If a beach falls on private property, and no one is around to sunbathe, does it really make a splash?
Dror Poleg pens a great essay on a contrarian few of the Tragedy of the Commons, dipping into artificial intelligence and a sun-drenched beach.
Enjoy!
- Dror Poleg introduces the concept of the "tragedy of the uncommon," which contrasts with the well-known "tragedy of the commons," highlighting how restricted use of a resource can lead to its underutilization and a sub-optimal outcome.
- Using Long Island's private beaches as an example, Poleg shows how exclusivity can be unattractive and limit the potential value of a location due to lack of amenities, restaurants, and poor integration with transportation systems.
- He contrasts this with Israel's public beaches, which, despite being accessible to everyone, offer a vibrant atmosphere, great food, and better connectivity, supported by a variety of businesses that increase overall wealth.
- The phenomenon extends beyond physical resources to intellectual property. For instance, in the realm of artificial intelligence (AI), there's a contrast between proprietary and open-source approaches, with the latter fostering more experimentation and integration with other services.
- Poleg concludes that under-utilization should be as concerning as over-utilization. He advocates for a balance between public and private access, embracing openness, and questioning the status quo to realize the full potential of resources, which can lead to greater societal benefit and prosperity.
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