Trust underwrites institutional legitimacy and market viability, amplifies organizational efficiency, and reduces collaborative frictions. A form of intangible capital, it enhances compliance, resilience, and performance. We must therefore view the ongoing collapse of trust in our core institutions as an erosion of critical socioeconomic infrastructure.
Compendium
Jun 23, 2025Collective decision making is a fact of modern industrial societies, and the assignment of individual “accountability” for collective decisions is, more obviously every year, a bogus exercise which few take seriously. This slogan, hard to definitively track down but widely attributed to an IBM training manual from the late 1970s, seems to effectively summarise a lot of people’s anxieties about artificial intelligence in general management.
