This week Ray and Jock are joined by consultant and software engineer Tim Meadowcroft to talk about tacit knowledge, why startups can shake themselves apart as they grow, and how physicists and computer scientists gamed roulette in Las Vegas.

https://www.youtube.com/watch?v=bmCdTdEuA_s

In this episode

0:00 Opening titles0:14 Intro to Tim1:44 Polanyi and tacit knowledge2:41 The Knowledge Creating Company5:33 Who's the person to speak to about …?6:53 When knowledge walks out of your business9:23 Real-life knowledge in your code12:00 Why copying your competitors doesn't work12:55 It's easier to show rather than tell15:30 A better way to induct staff17:33 An efficient process doesn't like change21:16 Valve Software's famed lack of hierarchy23:13 Survivorship bias and Derren Brown26:32 Where are the bullet holes?27:23 Cargo cults29:52 Seeing patterns in slot machines31:14 The Newtonian Casino34:01 Closing credits

Other books mentioned

The Tacit Dimension - Michael Polanyi - https://amzn.to/3f9V0qrThe Knowledge-Creating Company - Ikujiro Nonaka and Hiro Takeuchi - https://amzn.to/34dwmyEThe Newtonian Casino - Thomas A. Bass - https://amzn.to/3vhRj7Q

Note that these are Amazon affiliate links, meaning we would earn a small commission on any purchases you make.

You can watch Derren Brown's The System here:

https://www.youtube.com/watch?v=9R5OWh7luL4

About The Pig Wrestlers

Recorded on 23 April 2021Music: Crazy Glue (Instrumental Version) by Josh Woodward (CC-BY 4.0)