Organizations should institutionalize 'storythinking'—deliberate, narrative‑led exploration of low‑probability but high‑impact possibilities—alongside probabilistic forecasting and A/B style evidence. This means funding rapid physical prototyping, counterfactual scenarios, and narrative rehearsals (not just PPE statistical models) to surface paths that probability‑centred methods will systematically miss.
— Adopting storythinking would change how governments and firms evaluate innovation risk, set AI release policy, and allocate R&D funding by making space for plausible, previously unmodelled breakthroughs and failure modes.
Angus Fletcher
2026.01.12
100% relevant
The article’s Lord Kelvin vs. Wright brothers anecdote and the explicit claim that we 'confuse probability with possibility' exemplify why institutions need a practiced, narrative‑driven route from idea to experiment (actor: Wright brothers; quote: 'confusing probability with possibility').
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