The Pareto principle (80/20) rule states that 20% of the input is responsible for 80% of the outcome.
This ratio is present in life & the universe. It’s found throughout business, economics and natural systems.
Examples can be found in forest ecosystems, supply chains, genetic evolution, brain neural activity, astrophysics, seismic activity & biodiversity.
Using this principle, one can deduce that 80% of time & effort contributes to 20% of the outcome.
With time and effort scarce one would like to delegate to technology and automate the clerical & mechanical process of searching, calculating, plotting & transforming data so one can focus more effort towards activities that require intellectual capability.
AI & #Bitcoin might not change the 80/20 Pareto principle, but it will definitely improve the efficiency & productivity of that 80% effort and drastically improve the quality of that 20% output.
/ A Bitcoin Guy
npub1lx…4mj3y
2024-10-05 09:02:29
Author Public Key
npub1lx7g09e0yxemuw9cu9u4u2kvy34fpj5t0swztkxrw26pq836fftsw4mj3yPublished at
2024-10-05 09:02:29Event JSON
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"content": "The Pareto principle (80/20) rule states that 20% of the input is responsible for 80% of the outcome. \nThis ratio is present in life \u0026 the universe. It’s found throughout business, economics and natural systems.\n\nExamples can be found in forest ecosystems, supply chains, genetic evolution, brain neural activity, astrophysics, seismic activity \u0026 biodiversity.\n\nUsing this principle, one can deduce that 80% of time \u0026 effort contributes to 20% of the outcome.\n\nWith time and effort scarce one would like to delegate to technology and automate the clerical \u0026 mechanical process of searching, calculating, plotting \u0026 transforming data so one can focus more effort towards activities that require intellectual capability.\n\nAI \u0026 #Bitcoin might not change the 80/20 Pareto principle, but it will definitely improve the efficiency \u0026 productivity of that 80% effort and drastically improve the quality of that 20% output.",
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}