Analysts, the Dunning-Kruger Effect, and the Gartner Hype Cycle

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A little knowledge is dangerously misleading. That’s the message of the Dunning-Kruger effect, in which ignorant people think they’re smart. It’s the message of the Gartner Hype Cycle, in which people get overenthusiastic about new technologies. And it’s the reason that analysts, over and over again, get overenthusiastic about whatever’s new. In 1999, the psychologists … Continued

The Fyre Festival investor deck: un-words for an un-festival

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The Fyre Festival was an epic disaster. Organizers hyped the festival, set on an obscure island in the Bahamas, as “the next Coachella”; attendees got stranded with little food and shelter, no entertainment, and no easy way to escape. Who could have known? Anyone who read the pitch deck. It’s filled with un-words that have no … Continued