What are some real-world examples of feedback loops?

What are some real-world examples of feedback loops?

Feedback loops are processes where the output of a system influences its own input. For example, in climate change, rising temperatures lead to ice melting, which reduces the Earth's albedo and causes further warming.

Can you give me another example?

Sure! In economics, a positive feedback loop can occur when increased consumer spending boosts business profits, leading to more hiring and even more spending.

What about in technology?

In technology, social media algorithms create feedback loops by promoting content that generates engagement, which in turn leads to more of that type of content being shown.

How do feedback loops affect decision-making?

Feedback loops can significantly impact decision-making by providing data that influences future actions, often leading to either reinforcement of successful strategies or correction of unsuccessful ones.