Epsilon Theory Manifesto | Epsilon Theory
return = alpha + beta + epsilon
Narrative and Common Knowledge (CK) are the core concepts of Epsilon Theory. Narrative is "has no inherent notion of truthfulness and is simply a public representation of a set of public statements made by influential people about the world."
TK check with Tim Wu - The Master Switch for more details on narrative as a "post-modern idea" that "lacks any inherent Truth with a capital T." -BH
Another factor is the Constant Hot Take 🔥 culture.
Propoganda = former CK.
& CK is second-order consensus. "What you’re trying to figure out is the degree to which everyone believes that everyone else is relying on the original survey as an accurate view of the world..."
Sheep Logic | Epsilon Theory
Ben Hunt, Flock vs Pack