nishio The people who are now thinking about new concepts of ownership and so on have a very high risk tolerance, but the majority of humanity has an irrationally low risk tolerance.
nishio Making additional payments that people with irrationally low risk tolerance should not have to pay to lower their risk is the same foolish right as allowing people who want to smoke cigarettes even if it makes them unhealthy to do so. I think it is the same foolish right as allowing people to smoke cigarettes at the expense of their health, and selling products to such people can be a viable business by satisfying customer needs.
nishio There is no objectively clear boundary between “is selling opium a legitimate business that satisfies customer needs? There is no objectively clear boundary between “is selling opium a legitimate business that satisfies customer needs? It is determined by subjective policies, values, and local rules.
This page is auto-translated from /nishio/人類の多数派は非合理にリスク許容度が低い using DeepL. If you looks something interesting but the auto-translated English is not good enough to understand it, feel free to let me know at @nishio_en. I’m very happy to spread my thought to non-Japanese readers.