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59: Ergodicity and Decision-making with Luca Dellanna

The Knowledge with David Elikwu

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The Importance of Agony in Organizations

I know that you've talked about how it can influence organizations. So maybe we can talk about some real life examples of how this concept of agodicity can start to manifest in our lives or maybe in our work. Some companies might optimize for just getting as much out of their young associates as possible. Another typical example is with startups. To get such an extreme outcome being the next Google, you need to push your founders to take extreme risks to work a lot. You should do what's optimal for you, which means taking less risk and focusing on staying in the game as long as possible.

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