The problem with fast feedback loops is that they filter out long term signals. The problem with data driven decision making is that data is numeric, and the act of counting is necessarily an act of approximation, by which we erase the difference between objects or events in order to bucket them into a category so that they can be counted. So the kind of dashboards that modern managers demand, offer nothing but the most obvious, short term "insights", that you might as well eliminate the man in the middle and feed the data directly into a set of simple decision rules.

> The problem with data driven decision making is that data is numeric, and the act of counting is necessarily an act of approximation, by which we erase the difference between objects or events in order to bucket them into a category so that they can be counted.

Yes, this is exactly right. To put it another way: When we quantify something, we abstract away everything about that thing that is not quantifiable. So our thinking is only about a tiny aspect of that thing's existence.