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Wednesday, August 15, 2018

Hypocognition

Unknown Unknowns: The Problem of Hypocognition

We wander about the unknown terrains of life, complacent about what we know and oblivious to what we miss

In 1806, entrepreneur Frederic Tudor sailed to the island of Martinique with a precious cargo. He had harvested ice from frozen Massachusetts rivers and expected to make a tidy profit selling it to tropical customers. There was only one problem: the islanders had never seen ice. They had never experienced a cold drink, never tasted a pint of ice cream. Refrigeration was not a celebrated innovation, but an unknown concept. In their eyes, there was no value in Tudor’s cargo. His sizable investment melted away unappreciated and unsold in the Caribbean heat.
Tudor’s ice tale contains an important point about human affairs. Often, human fate rests not on what people know but what they fail to know. Often, life’s outcomes are determined by hypocognition
What is hypocognition? If you don’t know, you’ve just experienced it.

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