Bounded rationality is a significant concept in micro-economics. It just states people are sensible but their choices are restricted by the amount of details they have and by their own intelligence/education. This theory is not in conformity with Jung/Keirsey psychology kinds in addition to with huge analytical MBTI experiments (only 12 % of the people are sensible).
Nevertheless, we can observe the 4 situations in different societies:
- People are not informed and obtain no information: Various dictatures, low degree of innovation, negative economical and social performances: e.g.: North Korea
- Individuals are enlightened but get no info: Crypto dictatures, medium level of development, great cost-effective performances, typical social performance: e.g. China
- People are not informed however obtain a significant quantity of info: great degree of innovation, excellent affordable performances yet recurrent situation and bankruptcies, average social performance: e.g. United States
- Individuals are enlightened and get a moderate/high level of info: ordinary level of technology, average cost-effective performance, relatively excellent social efficiency: e.g. EU and India
Technology shows up in a location where individuals have an excellent general society (consisting of tech and art) and a tornado of experiences (and therefore details). In this range, we can not imagine these conditions can be enabled for a big group of individuals, a continent or perhaps a country. Historic instances show that point: Venice XVI, Paris XIX, San Francisco XX (” 49 square miles bordered by reality” Kantner)… The problem of having an high density of clever people and a huge amount of info looks only feasible in reasonably tiny human groups.
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