The deeper problem beyond the fact that Elizabeth Holmes is a pathological liar is that her victims succumbed to "Truth Default" theory:
Given limited time/access to fact check what people claim, most of us default to believing what we're told is true (e.g., someone tells me they are a Vietnam vet I have neither the time nor resources to check). Most of the time most people are relatively truthful, so Truth Default works as a cognitive heuristic (and liars can get away with lying some of the time).
HOWEVER: that doesn't apply to investors, who have a fiduciary responsibility ("due diligence") to fact check claimants before investing. That was not always done in the case of Holmes, in part because they were charmed by her youthful looks, sultry voice, Steve Jobs-wannabe turtlenecks, and her bold promises that Theranos would be The Next Big Thing that investors did not want to miss out on.
So while justice is rightly being served against Holmes, the victims of such scams carry some responsibility for letting themselves be fooled. No one held a gun to their head and made them invest. They chose to do so, and because our life outcomes are, in part, self-determined, victims must take some responsibility.
No, this is not "blaming the victim." Holmes committed a crime and is getting her just deserts. But neither are her victimized investors naifs.
Agreed, in a perfect utopian world no one would lie (or steal, rape, murder, etc.) But that is not the world in which we live. Yes, you should be free to walk around any part of any city anywhere in the world at any time of the night and not get mugged or robbed. But you're an idiot if you do that without taking precautions.
Reality matters.
As we grow the Third Wave Center, I've been honing in on our core strengths in mindfulness and behavior therapy, and I'm excited to share that we've refined our offerings to reflect that focus.
Check out our updated website: https://t.co/zL0fv93JSY
to see what we're offering!
What is 'epistemic humility', what does neuroscience say about it, and why is it perhaps the most critical skill we can be teaching our students? Join me for this week's Inner Cosmos with guest Greg Lukianoff (@glukianoff), non-partisan free speech advocate and president of FIRE, wherever you get your podcasts.
#brain #freespeech
When life feels meaningless, face that void completely, realizing there is no permanent self or inherent meaning, and through meditating on this emptiness, step beyond the illusion of separateness to live more freely and compassionately in our shared, interdependent world.
Harvard President Alan Garber Joins More Than 180 University Leaders in Statement Against ‘Political Interference’ With Higher Ed | News | The Harvard Crimson https://t.co/upSZ76qvPd
Some with cluster headaches are self treating with psilocybin and scientists are taking note. Don't miss this longform story from @ucbsoj x @SciPsychedelics Ferriss Fellow @sammie_seamon https://t.co/sTJnt6kUiH
1/🚀New research on psychedelics, context & brain connectivity!
We analysed the largest psychedelic neuroimaging dataset to date (N=62, fMRI+EEG).
Key finding: Psilocybin aligns brain activity with context, linking neural dynamics to perception.
A thread 🧵👇
Can Acceptance and Commitment Therapy provide lasting relief for children facing non-cancer related chronic pain? https://t.co/6Ik3d3Zs0M #chronicpain#children#Adolscents#ACT