All models are wrong but some are useful; the key skill is not finding the perfectly accurate model but finding the model with the right level of abstraction for the decision at hand and being able to assess whether you had enough information to make a good choice.

definitionpending

Speaker

Tobi Lütke

Evidence Quote

all models I use are wrong but some are useful [1:13:17]

Source

Tobi Lütke: Empowering a World of Rebels | Knowledge Project PodcastThe Knowledge Project Podcast
Created: 8/11/2026, 1:11:36 AM

My Notes

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