News
Reality distortion fields shape investor perception
Apple’s iPhone launch demo was aided by a “golden path” that made the prototype appear functional, driving an 8% share surge despite the product not being ready. The piece contrasts Steve Jobs’s persuasive tactics with Elizabeth Holmes’s false claims about Theranos’s blood‑testing mini‑lab, noting her conviction and the legal consequences she faced. It references the documentary “You Can See Everything” that explores Holmes’s reality distortion and draws parallels to entrepreneurial optimism, citing Daniel Kahneman’s view of such optimism as a driver of capitalism.