Difference between revisions of "More Complexity List"

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* Hacking, Identity Theft, data breaches, ransomware  
 
* Hacking, Identity Theft, data breaches, ransomware  
 
* Credit Rating
 
* Credit Rating
* Sociual Media   
+
* Social Media
 +
* Technology - Apps, Phones, Laptops, etc.  
  
 
More '''Fact Bubbles''' <br>   
 
More '''Fact Bubbles''' <br>   

Revision as of 18:39, 30 December 2020

Retun to GC Chapters

More Knowledge

More Change

More Complex Rules - laws, customs, etc

  • occupation certifications

More Complex Disclosures

  • Asymmetric legal knowledge and little recourse if you understand and/or disagree
  • Insurance (20+ pages) - health, auto, home - to protect tehm - do you have a pandemic rider?
  • Product or services warrantees
  • Data Privacy disclosures - to protect them - do you have a pandemic rider?
  • Banking, Investing, etc.

Asymmetric transactions are also known as "information failure," occurs when one party to an economic transaction possesses greater material knowledge than the other party.

More Complex Agreements

  • Loans, information,
  • Apps - 100+ agreements - 20-30 pages
  • Services - wireless phones
  • Google, Apple, Facebook, Microsoft, Zoom - any idea what you are saying "I agree"

More Choices

  • Food Choices

More Life Domains to Manage

  • Hacking, Identity Theft, data breaches, ransomware
  • Credit Rating
  • Social Media
  • Technology - Apps, Phones, Laptops, etc.

More Fact Bubbles

More Diversity

  • More people - Empathy is harder
  • More ideas
  • More culture

More Specialization

  • Medical - every organ has a physician
  • Jobs - Hunter and Gatherer to occupations