I use it to mean that the more people trust each other, the quicker things get done. Maybe the statement can be rephrased as "progress happens at the speed of trust" to avoid the specific scientific connotation.
Importantly, there are many business processes today that are already limited by lack of trust. That's not necessarily a bad thing either - checks and balances exist for a reason. But it does strongly suggest that increasing "productivity" by dumping more inputs into the process is counter-productive to the throughput of the overall system.
Trust is also essential for any form of symbolic information exchange.
Humans communicate using symbols. That could be patterns of sound waves, gestures, or written characters.
If we can't trust that the communicated symbols match their agreed meaning, what is the use of them? Communication breaks down quickly, and being social individuals which inter-depend on others, we can't live without communication. Nobody likes a liar, and the reason is, the words they give us do not match what they mean. (Perhaps not only humans. I read that dolphins readily come and rescue individuals which are drowning - including humans - but they punish individuals which fake drowning.)
And that goes from every stratum of social interaction, from big treaties to selling a bagel. Would you sell a bagel for a fake dollar bill? The number on it is a symbol as well, it has a meaning.
So it is right down one of the very bases of human cooperation.
I use it to mean that the more people trust each other, the quicker things get done.
True not only in innovation, but in business settings.
I don't think there's anyone who works in any business long enough who doesn't have problems getting their job done simply because someone else with a key part of the project doesn't trust that you know what you're doing.
You're not catching on. It's not the trust in the technology, it's the trust between people. Consider business dealings between entities that do not have high trust - everything becomes mediated through lawyers and nothing happens without a contract. Slow and expensive. Handshake deals and promises kept move things along a lot faster and without the expense of hammering out legal arrangements.
LLM leads to distrust between people. From TFA, That concept is Trust - It underpins everything about how a group of engineers function and interact with each other in all technical contexts. When you discuss a project architecture you are trusting your team has experience and viewpoints to back up their assertions.