Cognitive Biases in Times of Uncertainty →
We live in a world of increasing pressure and uncertainty, driven in large part by digital technology infrastructures. These marvelous infrastructures bring us unprecedented connectivity and opportunities to better ourselves.
That is a core paradox of our life in the 21st century: our new infrastructures create both opportunity and pressure. The pressure comes from intensifying competition as people previously marginalized in our global economy master these infrastructures and compete for jobs and markets that were previously secure franchises. More importantly, the pressure also comes as those in the core of our economy cling to practices and institutions that were designed for another world and struggle to remain successful in a world that requires new practices and institutions. The turmoil we see around the world today is a vivid illustration of this paradox.
