People who have new ideas are threatening to the status quo

The status quo is not necessarily a bad thing, because it (usually) kind of works.^[1] So when a visionary shows up with a poorly explained idea (perhaps a faint signal from the future, or perhaps not) that threatens everything that is working, loss aversion kicks in to create a powerful Status Quo Bias: the predisposition to keep doing what we are doing now.

#innovation #paradigms

See also:

• Visionaries and pragmatists are fundamentally different in how they think
• Status quo bias favors the current state
• Efficiency is purchased by a loss in flexibility
• Disruptive innovation is antithetical to good management