Game theory became a big thing around the time of WWII and afterwards during the nuclear arms race.
However, Game Theory’s key assumptions are fundamentally poor assumptions for human societies.
Game Theory’s ubiquity ends up creating lack of trust throughout society. Another shitty side-effect is that people with Dark Triad personality traits such as psychopathy/lack of empathy, get ahead and get into even more influential positions.
This is inspired from (a great youtube clip from the Center for Humane Technology interviewing … about her book on …)[https://www.youtube.com/watch?v=r54-jjAKEuE].
Game Theory Key Assumptions
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The things we value are scarse.
- People who play according to game theory will win against others who are not playing optimal game theoretic strategies.
- This is also not true (it is only true)
- …
A great summarising quote:
“Selfish people will win against Altruistic people. But groups of Altruistic people will win against groups of Selfish people.”
Another great quote weas from some scientist who spoke about Jon Von Neumann and other proponents of Game Theory, saying: “They are brilliant people. No common sense though.” I.e., The brilliant mathematicians/theoreticians can come up with brilliant methamatical models, but they believe in their models too much, and they miss the obvious things that most people know to be true about human nature - e.g. altruism being good for human society, etc…