The Human Voice-Silicon and Soul

The Human Voice-Silicon and Soul

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The Human Voice-Silicon and Soul
The Human Voice-Silicon and Soul
The dangers of the Sunk Cost Fallacy

The dangers of the Sunk Cost Fallacy

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Bob Hutchins
Dec 16, 2021
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The Human Voice-Silicon and Soul
The Human Voice-Silicon and Soul
The dangers of the Sunk Cost Fallacy
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The sunk cost fallacy is a cognitive bias that can lead to irrational decision-making. The fallacy is a mistake in which a person will continue an endeavor as it becomes increasingly worse, solely because they have already invested time or money on it. The 'sunk costs' have already been incurred and cannot be recovered. These costs can include money, ti…

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