Loss Aversion

In this episode, Nate weaves personal reflections into an exploration of the human predicament, unpacking a series of chronological insights that have reshaped his worldview. What began years ago as an investigation into oil has morphed into a deep lifelong journey into the complex web of energy, psychology, evolution, and systems that drive today's society. By sharing stories and realizations from his own life, whether it’s the debunking of Wall Street energy illusions or unpacking how sexual selection is often as important a behavioral driver as natural selection, Nate invites listeners to step back and see the human story through a much wider lens.

In this week’s Frankly, Nate outlines four bifurcations that are likely to underpin the human experience in the near future. While the broad biophysical realities of energy and ecology underpin our civilization’s movement over time, in the moment, people will experience these trends mostly economically and psychologically. Whether related to the widening of an already existing economic gap or the expansion of dependence on cognitive crutches like AI, the demographics that comprise society are starting to splinter – to bifurcate. These divergences, and the ways we cope with them, contribute to increasing incoherence as a species.

In this week’s Frankly, Nate considers the ways in which our social species overvalues false-confidence rather than the more honest and inquisitive response of “I don’t know.” He invites us to consider the science behind this cultural bias towards certainty: from our biological response from the stress of “not knowing” to the reinforcing effects of motivated reasoning that ensnares even the smartest among us (especially the smartest among us).