Tag Archives: cognitive biases

The Joy of Telecom Democratization

Amara’s Law states, “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.”¬†Another way of looking at this law is the cognitive biases of attention-bias, confirmation-bias and herd-instinct; which tend to make new ideas overly popular¬†with fanciful claims believed on when benefits can be […]