We make decisions under uncertainty, which is we minimize from axiom regret or just minimize for regret. It's a scarcity and fear based animal brain, you know, reptile brain that we default to. And so we have to be kind of aware of this because what's happening now as well is that the classical system has reached its end. We've borrowed too much money from the future. Now we are going to a negative sum game with inflation and other things people are losing wealth rapidly. That leads to unstable Nash equilibrium from a game theory perspective.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode