Saurabh

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As Laurence J. Peter saw it, the insidious Peter Principle arises in corporations because of “the first commandment of hierarchical life: the hierarchy must be preserved.” TCP, in contrast, teaches the virtues of flexibility. Companies speak of “flat” hierarchies and “tall” hierarchies, but they might consider speaking of dynamic ones. Under an AIMD system, no one is long anxious about being overtaxed, nor long resentful about a missed promotion; both are temporary and frequent correctives, and the system hovers near its equilibrium despite everything changing all the time. Perhaps one day ...more
Algorithms to Live By: The Computer Science of Human Decisions
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