Luca Dellanna on Ergodicity: why the way we often view the world, can lead to bad decisions

What is ergodicity? If it's a new term to you, then listen to my guest Luca Dellanna explain why ergodic thinking is often at the heart of much of our flawed decision-making. This is Luca's second appearance on the show; in February he talked to me about COVID (https://www.spreaker.com/user/human-risk/luca-dellanna-podcast)His insights were so prescient that I wanted him back. And as he's about to publish a new book on Ergodicity, I thought I'd cover both topics. As ever with Luca, he offers phenomenal insights that make complex topics, easily comprehensible.For more on Luca visit his website: https://www.luca-dellanna.com/You can follow him on Twitter here: https://twitter.com/DellAnnaLucaTo subscribe to Luca's highly recommended newsletter: https://www.luca-dellanna.com/newsletter/For his new book on Ergodicity: https://gumroad.com/l/ergodicityIn our conversation, we refer to Roam, the note-taking website: https://roamresearch.com/

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People are often described as the largest asset in most organisations. They are also the biggest single cause of risk. This podcast explores the topic of 'human risk', or "the risk of people doing things they shouldn't or not doing things they should", and examines how behavioural science can help us mitigate it. It also looks at 'human reward', or "how to get the most out of people". When we manage human risk, we often stifle human reward. Equally, when we unleash human reward, we often inadvertently increase human risk.