Economics & Finance / Business & Management / Organizational Behavior & Management
Why Perfect Data Causes Catastrophic Failures: The Crisis Decision-Making Paradox
In this deep dive, we explore the shocking truth revealed in Fausto Pedro García Márquez's book *Advances in Decision Making* (2022): that our obsession with perfect data and objective algorithms is actually making us worse at handling real-world crises. From the battlefield to the boardroom, we uncover why the scientific method fails in dynamic emergencies, how AI is stripping humans of command in hyperwar, and why a $9 billion waste on obsolete military parts is just the tip of the iceberg. You'll learn about the 'tunnel effect' that blinds commanders, the 'pull-to-center' bias that destroys inventory profits, and why 75% of innovation comes from management, not technology. This video reveals the hidden biases in algorithms, the fragility of our most advanced systems, and the ultimate question: will we trust the math or our own intuition when the world burns?
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