Darwinian Evolution Fails Cost-Benefit Analysis

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Imagine what would happen if (1) many corporate executives started research departments, but only one department survived cost-cutting. (2) One of the working scientists in that department stumbled on an innovation with some promise, but none of the scientists survived the next round of layoffs. The innovation was discovered again by a new hire and this time (3) he had a lucky idea but was ignored by management because the idea yielded no profit. He, along with the other scientists, was let...

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Published on September 02, 2015 03:57
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