Reinforcing feedback loops are prevalent in many industries. For instance, in the technology industry, the more users a platform has, the more valuable it becomes, attracting even more users. In the retail industry, a product's popularity can lead to more shelf space, which in turn leads to more visibility and sales. In the finance industry, the more a stock is bought, the higher its price goes, which can attract more investors.
How do you avoid wasted time, money, and resources from short-sighted decisions? When you think in s...
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