Indexed Notes by Topic
Domain Dependence
Example:
- Those that understand bacterial resistance and strengthening in biology, but fail to understand that revolutions feed on repression, that people are strengthened and hardened by being repressed.
Insights:
- Many people can understand concepts and ideas in one domain and fail to understand or recognize it in another (biology and finance for example).
- Humans often fail to recognize situations outside of the context with which they learn about them.
- The failure to translate wisdom or ideas across contexts can lead to fragility in the usefulness of those ideas.
- Due to domain dependence, we often forget that the knowledge or information we have about things may not translate into other real-world situations.
Halo Effect
Insights:
- We often make the mistake of thinking that skills observed in one domain are transferable in other fields or areas of life.
- It is not prudent to believe that skills in talking equate to skills in doing, it is therefore unfair and wrong to measure people by how good they are at talking.
Example:
- Believing that a good chess player would be good at strategy in real life.
Path Dependence
Insights:
- When things break there is an irreversibility of damage. Fragility arises from path dependence - taking actions to prevent fragility become irrelevant after something is broken - to be preventative they must be done before things break.
- People in business often miss the logical precedence of sustainability (survival) over success (profits).
- Efficiency by itself is meaningless.