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Why are we so bad at long-term thinking?

27 Jan 2023 10:00 AM | Abbie Lunn (Administrator)

What’s riskier: a lion that’s about to pounce on you, or an iceberg melting away in the distance?

Both pose a threat to human life. But our ability to perceive and act on the long-term danger falters in comparison to our readiness to grab a spear or rock to deter the big cat.  

Our ability to focus on our immediate surroundings was once a handy mechanism to stay alive. Now, this short-term bias could be putting the world at risk. While we’re well aware of the challenges ahead, acting on them is a different story. The urgency of the COVID-19 pandemic prompted dramatic changes, from lockdowns to virtual working; the slow-burn crisis of climate change has not had the same effect.

Read more on Zurich Insurance here.


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