Tag Archives: optimism

Pessimism About Positive Thinking

Many of us have grown up in a world that teaches and values the power of positive thinking. The mantra of positive thinkers goes something like this: think positively about yourself, your situation, your goals and you will be much more motivated and energized to fulfill your dreams.

By some accounts the self-improvement industry in the US alone weighs in with annual revenues of around $10 billion. So, positive thinking must work, right? Psychologists suggest that it’s really not that simple; singular focus on positivity may help us in the short-term, but over the longer-term it frustrates our motivations and hinders progress towards our goals.

In short, it pays to be in touch with the negatives as well, to embrace and understand obstacles, to learn from and challenge our setbacks. It is to our advantage to be a pragmatic dreamer, grounded in both the beauty and ugliness that surrounds us.

From aeon:

In her book The Secret Daily Teachings (2008), the self-help author Rhonda Byrne suggested that: ‘Whatever big thing you are asking for, consider having the celebration now as though you have received it.’

Yet research in psychology reveals a more complicated picture. Indulging in undirected positive flights of fancy isn’t always in our interest. Positive thinking can make us feel better in the short term, but over the long term it saps our motivation, preventing us from achieving our wishes and goals, and leaving us feeling frustrated, stymied and stuck. If we really want to move ahead in our lives, engage with the world and feel energised, we need to go beyond positive thinking and connect as well with the obstacles that stand in our way. By bringing our dreams into contact with reality, we can unleash our greatest energies and make the most progress in our lives.

Now, you might wonder if positive thinking is really as harmful as I’m suggesting. In fact, it is. In a number of studies over two decades, my colleagues and I have discovered a powerful link between positive thinking and poor performance. In one study, we asked college students who had a crush on someone from afar to tell us how likely they would be to strike up a relationship with that person. Then we asked them to complete some open-ended scenarios related to dating. ‘You are at a party,’ one scenario read. ‘While you are talking to [your crush], you see a girl/boy, whom you believe [your crush] might like, come into the room. As she/he approaches the two of you, you imagine…’

Some of the students completed the scenarios by spinning a tale of romantic success. ‘The two of us leave the party, everyone watches, especially the other girl.’ Others offered negative fantasies about love thwarted: ‘My crush and the other girl begin to converse about things which I know nothing. They seem to be much more comfortable with each other than he and I….’

We checked back with the students after five months to see if they had initiated a relationship with their crush. The more students had engaged in positive fantasies about the future, the less likely they were actually to have started up a romantic relationship.

My colleagues and I performed such studies with participants in a number of demographic groups, in different countries, and with a range of personal wishes, including health goals, academic and professional goals, and relationship goals. Consistently, we found a correlation between positive fantasies and poor performance. The more that people ‘think positive’ and imagine themselves achieving their goals, the less they actually achieve.

Positive thinking impedes performance because it relaxes us and drains the energy we need to take action. After having participants in one study positively fantasise about the future for as little as a few minutes, we observed declines in systolic blood pressure, a standard measure of a person’s energy level. These declines were significant: whereas smoking a cigarette will typically raise a person’s blood pressure by five or 10 points, engaging in positive fantasies lowers it by about half as much.

Read the entire article here.

Luck

Four-leaf_clover

Some think they have it constantly at their side, like a well-trained puppy. Others crave and seek it. And yet others believe they have been shunned by it. Some put their love lives down to it, and many believe it has had a hand in guiding their careers, friendships, and finances. Of course, many know that it — luck — plays a crucial part in their fortunes at the poker table, roulette wheel or at the races. So what really is luck? Does it stem from within or does it envelope us like a benevolent (mostly) aether? And more importantly, how can more of us find some and tune it to our purposes? 

Carlin Flora over at Aeon presents an insightful analysis, with some rather simple answers. Oh, and you may wish to give away that rabbit’s foot.

From aeon:

In 1992, Archie Karas, then a waiter, headed out to Las Vegas. By 1995, he had turned $50 into $40 million, in what has become known as the biggest winning streak in gambling history. Most of us would call it an instance of great luck, or we might say of Archie himself: ‘What a lucky guy!’ The cold-hearted statistician would laugh at our superstious notions, and instead describe a series of chance processes that happened to work out for Karas. In the larger landscape where randomness reigns, anything can happen at any given casino. Calling its beneficiaries lucky is simply sticking a label on it after the fact.

To investigate luck is to take on one of the grandest of all questions: how can we explain what happens to us, and whether we will be winners, losers or somewhere in the middle at love, work, sports, gambling and life overall? As it turns out, new findings suggest that luck is not a phenomenon that appears exclusively in hindsight, like a hail storm on your wedding day. Nor is it an expression of our desire to see patterns where none exist, like a conviction that your yellow sweater is lucky. The concept of luck is not a myth.

