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knb comments on Open thread, Nov. 09 - Nov. 15, 2015 - Less Wrong
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Only from the central-planning point of view.
In a fluid and dynamic system the fact that something was useful a couple of years ago does not mean that it's still useful now. Your "waste of resources" is re-confirmation that X is still useful and can draw people, otherwise it's deadwood and should be discarded to die in a fire.