fancy writing for desperation breeding innovation.
Super interesting cognitive bias from Kanneman's work: When all the options are good, people are risk-averse. When all the options are bad, people are **risk-seeking**. It's when people are backed into tough situations that so much value ends up being created (pivots, etc.)
-
-
-
Describing the mechanism. Desperation breeds innovation because people become irrationally risk-seeking.
- Još 1 odgovor
Novi razgovor -
-
-
How is this bias labelled already?
-
Prospect theory
Kraj razgovora
Novi razgovor -
-
-
Maybe if a lot of people in an area are taking risks, it reduces the overall risk. Easier to find the next thing, failure stigma reduced, etc.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
-
-
-
Or is it just something coming out of prosect theory / disproportionate aversion to loss
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
-
-
-
Isn’t his book TFS so amazing! It’s like a cheat sheet for working my psychology.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
-
-
-
Makes sense though. If you’ve hit the wall, the stakes are too low for you to lose more but the opportunity on the upside is essentially limitless!
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
-
-
-
"There is an entrepreneurial risk culture in the Valley that it is as a key of a reason why Silicon Valley exists." - Steve Jobs, 1994
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
-
-
-
In a poker tournament, when you have few chips left, it's rational to take *more* risks. "When you ain't got nothin', you got nothin' to lose."
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
-
Čini se da učitavanje traje već neko vrijeme.
Twitter je možda preopterećen ili ima kratkotrajnih poteškoća u radu. Pokušajte ponovno ili potražite dodatne informacije u odjeljku Status Twittera.