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Philip Sugar's avatar

There are three forms of knowledge:

1. Knowing the question and being able to come up with the correct answer. Standardized tests measure this. The FAA Pilots License Test and the FCC Amateur Radio License Test have a finite list of questions each with a correct answer. Google will beat a human every time.

2. Being able to take the knowledge that you've learned and apply it to a question you haven't seen. AI is becoming good at this. Certainly not perfect.

3. Coming up with the question. This is what entrepreneurs do and what professors foster when going down "rabbit holes"

Boris's avatar

Charlie Munger’s point about the “balkanization” of academia comes to mind here. I wonder whether some of what we call expertise is not just a response to real complexity but also an institutional outcome. Academia law and medicine tend to reward narrower and narrower specialization, sometimes faster than the underlying knowledge base actually fragments. If so, that may help explain your point that expertise can be overvalued relative to wisdom. because wisdom often depends on synthesis across domains, and synthesis is usually less legible and less rewarded than narrow technical mastery.

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