This is a particularly intense instantiation of Loss aversion because it combines with Time discounting so the positive is even more heavily discounted.
This is one of the reason that Asymmetric career risk happens.Tail risk and long term thinking are inherently tied because of the probabilities involved
Web URL for this note
Comment on this note
A technology’s value is relative to the amount of value it unlocks
Systems must take performance hits to get out of local optima