Trust is an ability to invest under uncertainty. If the society or people are transparent then you do need a trust, it does not mean that the society is not trustworthy, indeed the society is more trustworthy. We trust wire transfer because it has more transparency.
@Anna_Swamy_Nageshwar2 жыл бұрын
If the system has more transparency, then you do need a trust to bridge the gap, just you need formal rules. It means the society is more trustworthy.
@susysilvia40373 жыл бұрын
Thank you Rachel
@Anna_Swamy_Nageshwar2 жыл бұрын
The last conclusion is not entirely true, we trust ATM machines more than the human cashier in the bank. We trust people who make decisions without deliberation, I guess we use the same logic in machines as well. It all boils down to the machines just replicating what is in the culture and what kind of society we are in.
@TheBlackClockOfTime5 жыл бұрын
Real smart to mix up politics into talking about trust.