Hey all,
This is a part of a presentation I did for a private group. I've explained briefly what Lollapalooza Effect is and how these projects are using different human biases like Greed, Survivorship Bias, Authority Bias, Anchoring Effect, Dunning-Kruger Effect, Confirmation Bias..
If you guys find this video useful, I will create more content explaining the psychological effects this environment creates on the user and what the user can do to not be trapped.
Enjoy
