This document discusses how fear can breed both innovation and problems. It notes that fear has historically driven innovation in areas like defense technology during the Cold War, security after 9/11, and renewable energy due to climate change fears. However, institutionalizing fear can also lead to issues like rebellion, mistrust, conspiracy theories, and a loss of rational thinking. The document advocates balancing perspective when leveraging fear to drive solutions.
5. Fear is Powerful Tool
• Arms Race during the Cold War- gave rise to a whole new breed of
weapons and drove innovation to new heights
• Y2K fear gave a booster shot to IT- drove the commercialization of
internet and made it available to consumers. Technology- From Tactical to
Practical
• 911 and the terror threat- the fear of terrorism resulted in further
innovations in the security business, IT enabled technology. Increased
defense spending and thus increased innovation- In 2005 the global
defense expenditure was just 6% less than the Cold War peak, 1987-
1988
• Climate Change fear – is driving the demand for renewable energy,
alternative lifestyle, replacement of highly polluting and outdated
industrial establishments, and energy efficient products and services
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15. Problem of Institutionalizing Fear
• Rebellion develops
• Mistrust and Propaganda
• Conspiracy Theories
• Guilt contempt and hate
• Logic and rationality are lost
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16. Psychological Impact
• CCAD-Climate Change Anxiety Disorder
• TEOTWAWKI -The End Of The World As We
Know It syndrome
• People lashing out those who use SUV’s and
imposing “Ecofriendly” lifestyle on others
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