First I'll talk about the reading from Cornish. Wild cards are significant surprises/events that occur and have important consequences. These wild cards can dramatically impact the events that will follow as well as individuals feelings on the future. Wild cards can be positive or negative and can be personal or something that impacts the world. Examples would be loosing a job vs. inheriting money as well as Hurricane Katrina vs. a world peace agreement.
We all have expectations for the future and wild cards will certainly impact our expectations. For the most part, people think about the future in a personal manner - EX: when I graduated high school I already planned to finish college and go right into grad school (assuming I was admitted). But in this class we are learning to think about the future in general. Even when we talk in a larger scope we can still see how an invention or some future event could impact our lives.
Cornish mentions in the reading that wild cards can also be important for companies to look at. I think that wild cards are certainly something to consider but shouldn't drive the strategy and plans for your company since wild cards are exactly what they sound like - something with a low probability of happening or something that is unpredictable. It makes more sense to look at scenario/quadrant analysis in conjunction with wild cards.
The reading goes on to discuss major events such as the cold war, September 11th, and Pearl Harbor among others. Further, there is a discussion on future catastrophes as well as future benestrophes (positive things that would happen - like a happiness pill). The interesting thing is that there is more controversy on benestrophes than on catastrophes because not everyone agrees on what is a "good" thing - aka some people don't think that a happiness pill is a positive thing.
In the first reading from Brockman, Richard Dawkins is pondering if Moore's Law or something like it can be applied to DNA information technology. He decides to use money (taking into account inflation) as a benchmark for measuring growth. He has determined that the doubling time is 27 months (while Moore's law is 18 months). He dubs his discovery as "Son of Moore's Law" since Moore's law had a large influence on his discovery of this.
In the second reading from Brockman, Nancy Etcoff discusses mental health. She starts with the possibility that world nutrition has had an impact in the rise in cases (less Omega 3 fatty acids). There is also a growing concern that "psychiatric disorders will increase substantially across the globe". Psychiatric disorders are not caused by one thing, it is a combination of the environment and your genes. So this makes me think that if we can control our environments we might be able to reduce the likelihood of people developing psychiatric disorders - but then this gets into big brother stuff. We could control the plants we have in the area, the food that is offered, etc. But we can't control what happens at home and in each individuals personal life - its just taking it too far. Later the reading dives deeper into brain science and its impact on psychiatric disorders. Further she discusses Freudian theory vs. Darwinian medicine, the future of talk therapy, NASA wearables that signal different emotions, computers that can identify our feelings/emotions, and ultimately - will psychiatrists be needed if our clothing/computers can identify the exact medicine we need?
Tuesday, April 6, 2010
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Page 116 in Cornish was scary to read, especially when it mentioned the possibility of a world wide economic collapse. I guess this future stuff has some merit to it after all? Yet, I'm concerned we don't do a good enough job of predicting when a wild card might occur even though the evidence is starring us right in the face. I believe as humans we must stop being so "reactive minded" and start to be more proactive and anticipate the future better. By doing so 911 may have never happened.
ReplyDeleteIt seems that to overcome catastrophes, one should be very good at predicting wild cards. But wouldn't it be very difficult to develop our minds to predict all such events. Maybe one day we will be able to predict many shocking situations and even solutions to avoid them can be derived. But is implementation of all such solutions possible and necessary?
ReplyDeleteWhile reading Nancy Etcoff's essay, it made me think of Dr. Mark Hyman. He had a spot on
PBS about his book and his theories on brain dysfunction. He remedies psychological problems by finding out the underlying cause of disease, which he says is usually closely related to our environment. The books is an interesting read:
http://www.amazon.com/UltraMind-Solution-Broken-Brain-Healing/dp/1416549714/ref=sr_1_1?ie=UTF8&s=books&qid=1270072609&sr=8-1
I agree that companies should not necessarily base their overall strategy on future catastrophes or benafstrophyes. Day to day strategy would be skewed and warped if those ideas were folded into them. However, I do think it is important to have a backup plan for these kinds of events... to be prepared. I keep thinking of AU's pandemic planning. We did not cancel school because there MIGHT be an outbreak of swine flu. But we do have measure that we all know about in case such a catastrophe does occur.
ReplyDeleteI also agree that benafstrophyes are a scary thought. Too much of anything, even if we think it is a good thing- is usually not good. Therefore, it is hard to imagine there actually being something that was a true "benafstrophye."
Wild cards are the situations that would surprise us under expectation or totally without expectation. These could be good or bad scenarios.
ReplyDeleteI would think about how human beings could learn to react when the sad "wild cards" happens? Such as we encountered the unexpected death of a family member. Do we have the ability to overcome the sorrow? Or are we mentally ready for our lost?