I’m reading Kevin Kelly’s What Technology Wants which is quite good. It is a ‘book of the article’ type of book, but I like it nevertheless. Part Two and some of the chapters at the end are the best part of the book.
Copying from the top review on Amazon sets out the basic plot.
The central thesis of the book is that technology grows and evolves in much the same way as an autonomous, living organism.
The book draws many parallels between technical progress and biology, labeling technology as “evolution accelerated.” Kelly goes further and argues that neither evolution nor technological advance result from a random drift but instead have an inherent direction that makes some outcomes virtually inevitable. Examples of this inevitability include the eye, which evolved independently at least six times in different branches of the animal kingdom, and numerous instances of technical innovations or scientific discoveries being made almost simultaneously.
And thinking about regulation, as I often do I was struck by this passage on the exponential growth of information:
The quantity of scientific knowledge, as measured by the number of scientific papers published, has been doubling approximately every 15 years since 1900. If we measure simply the number of journals published, we find that they have been multiplying exponentially since the 1700s, when science began. Everything we manufacture produces an item and information about that item. Even when we create something that is information based to start with, it will generate yet more information about its own information. The long-term trend is simple: The information about and from a process will grow faster than the process itself. Thus, information will continue to grow faster than anything else we make.
Against this it doesn’t seem so strange that the volume of regulation seems to grow something like exponentially (see diagram above and the diagram on this page). Of course that’s a scary business, because no-one can possibly comprehend all the regulation that exists – and now they can’t really do it even in some special area – like tax law. Still, it has been this way for a long, long time. ‘The law’ was impossible for any one person to know at the time of federation. For each case is part of the law, and there were thousands of pages of law to know in 1901 on any subject – comprising the hundreds or thousands of cases in the area and all the statutes and regulation.
For a long time I’ve been suggesting that those scary graphs we see of mounting regulation – measured in the pages of new legislation and regulation are not an indication of regulatory Armageddon. They’re the natural result of our lives and in particular the world of information becoming more complex. The line I’ve used in presentations is that what’s happening with regulation – which resembles an exponential growth curve – is similar to the shape of the curve measuring the size of software packages – like Microsoft Word. They just get bigger and bigger over time representing an increase in functionality.
Now it would be easy to send up what I’ve just said, and say that the mounting volume of regulation measures it’s dysfunctionality. To some extent that’s probably right – but as the world gets more complex the interactions of government with that world must become more complex. If you’re regulating finance for instance as you must even with the most laissez faire system (because you must determine tax treatment) your regulatory system must comprehend the complexity of what is evolving before it.
In some ways I’d say this is one of the flaws in Hayek. He has a strong intuition of the increasing richness and complexity of the market, but thinks the division between government and the market can be reduced to immutable principles. Of course there’s some appeal in that, but it has its limitations. Although Hayek has attracted a strong following, his vision of the rules that should be imposed upon government rule making doesn’t seem to be coming into existence anywhere. Rather government, like lots of other things is ‘emergent’, and one’s political philosophy must somehow derive its vision of what should be, from some realistic understanding of what could be which is based upon a close understanding of what is and why.
And below the fold is a quote from Kelly’s book which has little to do with this post. I copied it from my Kindle to here and got the wrong quote! But it’s a good quote, so I’ll leave you with it. Over the fold. (Continued)