“X-Contingent Loans:” Valuable Innovation or Inevitable Temptation?
The path to hell is paved with good intentions. The best of intentions seem to lie behind a proposal by Montazerhodjat, Weinstock, and Lo that chronically sick people should be able to take out health-contingent loans to finance curative treatments instead ...
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Can Prospect Theory Explain High Start-up Valuations?
Human beings are not particularly good at thinking about probabilities. The last several decades of research in psychology and behavioral economics have unearthed an array of cognitive biases in how we reason about uncertain events. For example, we are pron...
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Let Them Eat (Micro)Chips: The Second Machine Age and the Spectre of Technological Unemployment
My summer reading included The Second Machine Age by Erik Brynjolfsson and Andrew McAfee, a book discussing the economic implications of present day technological trends. It is an excellent piece, which touches on several topics I have previously explored i...
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How Might the Tech Bubble Burst?
Tech company valuations are through the roof right now, and many people have been questioning whether we are presently living through a tech bubble . In this blog post I set to one side the thorny question of whether we are in a bubble or not. Instead, I go...
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Notes from the cutting room floor: "Google has mastered technology, but they need to better understand people"
I wrote the following paragraph on 3rd November, 2013, shortly after a big rise in Google's share price. I never got round to expanding it into a full post. This week the Google Glass developer program was put on hiatus so it seemed like an apt point to dig...
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The Essence of Innovation? When Needs and Solutions Meet
“Innovate!” is the imperative that today’s managers most often seem to hear. So often, in fact, that it’s easy to lose sight of what that actually means. “Innovate or die” and “Disrupt or be disrupted” have become the reigning slogans in tech circles. As Gi...
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The Meaning of the 21st Century by James Martin: Review part 1 - Humanity’s Greatest Challenges
“There’s a reason for the 21st century. Not too sure, but I know that it’s meant to be.” - The Red Hot Chili Peppers The work of James Martin was brought to my attention when I read his obituary after his passing on 24th June, 2013. One of the UK’s most inf...
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The Essence of Innovation? When Needs and Solutions Meet
“Innovate!” is the imperative that today’s managers most often seem to hear. So often, in fact, that it’s easy to lose sight of what that actually means. “Innovate or die” and “Disrupt or be disrupted” have become the reigning slogans in tech circles. As Gi...
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