In the realm of innovation and technology, the Matthew Effect can stifle diversity and inclusion. Established players in industries tend to receive more funding and attention for their projects, overshadowing potentially groundbreaking ideas from newcomers or underrepresented groups.
he Matthew Effect reinforces existing power dynamics and exacerbates social inequalities. Those who are already marginalized or disadvantaged face an uphill battle to break the cycle of poverty, discrimination, and exclusion, perpetuating a vicious cycle of disadvantage across generations.
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