From The Black Swan:
“It is one thing to be cosmetically defiant of authority by wearing unconventional clothes – what social scientists and economists call ‘cheap signalling’ – and another to prove willingness to translate belief into action.”
Struck a chord for a couple of reasons.
- a lot of cheap signals (e.g. bookmarks in delicious) seem to create value when aggregated
- one of the things that frustrates me online is reading posts that are “more of the same” – cheap signals I suppose, which I’m as guilty as the next person of sending.
Ho hum.