We are prone to blame decision makers for good decisions that worked out badly and to give them little credit for successful moves that appear obvious only after the fact.
Daniel Kahneman
'Thinking fast and slow'
Reflexiones y lecturas sobre tecnología, economía, empresa y sociedad en un mundo digital
We are prone to blame decision makers for good decisions that worked out badly and to give them little credit for successful moves that appear obvious only after the fact.
planning fallacy [] describe plans and forecastas that:
- are unrealistically close to best-case scenarios
- could be improved by consulting the statistics of similar cases
A charasteristic of unbiased predictions is that they permit the prediction of rare or extreme events only when the information is very good. If you expect your predictions to be of modest validity, you will never guess an outcome that is either rare or far from the mean.
the rational venture capitalist knows that even the most promising start-ups have only a moderate chance of success. She views her job as picking the most promising bets from the bets that are available.
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The goal of venture capitalists is to call the extreme cases correctly, even at the cost of overestimating the prospects of many other ventures.
The idea of mental energy is more than a metaphor. The nervous system consumes more glucose than most other parts of the body and effortful mental activity appears to be especially expensive in the currency of glucose. When you are actively involved in difficult cognitive reasoning or engaged in a task that requires self-control, your blood glucose level drops.
Molécula de glucosa |
CEOs do influence performance, but the effects are much smaller than a reading of the business press suggests.
Stories of how businesses rise and fall strike a chord with readers by offering what the human mind needs: a simple message of triumph and failure that identifies clear causes and ignores determinative power of luck and the inevitability of regression.
A very generous estimate of the correlation between the success of the firm and the quality of the CEO might be as high as 0.30, indicating 30% overlap. [...] A correlation of 0.30 implies that you would find the stronger CEO leading the stronger firm in about 60% of the pairs - an improvement of a mere 10 percentage point over random guessing
The feedback yo which life exposes us is perverse. Because we tend to be nice to other people when they please us and nasty when they do not, we area statistically punished for being nice and rewarded for being nasty.
As long as the people who actually do whatever it is that can't be automated are paid for what they do, an honest human economy will persist.
A world in which more and more is monetized instead of less and less, could lead to a middle-class oriented information economy, in which information is free, but is affordable.
In a humanistic information economy, as people age, they will collect royalties on value they brought into the world when they were younger.
We must not allow technological change to be driven by a philosophy in which people aren´t held special.
Intelligence is not only the ability to reason; it is also the ability to find relevant material in memory and to deploy attention when needed.
There can never be enough police to shut down activities that align with economic motives.
We must not allow technological change to be driven by a philosophy in which people aren't held to be special.
The death of Facebook must be an option if it is to be a company at all. Therefore your online identity should not be fundamentally grounded in Facebook or something similar.
The most precious and protected data, given the way we are doing things these days, are statistical correlations that are used by algorithms but are rarely seen and understood by people.
There are two versions of you on Facebook: the one you obsessively tend, and the hidden, deepest secret in the world, which is the data about you that is used to sell access to you to third parties.