Two day weekend started. Already wasted one hour on the internet. Time to move ahead. I am sticking to this habit of blogging every day. But unable to stick to other habits planned so far.
Social proof or I would call five-star evidence. When I am shopping online, I often see the five-star rating and buy. Even in the shop, I would ask, which one is the famous model, or which product is the highest selling? As humans, we tend to follow the crowd. This is the reason why in all stock information, the volume is indicated. High volume means buying or selling. The sheep mentality of the following crowd is in genes. Because this trait has been selected during millions of years of evolution. Why? Because at least there is a 50 % chance that "the crowd "is right, so you are also correct. This behaviour evolved to escape the dangers of the African savannah. Fight or flight, the lion is not there, but still, you ran, the downside is minimum, but if the lion was there then that is death. I have one more observation on this. We follow the crowd on both directions up and down. Let us say, one product is good, first 10 people gave a 5-star rating, but the next three gave a one-star rating, then we follow in the opposite direction.
I am confused here. Sometimes society or crowd select most optimum conditions or products. But then, crowd select some stupid and list optimum conditions or products. Therefore, we need to be more rational and more thinking, since we are no more in African Savanna running away from the lion.
Social proof or I would call five-star evidence. When I am shopping online, I often see the five-star rating and buy. Even in the shop, I would ask, which one is the famous model, or which product is the highest selling? As humans, we tend to follow the crowd. This is the reason why in all stock information, the volume is indicated. High volume means buying or selling. The sheep mentality of the following crowd is in genes. Because this trait has been selected during millions of years of evolution. Why? Because at least there is a 50 % chance that "the crowd "is right, so you are also correct. This behaviour evolved to escape the dangers of the African savannah. Fight or flight, the lion is not there, but still, you ran, the downside is minimum, but if the lion was there then that is death. I have one more observation on this. We follow the crowd on both directions up and down. Let us say, one product is good, first 10 people gave a 5-star rating, but the next three gave a one-star rating, then we follow in the opposite direction.
I am confused here. Sometimes society or crowd select most optimum conditions or products. But then, crowd select some stupid and list optimum conditions or products. Therefore, we need to be more rational and more thinking, since we are no more in African Savanna running away from the lion.
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