Wednesday, October 31, 2007

Reason Magazine - Resilience vs. Anticipation

Reason Magazine - Resilience vs. Anticipation:

"IN HIS 1988 BOOK, SEARCHING FOR SAFETY, the late UC-Berkeley political scientist Aaron Wildavsky laid out two alternatives for dealing with risk: anticipation, the static planning that aspires to perfect foresight, and resilience, the dynamic response that relies on having many margins of adjustment: "Anticipation is a mode of control by a central mind; efforts are made to predict and prevent potential dangers before damage is done. Forbidding the sale of certain medical drugs is an anticipatory measure. Resilience is the capacity to cope with unanticipated dangers after they have become manifest, learning to bounce back. An innovative biomedical industry that creates new drugs for new diseases is a resilient device. . . . Anticipation seeks to preserve stability: the less fluctuation, the better. Resilience accommodates variability; one may not do so well in good times but learn to persist in the bad."

Here, then, is the basic difference between the valley and the Hub: Viewing the world as predictable and itself as the center of the universe, Boston has encouraged strategies of anticipation. People try to imagine everything that might go wrong and fix it in advance. But in Silicon Valley, there are no certainties. The future is open and subject to upheaval. Resilience is the strategy of choice. People do the best they can at the moment, deal with problems as they arise, and develop networks to help them out.

The positive side of anticipation is that it encourages imagination and deep thought, the stuff of intellectual life. And it is good at eliminating known risks. It can build confidence, appropriate in a city whose leading business manages the life savings of America's middle class. "Just look at the name: Fidelity," says Hutchinson. "Rock solid, New England." Building Fidelity Investments meant not just hiring good fund managers but getting customers to trust impersonal computers, phones, and customer-service systems as they'd once trusted the neighborhood banker. Anticipation makes such systems reliable."