If we want to re-design economics based on what we know about life’s strategy to create conditions conducive to life, we need to question some basic assumptions upon which the narrative underlying our current economic systems is built. The narrative of separation has predisposed us to focus on scarcity, competition, and the short-term maximization of individual benefit as the basis on which to create an economic system. Life’s evolutionary story shows that systemic abundance can be unlocked through collaboratively structured symbiotic networks that optimize the whole system so human communities and the rest of life can thrive.Source: Life’s economy is primarily based on collaborative rather than competitive advantage
So what is “scaling”? In its most elemental form, it simply refers to how systems respond when their sizes change. What happens to cities or companies if their sizes are doubled? What happens to buildings, airplanes, economies, or animals if they are halved? Do cities that are twice as large have approximately twice as many roads and produce double the number of patents? Should the profits of a company twice the size of another company double? Does an animal that is half the mass of another animal require half as much food?Geoffrey West – Scaling: The surprising mathematics of life and civilization
You can’t escape Amazon in the digital economy. Now a trillion-dollar company, they have disrupted diverse sectors from retail to software development with a deftness and drive that’s admirable and alarming. They actually seem to be speeding up their rate of innovation as they scale, defying the Law of Large Companies that causes giants to get dragged down by their own girth.Scott Brinker – Want to innovate like Amazon? This is their formula
How do they manage that?
Some great insight into how Amazon is able to innovate at scale, especially in AWS. Provides some insight into answers to the questions I asked a couple of years ago in Companies and Superlinear Scaling. (Which I now need to revisit and expand)
Superlinear scaling in cities, which appears in sociological quantities such as economic productivity and creative output relative to urban population size, has been observed, but not been given a satisfactory theoretical explanation. Here we provide a network model for the superlinear relationship between population size and innovation found in cities, with a reasonable range for the exponentArbesman, Kleinberg, and Strogatz – Superlinear scaling for innovation in cities
From 2009, work related to what Geoffrey West discusses in his book Scale.
In other words, wicked problems are real world problems that acknowledge the complex interdependence of diverse factors and stakeholders, rather than simplistic, linear cause and effect abstractions that isolate the product of design from its context.
All models use a few simplifying assumptions, but those underpinning mainstream economics more often distort and detach from reality.
Roadmaps for change are thus mere hypotheses, in both journey and destination. They represent the aspirations, desires, and hopes of their creators while putting forward a step-by-step action plan for how these objectives might be achieved. Herein lies the essence of the Roadmap Fallacy: a tool originally developed to represent existing realities doesn’t work well as a mental model for creating new realities.Source: Innovating in Complexity (Part I): Why Most Roadmaps Lead Straight to the Graveyard