Expected value Memes

The math nerds are cackling right now. Anyone who paid attention in stats class knows the green button is worth $25 million in expected value (50% × $50M), while the red gives you a guaranteed $1M. Yet most humans grab that red button faster than a tenure committee rejecting new ideas. It's the perfect illustration of why casinos exist—our monkey brains would rather have one banana now than a 50% chance at 50 bananas later. The same reason your research grant proposal got rejected in favor of something "practical."