Are there more places where instead of spending a lot of effort to get a high quality thing, you could just couple a high variance process with inherent value with strong filtering?

Are there more places where instead of spending a lot of effort to get a high quality thing, you could just couple a high variance process with inherent value with strong filtering

Sam Lipoff example: You have an American meat packing plant that pulls out the best-looking cuts of beef and sells them to the Japanese market at massive markup because they value how beef looks and Americans don’t.

Another example is creating computer chips - instead of needing to get every one perfect you make it cheap enough to make tons of them and then just pick out the ones that are perfect.

In a way, the American schooling system is sort of like this.

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