While following the 2024 election, specifically the GOP primary, a crucial non-political dialogue emerges about the fractures within our society. Importantly, I am not predicting elections nor attempting to judge any one viewpoint. However, as business leaders and innovators, it is crucial to grasp market dynamics and societal psychology. Without this understanding, we risk navigating blindly towards our goals. The crucial trend of the last few years is that the traditional assumption of a shared societal narrative has given way to a fractured narrative, with multiple alternate universes coexisting.
The Internet and social media promised unprecedented connectivity, suggesting an informed populace and democratic decisions. However, our experience (informed by science) has revealed a stark reality: our society experiences unprecedented fractions, with groups existing in divergent realities. To comprehend this, we must trace the historical circumstances that shaped our fractured zeitgeist.
Examining the dissemination of information throughout human civilization, social psychology introduces the "Circle of Trust," where information is most trusted among close circles. Evolving communication mediums have blurred these circles, leading to biased trust in certain sources.
Our trust systems have been short circuited by social media and decisions by news, media, and political organizations over the last 50 years such that today trusted sources align with our pre-existing beliefs, reinforcing biases and contributing to our fractured societal reality.
In data analytics, the importance of quality data is paramount. Analogously, our fractured zeitgeist lacks a primary source that we can use to measure quality against, leaving us untethered from a shared reality. While there may not be a one-size fits-all solution to this societal challenge, preventing its exacerbation is within our capacity. Recognizing this issue as business leaders and innovators allows us to instill basic morality, validated data, and scientific principles as beacons of reality within our organizations and communities. In an era of grand uncertainty, intelligent leadership becomes synonymous with data-driven decision-making and a holistic humanist perspective.