Embrace Innovation Despite Risk Aversion

Institutions should focus on fostering connections rather than disconnection. The prevalent modern risk aversion culture, driven by reporting negative incidents in the news, has led to the establishment of risk committees in organizations. These committees aim to prevent things from going wrong, resulting in restrictions like locked doors in schools and elder care facilities. This risk aversion culture makes it challenging to conduct experiments aimed at improving lives, as seen in the example of mixing young children with elder care facilities. Despite this culture, embracing innovation is crucial to overcome these challenges and initiate experiments for societal betterment.