4.8 • 743 Ratings
🗓️ 9 February 2024
⏱️ 36 minutes
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0:00.0 | I get to the bottom of like, okay, how does a slot machine work? |
0:02.7 | And it works on this three part system that I call the scarcity loop. |
0:05.8 | So it's got three parts. |
0:06.6 | It's got opportunity. |
0:07.7 | It's got unpredictable rewards. |
0:09.0 | And three, it has quick repeatability. |
0:10.6 | So if you think about social media, it falls into that system. |
0:12.7 | It's like if you post, you have an opportunity to get status, right, through likes and |
0:18.0 | comments. status, right? Through likes and comments, but you don't know how many likes you're going to get. You don't know how many comments you're going to get. You don't know if they're going to be good |
0:22.9 | comments. You don't know if they're going to be bad. Like, you don't know what's going to happen. |
0:25.9 | Yeah. You could go viral or someone could tell you you're ugly. But if you look at gambling, |
0:32.3 | like that industry is so heavily regulated. With social media, there's none of that. Welcome to the Minimal Mom podcast. |
0:39.9 | Don reaches a million women each month with practical tips to simplify your home. |
0:44.9 | Today, Dawn is joined by Michael Easter, a New York Times best-selling author, |
0:49.6 | journalist and professor who wrote the books The Comfort Crisis and Scarcity Brain. |
0:55.0 | His work explores how we can leverage modern science and evolutionary wisdom |
0:59.1 | to perform better and live healthier and more meaningful lives. |
1:03.5 | His ideas have been adopted by NASA, MLB teams, NCAAD1 athletic programs, |
1:09.6 | U.S. Special Force Units, Fortune 500 companies, and millions of people |
1:14.0 | worldwide. All right. Well, Michael, you are the author of Scarcity Brain and the Comfort Crisis. I have |
1:20.4 | talked at length about comfort crisis because what's so ironic to me is that as human beings, we have, we have won |
1:30.1 | at the game of life. |
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