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Work Futures Daily | Yesterday’s Path
| Mind Changing | Decontracting | Bosslessness | John Burroughs | Antwork |
AI Beacon NY | 2019–09–22 | I’ve been sick as a dog for the past few days. Missed a great deal, and behind in everything.
Stories
Research: Changing Your Mind Makes You Seem Intelligent | Martha Jeong, Leslie K. John, Francesca Gino, and Laura Huang summarize research on changing your mind, publicly:
First, we examined the implications of refusing to change your mind in a real-word context with important outcomes — an entrepreneurial pitch competition. Consistent with prior research, we found that entrepreneurs had a general tendency to dig their heels in: 76% of entrepreneurs refused to change their minds when faced with contradictory evidence. Unfortunately, this tendency turned out to be counterproductive to their interests. Specifically, entrepreneurs who changed their minds during the pitch were almost six times more likely to advance to the final round of the competition.
Next, we took our findings from the pitch competition into the laboratory to find out more about what was driving these outcomes. Participants played the role of investors evaluating entrepreneurs, where half of the entrepreneurs were described as changing their minds while…