Instead, the studies show, luck can be powered by past good or bad luck, personality and, in a meta-twist, even our own ideas and beliefs about luck itself. Lucky streaks are real, but they are the product of more than just blind fate. Our ideas about luck influence the way we behave in risky situations. We really can make our own luck, though we don’t like to think of ourselves as lucky – a descriptor that undermines other qualities, like talent and skill. Luck can be a force, but it’s one we interact with, shape and cultivate. Luck helps determine our fate here on Earth, even if you think its ultimate cause divine.

Luck is perspective and point of view: if a secular man happened to survive because he took a meeting outside his office at the World Trade Center on the morning of 11 September 2001, he might simply acknowledge random chance in life without assigning a deeper meaning. A Hindu might conclude he had good karma. A Christian might say God was watching out for him so that he could fulfil a special destiny in His service. The mystic could insist he was born under lucky stars, as others are born with green eyes.

Traditionally, the Chinese think luck is an inner trait, like intelligence or upbeat mood, notes Maia Young, a management expert at the University of California, Los Angeles. ‘My mom always used to tell me, “You have a lucky nose”, because its particular shape was a lucky one, according to Chinese lore.’ Growing up in the American Midwest, it dawned on Young that the fleeting luck that Americans often talked about – a luck that seemed to visit the same person at certain times (‘I got lucky on that test!’) but not others (‘I got caught in traffic before my interview!’) – was not equivalent to the unchanging, stable luck her mother saw in her daughter, her nose being an advertisement of its existence within.

‘It’s something that I have that’s a possession of mine, that can be more relied upon than just dumb luck,’ says Young. The distinction stuck with her. You might think someone with a lucky nose wouldn’t roll up their sleeves to work hard – why bother? – but here’s another cultural difference in perceptions of luck. ‘In Chinese culture,’ she says, ‘hard work can go hand-in-hand with being lucky. The belief system accommodates both.’

On the other hand, because Westerners see effort and good fortune as taking up opposite corners of the ring, they are ambivalent about luck. They might pray for it and sincerely wish others they care about ‘Good luck!’ but sometimes they just don’t want to think of themselves as lucky. They’d rather be deserving. The fact that they live in a society that is neither random nor wholly meritocratic makes for an even messier slamdance between ‘hard work’ and ‘luck’. Case in point: when a friend gets into a top law or medical school, we might say: ‘Congratulations! You’ve persevered. You deserve it.’ Were she not to get in, we would say: ‘Acceptance is arbitrary. Everyone’s qualified these days – it’s the luck of the draw.’

Read the entire article here.

Image: Four-leaf clover. Some consider it a sign of god luck. Courtesy of Phyzome.

To Hype or To Over-Hype, That is the Question

The perennial optimists who form the backbone of many tech start-ups and venture capital firms, which populate California’s Silicon Valley, have only one question on their minds: should they hype the future, or over-hype it?

From the NYT:

These are fabulous times in Silicon Valley.

Mere youths, who in another era would just be graduating from college or perhaps wondering what to make of their lives, are turning down deals that would make them and their great-grandchildren wealthy beyond imagining. They are confident that even better deals await.

“Man, it feels more and more like 1999 every day,” tweeted Bill Gurley, one of the valley’s leading venture capitalists. “Risk is being discounted tremendously.”

That was in May, shortly after his firm, Benchmark, led a $13.5 million investment in Snapchat, the disappearing-photo site that has millions of adolescent users but no revenue.

Snapchat, all of two years old, just turned down a multibillion-dollar deal from Facebook and, perhaps, an even bigger deal from Google. On paper, that would mean a fortyfold return on Benchmark’s investment in less than a year.

Benchmark is the venture capital darling of the moment, a backer not only of Snapchat but the photo-sharing app Instagram (sold for $1 billion to Facebook), the ride-sharing service Uber (valued at $3.5 billion) and Twitter ($22 billion), among many others. Ten of its companies have gone public in the last two years, with another half-dozen on the way. Benchmark seems to have a golden touch.

That is generating a huge amount of attention and an undercurrent of concern. In Silicon Valley, it may not be 1999 yet, but that fateful year — a moment when no one thought there was any risk to the wildest idea — can be seen on the horizon, drifting closer.

No one here would really mind another 1999, of course. As a legendary Silicon Valley bumper sticker has it, “Please God, just one more bubble.” But booms are inevitably followed by busts.

“All business activity is driven by either fear or greed, and in Silicon Valley we’re in a cycle where greed may be on the rise,” said Josh Green, a venture capitalist who is chairman of the National Venture Capital Association.

For Benchmark, that means walking a narrow line between hyping the future — second nature to everyone in Silicon Valley — and overhyping it.

