Investing isnt gambling because if you had all the knowledge of the world, you could guarantee to “win” every single time. Its practically just predicting the future. While gambling, is pretty much a random event, some games may allow for some prediction (such as card counting), but casinos ussually thwart that by constantly introducing more randomness.
Thats the same analogous for selective breeding. You have some idea what could happen, because at the very least you know the offspring will a random selection of genes from their parents, but you can never predict which genes. But in genetic engineering, you know exactly what genes you’re targeting, and how and where those genes will be expressed.
Except perfect knowledge of the world isn’t possible and there is sufficient complexity in the systems that lead to stock value changing to make it effectively random luck whether any particular investment will pay off (you’ve invested heavily into office real estate; welcome to the global pandemic and the rise of remote work).
Selective breeding doesn’t care which genes are in play, it is outcome orientated. The result is the same, genes that don’t give the desired result are filtered out, genes leading to the desired result are promoted. The fact that you aren’t targeting specific genes doesn’t matter.
you’ve invested heavily into office real estate; welcome to the global pandemic and the rise of remote work).
Except youre also a big executive at your company and you tell all your peasants workers to go back to the office. And you collaborate with your rich friends to do the same and rake in all the cash.
But that doesnt change anything. Any amount of knowledge gives your a advantage because it reduces risk. A roulette table has the same amount of risk everytime because the previous spins has zero effect of the future.
Selective breeding doesn’t care which genes are in play, it is outcome orientated. The result is the same, genes that don’t give the desired result are filtered out, genes leading to the desired result are promoted.
Right… but it took humans ~5000 years to breed corn. Perhaps millions if not billions of iterations. And it was all random chance that the offsprings resulted with desirablity traits. There is a reason farmers dont grow apple trees by seed anymore. Noone can guarantee the offspring will produce quality apples, and it takes a decade to produce apples.
Now we’re quibbling over details, I never said it was a fast method of genetic engineering. It’s also not so much a matter of chance that the offspring has the desired traits, all that matters is that on average each generation is slightly better than the one before. That’s why it takes so long.
Investing isnt gambling because if you had all the knowledge of the world, you could guarantee to “win” every single time. Its practically just predicting the future. While gambling, is pretty much a random event, some games may allow for some prediction (such as card counting), but casinos ussually thwart that by constantly introducing more randomness.
Thats the same analogous for selective breeding. You have some idea what could happen, because at the very least you know the offspring will a random selection of genes from their parents, but you can never predict which genes. But in genetic engineering, you know exactly what genes you’re targeting, and how and where those genes will be expressed.
Except perfect knowledge of the world isn’t possible and there is sufficient complexity in the systems that lead to stock value changing to make it effectively random luck whether any particular investment will pay off (you’ve invested heavily into office real estate; welcome to the global pandemic and the rise of remote work).
Selective breeding doesn’t care which genes are in play, it is outcome orientated. The result is the same, genes that don’t give the desired result are filtered out, genes leading to the desired result are promoted. The fact that you aren’t targeting specific genes doesn’t matter.
Except youre also a big executive at your company and you tell all your peasants workers to go back to the office. And you collaborate with your rich friends to do the same and rake in all the cash.
But that doesnt change anything. Any amount of knowledge gives your a advantage because it reduces risk. A roulette table has the same amount of risk everytime because the previous spins has zero effect of the future.
Right… but it took humans ~5000 years to breed corn. Perhaps millions if not billions of iterations. And it was all random chance that the offsprings resulted with desirablity traits. There is a reason farmers dont grow apple trees by seed anymore. Noone can guarantee the offspring will produce quality apples, and it takes a decade to produce apples.
Now we’re quibbling over details, I never said it was a fast method of genetic engineering. It’s also not so much a matter of chance that the offspring has the desired traits, all that matters is that on average each generation is slightly better than the one before. That’s why it takes so long.