# Packy McCormick - Intelligence Superabundance (Highlights) ![rw-book-cover|256](https://substackcdn.com/image/fetch/w_1200,h_600,c_limit,f_jpg,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6563fedd-e021-40f9-a594-50a4ff622185_1200x600.png) ## Metadata **Review**:: [readwise.io](https://readwise.io/bookreview/26644699) **Source**:: #from/readwise **Zettel**:: #zettel/fleeting **Status**:: #x **Authors**:: [[Packy McCormick]] **Full Title**:: Intelligence Superabundance **Category**:: #articles #readwise/articles **Category Icon**:: 📰 **URL**:: [www.notboring.co](https://www.notboring.co/p/intelligence-superabundance) **Host**:: [[www.notboring.co]] **Highlighted**:: [[2023-04-20]] **Created**:: [[2023-04-22]] ## Highlights - Here’s a simple definition: induced demand occurs when an increase in the supply or capacity of a good, service, or resource leads to an increase in its consumption. Supply begets demand. ([View Highlight](https://read.readwise.io/read/01gyeex0typat39tvnhczsby8g)) ^512050100 Traffic is the canonical, super frustrating example. - **Jevons Paradox**, named after economist William Stanley Jevons who first noticed it in his 1856 book *The Coal Question*, states that when something becomes more efficient, people consume more of it. Jevons observed that when the steam engine became more efficient, when it could do more using less coal, coal consumption actually *increased*. People didn’t just use steam engines to do the same things more cheaply; they started using the steam engine to do more things. ([View Highlight](https://read.readwise.io/read/01gyeey1ngndnxa38p0xhkw5st)) ^512050124