People find it more painful to lose something than to gain something equivalent. One interpretation is that people overvalue what they have because it is theirs. This leads to status quo preserving behavior.
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People Are Bad at Long-Term Thinking
People are generally bad at thinking and making decisions about long-term consequences. Gate’s Law observes that people overestimate the short term and underestimate the long term. People are motivated by loss aversion which leads to status quo preserving behavior and biases people towards keeping things the same.
A simple heuristic for whether or not to let someone go is to ask yourself, “Would you enthusiastically rehire this person?”
Justificationism Secures Ideas Against Change
One way to answer “how do we know…?” is to justify one’s belief by reference to an authoritative source or cornerstone of knowledge. This is, in effect, saying “by what authority do we claim…?” which seeks endorsement in order to have certainty. Justificationism as a theory of knowledge therefore resists change (or at least delays in a form of path dependence).
Techno-optimists believe technology can solve the world’s most pressing problems. With the right knowledge, we can find solutions to climate change like abundant clean energy. Can we acquire the knowledge to build nuclear fusion reactors? Can we do it in time?
Status Quo Preserving Behavior
People prefer to keep things the same due to loss aversion and take actions to inhibit or minimize change. This can be seen in work environments where there is stark resistance to a change in the product (product work is hard because it necessitates change), processes, or organization.