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The emerging confidence gap

Tourists walk on the aerial cables bridge at the tea park in Enshi Tujia and Miao Autonomous Prefecture, Hubei Province of China.
Photo: VCG/VCG via Getty Images

Confidence of institutions in their decisions is growing at precisely the same time societal trust is eroding.

Many of today’s most important business initiatives share an interesting paradox. Clean energy, AI deployment, and re-industrialization strategy are often supported by unprecedented levels of technical expertise, financial backing, and governmental support. Yet many also encounter growing societal resistance, leading to delays and in some cases cancellation.

The common explanation

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