Toby Kiers : Lessons from fungi on markets and economics

Toby Kiers·TED@BCG
Lessons from fungi on markets and economics
Summary
The story was really difficult because the speaker told us that she was going to talk about two topics that weren’t normally talked about together, and that’s market
economies and fungi. What?  Why do fungi relate to our economy markets? If we trade fungi, can we get benefits? When I saw the faces of audiences, their faces were very serious like not understanding.

Her explanations are that human economies are not persistent, 1) people beg, borrow, steal cheat, though. 2) Exchanging stocks and bonds are sometimes unsuccessful.
However, about fungi, it can be thought that there is a market economy of fungi that is continuing 400 million years old, and it connects millions of traders simultaneously, and it’s persistently survived mass extinctions. 1)  It doesn’t rely on cognition to decisions but it does absently, begging borrowing, stealing and cheating. 3) It’s exchanging essential resources. So far, it seems to be ideal.

However, there are aspects without photosynthesizing, stealing the carbon and giving nothing in return, and don’t have altruism. There are no trade favors, though, the fungus helping dying or struggling plants don’t occur unless it directly benefits the fungus itself.

The conclusion that the speaker wanted to tell us must be that we can learn many things from fungi on markets because it’s natural. Although you will think that it’s ruthless, you must rely on computer algorithms more. Computer algorithm and fungi, they both operate in similar. It’s uncognitive ways and the fungus just happens to be a living machine. What do you think?

I wrote this that looks better, though, l don’t understand yet.

P.S.
I want to tell you that fungus is that it’s a really simple and easy word called “KIN(菌)” in Japanese!! Why am I troubled by its pronunciation?
I've greatly suffered to pronounce fungus, fungi, and funguses. I want to shout in Japanese, “KIN, KIN, and KIN”. There is no singular and plural in Japanese. Furthermore, the meaning of pronunciation “FUN” of fungus, fungi, and funguses is feces in Japanese, it’s also used as Hmm that is not good, though. “FUN”