Summary
Although this was the story about the field of the hedge fund, I wanted to trust that it can be used on all the fields.
If I can tell you the simple word that he said, it will be being objective, it's difficult, and nowadays, it can be avoided by algorithms. When you think you’re doing the right thing or not in your job, you see in only one dimension. However, if you can listen to people who express their opinions to you, and you can see a higher level from separating your opinion, then you can see in multiple dimensions.
The speaker created the tool which can make decisions better and much faster than us, by using algorithms. It can process a lot more emotional information but it can process more decisions unemotionally.
It'll certainly help you and give you a balance between your audacity and your humility. It leads to not making autocratic an idea but meritocratic one.
It'll be better for you to know that you can use algorithms where the best ideas would win, and it'll affect your life.
Words in this story
meritocratic /adj/ meritocracy /noun/ government by the gifted or skilled, government by the intellectually worthy (rather than by family lineage or class)
autocratic / adj/ audacity /noun/ boldness, daring, fearlessness.
-ity -ism -my /noun/
consensus / general agreement, majority.
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