Pessimists Archive Newsletter • 530 implied HN points • 08 Feb 24
- In 1908, some dismissed the idea of flying machines heavier than air, underestimating their potential usefulness.
- The 'Beta Bias' is the tendency to underestimate the potential of new technologies by comparing them to established alternatives.
- Every nascent innovation has the potential for growth and improvement, often underestimated in early comparisons.