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Diminishing Marginal Returns and Entropy.
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Diminishing Marginal Returns and Entropy.

Richard Merrick's avatar
Richard Merrick
Jun 07, 2019
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Outside the Walls
Outside the Walls
Diminishing Marginal Returns and Entropy.
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A long established principle of classical economics. The more we develop something, and the better we get a it, the smaller the benefit of each incremental improvement becomes over time. I really love my latest iPhone, but it hasn't changed my life the way the first one did. There are now more apps than I can count, but very few do something remarkable.

I am more efficient at what I do than ever before at what I do, but the challenge is that what I do is not as exciting to me as it was when I first set out.

It can be insidious. We progress more slowly, until we end up at a standstill without noticing.

Entropy.

Tomorrow is not there just to have a chance to be better at what I do today, it offers the prospect of noticing things that I won't notice today.

At any one point I have a choice. To remain secure in what I know, and use it to advance in areas I understand; or to step into areas I don't understand in the anticipation of finding something new and worthwhile that doesn't just make be b…

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