Coaches on Zoom Drinking Coffee cover image

Bryce Hoffman: Leadership & Culture Consultant, Author, & Speaker

Coaches on Zoom Drinking Coffee

00:00

Ism Bias Is the Engine of Capitalism

We all think that we have can understand what's going to happen next better than we actually can't. But cannaman says that optimism bias is the engine of capitalism. If we didn't have optimism bi as, no one would ever open a restaurant because nine out of ten restaurants will fail within five years in the united states. No one would ever write a new piece of code, because most code that's written is never commercialized. And if you are a rational person, you never would have sat down like orville and wilbur wright, to try to build yet another plane that had very slim chances of flying. So it's a good thing that we're irrational. The problem

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app