The problem, of course, is that much of the real world is *qualitative*, and the act of quantizing those qualia is a *very* lossy process. To quantize a qualitative question is to incinerate all the qualitative aspects and then do mathematics on the dubious quantitative ash that is left behind:
https://locusmag.com/feature/cory-doctorow-qualia/
In their paper, Farrell and Shalizi cite Ben Recht's maxim that "you can’t optimize a trade-off":
https://www.argmin.net/p/are-there-always-trade-offs
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