⛓️Charlie-Angie as intermediation chains for Scott-Vikash #263
hyunjimoon
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applying the intermediation chain concept, i'm constructing charlie, vikash, scott's world model. the more the chain participants communicate on their belief and incentive on meaningful language (algorithm/program/process), the easier it is to enhance quality of product collaboratively. currently my every prompt starts as below:
scott23🛠️_econ_idea_innov_ent.pdf vikash24🛠️_ scaleAI_understands_world_pp🗣️.txt based on above, ❤️🩹cvs world model are in: #262 (comment) |
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👓 Vision
I argue how Charlie and Angie can serve as an intermediation chain that bridges the gap between Scott's entrepreneurship theory and innovation ecosystem knowledge (
customer
) and Vikash's entrepreneurship practice and probabilistic programming expertise (technology
). This chain facilitates bidirectional knowledge transfer and integration of Bayesian entrepreneurship principles with scalable probabilistic programming platforms for world modeling and decision making in entrepreneurial contexts.🛠️ Toolbox
Using the process of constructing probabilistic world models for Bayesian entrepreneurship, we synthesize insights from Charlie's operational strategy, Vikash's probabilistic programming, and Scott's innovation ecosystem research. This toolbox includes:
🗄️ Table
🗣️ Language
We compare three situations of bilateral information asymmetry:
No Intermediary (🔴💜):
Imagine Scott explaining advanced innovation theories (test2choose1, low-high bar experiment) to a operational-minded programmer, while Vikash describes complex algorithms to a business theorist. Both are likely to either oversimplify or overwhelm, leading to misunderstandings and missed collaboration opportunities.
With Charlie (🔴⛓️💜):
Picture Charlie as a bilingual friend understanding both fields at a moderate level. When Scott explains a concept, Charlie gauges if it's basic (v_m < 1.5) or advanced (v_m ≥ 1.5), translating accordingly for Vikash, and vice versa. This "translation" reduces communication guesswork, improving knowledge transfer.
With Charlie and Angie (🔴⛓️🕸️💜):
Envision a relay race of understanding. Scott passes ideas to Charlie, who understands the business and ecosystem side deeply. Charlie then passes to Angie, who bridges both worlds. Angie explains to Vikash in terms he understands, and vice versa. This chain creates finer knowledge spectrum divisions, allowing more nuanced translation and integration of complex ideas from both fields.
🔢 Math
Definitions:
v_m: Level of knowledge about entrepreneurship theory and innovation ecosystem (customer)
v_t: Level of knowledge about entrepreneurship practice and probabilistic programming (technology)
pi: Price (or level of complexity) at which intermediary i presents information
Assumptions:
No Intermediary:
Both parties face max_p E[(v - p)1{v ≥ p}], leading to inefficient screening.
With Charlie:
Charlie partitions knowledge:
Reduces asymmetry: E[v|v ∈ [a,b]] = (a+b)/2
Further partitioning:
Each intermediary i chooses pi to max E[(v - pi)1{v ≥ pi}|v ∈ [ai, bi]]
As partition granularity increases, |bi - ai| decreases, reducing incentives for inefficient screening and improving knowledge transfer.
The chain progressively narrows information gaps, facilitating more efficient bidirectional knowledge transfer and integration of Bayesian entrepreneurship with probabilistic programming platforms in the context of innovation ecosystems.
Reference:
using the process of constructing probabilistic world model for bayes.ent cld, I synthesized product from charlie (🧬⚙️selling value chain tools as evolutionary entrepreneurship #100), vikash (🛠️selling probabilistic program to implement Entrepreneurship #224), scott (🧭🗺️selling entrepreneurial choice/map as Bayes.Entrep #234)'s teaching on
programming for entrepreneur / entrepreneurship program
.three scenario comparison follows Asymmetric Information and Intermediation Chains.pdf which Josh Lerner's recommended on resolving bilateral information asymmetry.
Action Items for Charlie and Angie
Given the demonstrated benefits of two intermediaries, here are the refined roles and action items:
Charlie's role:
Angie's role:
In this chain:
This bidirectional flow of information allows for more efficient knowledge transfer by:
By facilitating this bidirectional flow of information, the intermediation chain reduces the bilateral information asymmetry. It increases the likelihood of successful collaboration, potentially leading to a more effective integration of Bayesian entrepreneurship principles with scalable probabilistic programming platforms for world modeling and decision making in entrepreneurial contexts, all while considering the broader innovation ecosystem.
This approach aligns with the paper's principle of breaking down large information asymmetries into smaller, more manageable steps, while also incorporating the crucial aspect of innovation ecosystems in entrepreneurial decision-making.
Some concerns existed whether "translating theory into practical terms" may offend theorists but I disagree.
Theorists should feel less offended (if they are) by their output perceived as less practical.
Unit theorists' recognition of the noisiness+inefficiency of directly targeting "end customer" (practical implications in attached ⛓️value chain.png) will motivate them to gather evaluation from closer "customer" i.e. programmatic theorists.
This will fasten the flow of unit theory's revision or integration (hence my proposition to acculturate rejection sampling structure yesterday).
As clockspeed+NSS are examples of programmatic theory that came to my mind while reading Matt's paper which defines unit/programmatic theory and knowledge production chain which consists of abductive findings, empirical validation, unit theory, programmatic theory, business school curricula, practice implications
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