In some fields our knowledge and discoveries are seamlessly passed down across generations. In others, it’s fleeting. Knowledge in some fields is cumulative. In other fields it’s cyclical (at best).
There are occasional periods when society learns that debt can be dangerous, greed backfires, and more money won’t solve all your problems. But it quickly forgets and moves on. Again and again. Generation after generation.
I think there are a few reasons this happens, and what it means we have to accept.~ Morgan Housel from, https://collabfund.com/blog/cumulative-vs-cyclical-knowledge/
I spend significant time worrying about how to learn from all the experiences I have. Worrying, of course, is not good. When I stop and honestly assess however, I realize that I do a really good job closing loops and bringing what I’ve learned forward into my ongoing work and life.
And then I read pieces like this. If humanity keeps making these cyclical reset-lurches, forgetting hard-won and important lessons, does that bode well for my ability to keep learning and improving? Or is the problem the inter-personal, or inter-generational learning?