Opinions differ here about exactly what stage of exuberance the valley is in. “Everyone feels like the valley has been in a boom cycle for quite some time,” said Jeremy Stoppelman, the chief executive of Yelp. “That makes people nervous.”

John Backus, a founding partner with New Atlantic Ventures, says he believes it is more like 1996: Things are just ramping up.

The numbers back him up. In 2000, just as the dot-com party was ending, a record number of venture capitalists invested a record amount of money in a record number of deals. Entrepreneurs received over $100 billion, a tenfold rise in dollars deployed in just four years.

Much of the money disappeared. So, eventually, did many of the entrepreneurs and most of the venture capitalists.

Recovery was fitful. Even with the stock market soaring since the recession, venture money invested fell in 2012 from 2011, and then fell again in the first half of this year. Predictions of the death of venture capital have been plentiful.

For one thing, it takes a lot less money to start a company now than it did in 1999. When apps like Instagram and Snapchat catch on, they do so in a matter of months. V.C.’s are no longer quite as essential, and they know it. Just last week, Tim Draper, a third-generation venture capitalist with Draper Fisher Jurvetson, said he was skipping the next fund to devote his time to his academy for young entrepreneurs.

But there are signs of life. Funding in the third quarter suddenly popped, up 17 percent from 2012. “I think this is the best time we’ve seen since 1999 to be a venture capitalist,” Mr. Backus said. He expects the returns on venture capital, which have been miserable since the bust, to greatly improve this year.

“Everyone talks about the mega win — who was in Facebook, Twitter, Pinterest,” he said. “But the bread and butter of venture firms is not those multibillion exits but the $200 million deals, and there are a lot of those.” As an example he pointed to GlobalLogic, which operates design and engineering centers. It was acquired in October in a deal that returned $75 million on New Atlantic’s $5 million investment.

Better returns would influence pension firms and other big investors to give more money to the V.C.’s, which would in term increase the number of deals.

Read the entire article here.

Happiness for Pessimists

Pessimists can take heart from Oliver Burkeman’s latest book “The Antidote”. His research shows that there are valid alternatives to the commonly held belief that positive thinking and goal visualization lead inevitably to happiness. He shows that there is “a long tradition in philosophical and spiritual thought which embraces negativity and bathes in insecurity and failure.” Glass half-full types, you may have been right all along.

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Lemonade without the Lemons: New Search Engine Looks for Uplifting News

[div class=attrib]From Scientific American:[end-div]

Good news, if you haven’t noticed, has always been a rare commodity. We all have our ways of coping, but the media’s pessimistic proclivity presented a serious problem for Jurriaan Kamp, editor of the San Francisco-based Ode magazine—a must-read for “intelligent optimists”—who was in dire need of an editorial pick-me-up, last year in particular. His bright idea: an algorithm that can sense the tone of daily news and separate the uplifting stories from the Debbie Downers.

Talk about a ripe moment: A Pew survey last month found the number of Americans hearing “mostly bad” news about the economy and other issues is at its highest since the downturn in 2008. That is unlikely to change anytime soon: global obesity rates are climbing, the Middle East is unstable, and campaign 2012 vitriol is only just beginning to spew in the U.S. The problem is not trivial. A handful of studies, including one published in the Clinical Psychology Review in 2010, have linked positive thinking to better health. Another from the Journal of Economic Psychology the year prior found upbeat people can even make more money.

Kamp, realizing he could be a purveyor of optimism in an untapped market, partnered with Federated Media Publishing, a San Francisco–based company that leads the field in search semantics. The aim was to create an automated system for Ode to sort and aggregate news from the world’s 60 largest news sources based on solutions, not problems. The system, released last week in public beta testing online and to be formally introduced in the next few months, runs thousands of directives to find a story’s context. “It’s kind of like playing 20 questions, building an ontology to find either optimism or pessimism,” says Tim Musgrove, the chief scientist who designed the broader system, which has been dubbed a “slant engine”. Think of the word “hydrogen” paired with “energy” rather than “bomb.”

Web semantics developers in recent years have trained computers to classify news topics based on intuitive keywords and recognizable names. But the slant engine dives deeper into algorithmic programming. It starts by classifying a story’s topic as either a world problem (disease and poverty, for example) or a social good (health care and education). Then it looks for revealing phrases. “Efforts against” in a story, referring to a world problem, would signal something good. “Setbacks to” a social good, likely bad. Thousands of questions later every story is eventually assigned a score between 0 and 1—above 0.95 fast-tracks the story to Ode’s Web interface, called OdeWire. Below that, a score higher than 0.6 is reviewed by a human. The system is trained to only collect themes that are “meaningfully optimistic,” meaning it throws away flash-in-the-pan stories about things like sports or celebrities.

[div class=attrib]More from theSource here.[end-div]