Story of Herd Instinct

When a series of pine caterpillars are placed in a circle that form end-to-end and each will follow the caterpillar in front of it around the circle indefinitely. Inspite the food being placed in the center of the circle, but the caterpillar continue to circle until they die from starvation.

This story often left me with a thinking, how many a times we lead a life like Pine Caerpillar without imagination? If one continues to lead life without imagination each of us tasting success would be difficult. If this to be believed true, are we adhering to herd instinct?