Bina Venkataraman, a journalist and science policy expert at The Washington Post, joins the discussion on bridging today's choices with tomorrow's realities. They tackle the psychological barriers that hinder long-term decision-making and explore innovative tools like virtual reality to foster empathy with our future selves. Bina shares insights on managing climate change responsibilities and the importance of aligning immediate gratification with future aspirations. The conversation navigates the challenges of communicating complex science, emphasizing education's role in enhancing decision-making skills.
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insights INSIGHT
Long-Term Thinking vs. Short-Term Desires
Humans possess a capacity for considering future generations and desiring a better future.
This long-term perspective often gets overshadowed by short-term desires in decision-making.
insights INSIGHT
Present vs. Future in Decision-Making
Present circumstances are easier to grasp because we experience them directly through our senses.
Imagining future consequences requires an imaginative leap, making it harder to prioritize.
question_answer ANECDOTE
VR and Retirement Savings
Hal Hirschfeld's study showed that college students saved more for retirement after interacting with VR versions of their older selves.
This suggests that visualizing our future selves can promote long-term financial planning.
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This book, now in its revised and updated second edition, provides a clear and compassionate guide for those struggling with the decision of whether to have a baby. Merle Bombardieri, drawing from her extensive experience as a psychotherapist and coach, addresses various aspects of this life-changing decision. The book covers topics such as dealing with doubt and ambivalence, understanding the implications on relationships and careers, and exploring options like adoption and single parenting. It includes exercises, guidelines, and checklists to help readers uncover their deepest self-knowledge and make a confident decision. The book also emphasizes the importance of disconnecting the decision from external pressures and focuses on practical and emotional preparation for either path.
How do we bridge the gap between the present and the future? In this episode, our host, Annie Duke, speaks with Bina Venkataraman, journalist, author, and science and technology policy expert, about the psychological, social, and institutional barriers to making long-term decisions. Drawing from Bina’s experiences in science communication, climate policy, and journalism, they discuss the difficulty of imagining the future and yourself within it, and how creative tools such as virtual reality and role-playing games can help us master the tug-of-war between now and later.
Key takeaways include innovative ways to promote future savings, the challenges of communicating complex science in uncertain times, and how culture, social norms, and scarcity affect people's ability to delay gratification and plan for the future.
This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.
Thanks to First Round Capital for supporting The Decision Education Podcast—empowering leaders to make choices that shape our future.