There is research that suggests highly agreeable people do not do as well e.g. negotiation tactics. What is probably true is that is good to 'appear' agreeable. The same research suggests you are correct about the other 3 traits.
Those markets create pressure to ensure that real physical goods and useful services are priced accurately. Prediction “markets“ are in my estimation no different than roulette.
If you cross your eyes hard enough, you could claim that roulette gambling provides economic pressure to ensure that roulette wheels are balanced evenly. But when the roulette wheel is Vanah White’s dress color, what does that mean? Charitably, it’s a fun pass time. Through a dystopian lens, prediction markets pressure all public figures to play a kind of Keynsian Beauty Contest with their own behavior. Like social cooling for the celebrity/owning class.
With some product categories there are independent testing laboratories that do a fairly good job of determining quality. The automotive industry comes to mind.
It seems it's a revealed preference that most people really don't care that much about quality, or there would exist a host of companies like Consumer Reports to meet the demand. Complaining on social media about enshittification and evil corporations does not put skin in the game.
I myself constantly complain about the atrocious quality of most consumer software products, but I'm not sure how much I'd be willing to pay for a subscription to an independent testing report.
No, but EU should somehow mandate products and services that are built within EU and used within EU or elsewhere, should receive the benefit(s) in terms of taxation.
To give an (absurd) example; You work in country X, but the parent company is in country Y. Imagine your income tax is not going to where you reside but where you work, (usually the opposite) in this case, country Y. (~20-40% of the gross salary).
One day, your basic needs (electricity, water, etc) stops working. You call the relevant government department asking what's the problem. They reply with saying they do not know and cannot afford to figure our or fix because they do not have the money to do so.
But you've been paying at least 20% (and up to 46%) of your salary as the income tax. Where the money go? Why do you work here but someone else in the other side of the world getting that slice for free?
This is basically a full-time job for many senior engineers. It may as well be the job description. Thing is, most of these 'leaders' are not capable hiring competent engineers - as if they're capable of identifying competence. You do not want to end up at one of those organizations - but they are everywhere.
It's interesting to think Microsoft was around back then too, taking approximately 14 years to regain the loss of approximately 58% of their valuation.
In practice, it seems that politics generally takes precedence over problem solving. If you look into the psychology of it, neither politicians nor voters are really incentivized to solve big problems. This is especially true for big problems that will take more than an election cycle to solve.
It seems to me that it would be easy to support an argument that suggests more big problems could be solved if incentives were better aligned toward problem solving and if competent people, not professional politicians, were chosen to solve them.
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