Umair Haque / Bubblegeneration
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Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.


 
Thursday, July 14, 2005


Adverse Selection, Spam, ID, and Guns

A very nice piece that points out SenderID et al are textbook examples of adverse selection. One of the many reasons i don't have a lot of faith in naive id schemes - it's the guns problem redux: the problem with guns isn't that they kill people, it's that when they're legal, criminals end up being the most likely people to buy guns. So the argument that people can defend themselves better is specious.

Similarly, bad guys will always end up selecting themselves into schemes like SenderID, selecting good guys out of the market. So the argument that a locked-down world of total ID is less spammy (or, at the limit, what Intel and the gang are gonna start telling us soon, full of higher-quality content) is specious.

-- umair // 7:26 PM // 0 comments


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