{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Curiosity Chronicle","title":"Jevons Paradox: The Perils of Efficiency","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/7f98c80e\"></iframe>","width":"100%","height":180,"duration":485,"description":"In 1865, English economist William Stanley Jevons studied the impact of the increased efficiency of coal use.\nThe common economic intuition said that as efficiency improved, people would use less coal. Jevons argued that the economic reality was different: As technology improved the efficiency of coal use, demand for coal would increase as people created and justified new uses.\nIt became known as Jevons Paradox: technological improvements that increase the efficiency of a given resource lead to a rise in the consumption of that resource.\nI think the most interesting application of Jevons Paradox is in your life. \nWhen you optimize for efficiency, you may find yourself doing more, not less, of the thing you tried to become more efficient at.\nIn this piece, I share a simple reminder:\nEfficiency is great. But only when it gets you more of what you actually want...\n•••\nThis episode brought to you by:\nDeleteMe - DeleteMe makes it quick, easy, and safe to remove your personal data online. \nOrigin Financial - Your personal AI Financial Advisor. Track your spending, investments, and net worth—all in one place.\nInnerbody Labs - A Higher Standard. After reviewing thousands of health products, we built formulas we wished existed.\nLemon - The Al agent that turns your voice instructions into finished tasks.","thumbnail_url":"https://img.transistorcdn.com/4nO1oo__jWE5MpZsRfwEO_6q4py16kwv8WwJybce4FA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzMxOTcwLzE2NzEx/MzU5MDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}