Why Time Has Slowed
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The perception of time
There’s a common idea that time feels like it speeds up as you age.
The theory is that the perception of time relies on the number of memories formed in a period. The more new and surprising experiences, the slower time feels.
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Time slowed
Time seems like it slowed in March because many of us are being bombarded with new and surprising experiences.
- We learned that shaking hands could be deadly.
- That the economy can stop overnight.
- How isolating lockdown can feel.
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Two likely outcomes
- Surprise will sear the events of the last month into our heads permanently. The amount of surprise felt in the previous month means this is a life-defining event that will reshape the world. It will end up similar to the Great Depression or World War II.
- Surprise will increase the demand for forecasts. The correct lesson to learn from surprises is that the world is surprising. But a natural response is to cling to any remaining impressions of certainty. The desire to know what will happen next feels urgent.
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