Reddit reviews How to Measure Anything: Finding the Value of Intangibles in Business

As someone who understands the tech side well (computer science, complex adaptive systems, and robotics background) and the economics side poorly, I still disagree with the economist in this video.

I really do think this time automation is different. Eventually, every basic human need will be completely automated. Many typically "thinking" jobs will be automated such as the financial, design, and marketing industries. Researchers have already developed algorithms to "repair" minor problems in software, make art that people find enjoyable, and engineer structures.

People truly underestimate how much better a computer is at many tasks. They aren't just faster - they are unbiased, objective thinkers. People think that they can't figure out certain "unmeasurable" things, but we know that's not true: How to Measure Anything

We can't predict how humanity will respond well enough, but I don't think most people understand the scale to which computers are already impacting their lives, let alone how they will in the near future.

My personal prediction is this will be countered by a shrinking population, increased standard of living (eventually), and increased demand on nonessentials like the arts.

Yes, I'm not 100% positive that it'll do well there--but /r/estimation generally follows the How To Measure Anything school of metrics: They won't be deterred by anything so trivial as reputable, extant statistics in wide disagreement.

Also, the detail you went into is kinda /r/estimation-ish, itself.

> No one knows how to value bitcoin.

Seriously? You might want to check out this book.