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Luke_A_Somers comments on What resources have increasing marginal utility? - Less Wrong Discussion

36 Post author: Qiaochu_Yuan 14 June 2014 03:43AM

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Comment author: Luke_A_Somers 15 June 2014 01:44:12AM *  9 points [-]

Multipurpose components, be they Lego, 80-20 pieces (the industrial version of Lego), electronics components, or disk space for a computer program - the number of things you can build from them grows rapidly as the number of them you have available increases, until you literally have more than you know what to do with.

Comment author: drethelin 16 June 2014 09:06:14PM 4 points [-]

Marginal utility per piece quickly hits diminishing returns

Comment author: Luke_A_Somers 18 June 2014 02:05:16AM 0 points [-]

Yes, obviously. I was pointing out that initial regime. I also pointed out the crossover point - when you don't have a purpose for the next piece.