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The framing effect is a cognitive bias where people decide on options based on whether the options are presented with positive or negative connotations; e.g. as a loss or as a gain. People tend to avoid risk when a positive frame is presented but seek risks when a negative frame is presented. Gain and loss are defined in the scenario as descriptions of outcomes (e.g., lives lost or saved, disease patients treated and not treated, etc.).

Framing Effect (Psychology) - Wikipedia

You are the average of the five people around you Summary: "I hope Mark went to the bathroom before this because we are going to meet the record like, art de yo, we will go both red and depth first," he says. "It's a fundamental human instinct because everybody, you know, very few people can go through life alone ... You need some sort of support network." He adds: "If they, if you don't have anybody around you who shares your interests, or has the same drives that you do, you'll have a very hard time sustaining it" Transcript: Speaker 1 Yeah, so this was my fourth topic, which you cruelly, you can cut my screen. Speaker 3 I know I feel like we totally lost track of like, how do we country and then you just started like going depth first as opposed to like actually tackling the actual... Speaker 2 Look, I will come back next to the next statement and biology go eight hours, okay? So I hope Mark went to the bathroom before this because we are going to meet the record like, art de yo, we will go both red and depth first. Eight hours and one minute. All right, it's been a new challenge. Speaker 1 So, yeah, look, this is gonna be the thing I was gonna say. Like, look, there's a part of being creative that is individual effort and is individual effort to learn and is individual effort to try to actually create something. And then there's a big part of it. It's like, what is your personal social network? Like, who are your friends? And there's an old adage that is absolutely true, which is basically any individual over time, you basically become the average of the five people you spend the most time with. You know, you zero in, you adapt. And it's a fundamental human instinct because everybody, you know, very few people can go through life alone. You need some sort of support network. Your support network has a value system and they have things they care about and things they're interested in and you will tend to care about and be more interested in those things. And if they, if you don't have anybody around you who shares your interests, right, or has the same drives that you do, you'll have a very hard time sustaining it.

Marc Andreessen on Elon Musk, Good Startup Ideas, How to Have the Courage to Think Independently and Finding a Co-Founder

Aarthi and Sriram's Good Time Show

Cryptocurrency Blockchain Web Three Is Following This Exact Trajectories Key takeaways: • Morrison derives a threestep process for how new technologies are received by the status quo. • Stage one is just ignoring the technology, while stage two is engaging in rational counter arguments. • Stage three is when the name calling begins, with opponents accusing the technology of being bad for society. Transcript: Speaker 1 And so Morrison basically derives, he goes through this example, and he derives basically this three-part process that he says applies to any new technology. Basically, as it is as it is greeted and fought by the status quo, by the powers it be. And he says, basically, it's a three-step process. The step one is just completely ignore it. Like, so just pretend it doesn't exist, refuse to acknowledge it, don't talk about it, don't even engage in conversations like we're just not going to do this. At some point though, at some point, these things become too obvious and they have to engage, he said step two is rational counter argument, right? So, and rational counter argument is this can't possibly work because it's going to be too expensive, it's not going to be fast enough, it's not going to scale, people don't know how To use it, right? All the different kind of rational arguments that you can come up with to oppose something. And then ultimately, when those don't work anymore, because people are still watching this and being like, okay, this still seems like a good idea, then he says stage three says stage Three is when the name calling begins, right? And so stage three is basically just like a full-out power status political fight where all of a sudden basically it's like, okay, these are, you know, these people who are bringing This to technology, they're bad people, they have bad morals, they have bad intent, they're going to ruin everything, right? And if you think about it, it's so funny because it's like basically the internet followed this exact trajectory, like, you know, crypto, cryptocurrency blockchain, web three is Following this exact same trajectory social networking followed this exact same trajectory. Like I've now seen this pattern, you know, out of 50 times in the last 30 years and it keeps playing out the same way. Nobody learns anything, right? And it's this is literally what happens with every new technology and I become convinced that basically how this unfolds.

Why Technology Still Matters With Marc Andreessen

a16z Podcast

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