"What psychological mechanisms allow us to pour hundreds of billions into artificial intelligence while 600 million people will live in extreme poverty by 2030? The answer lies in the architecture of human decision-making under conditions of abstraction, proximity bias, and manufactured urgency."
#CorneliaCWalther, Ph.D, 2025
"The AI investment frenzy exhibits classic bubble psychology: fear of missing out (FOMO) overriding rational assessment.
...
FOMO hijacks our social comparison mechanisms. We evaluate investments relative to what others are doing, not against absolute measures of value or social good. If your competitor invests in AI, you must too, regardless of whether it creates genuine value or inflates valuations."
#CorneliaCWalther, Ph.D, 2025