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One cognitive bias is the tendency of a person to regard themself as better than average—even when there is no evidence for that belief. Surveys illustrate this bias: most American...
Negativity bias is the tendency to give more weight to the negative than the positive. For example, people tend to weigh wrongs done to them more heavily than the goodRead More
Confirmation bias, a common cognitive bias, can have a significant impact on our decision-making, particularly in sports betting or gambling. It involves giving more weight to info...
When someone self-professes as a victim, my suspicion alarms sometimes start too early, set to a cautionary low-drone.Continue reading on Medium »
Finally, finals are over, and I’m doing a bushel of grading. The bulk of it is logic exams, which we now give on paper because otherwise, students would cheat using GenAI tools. Ar...
What happens when technology starts reshaping the minds using it? Meet the new class of cognitive biases AI is creating.We have spent decades cataloguing the ways the human mind tr...
Generative AI inherits the biases of its training data, and most users don't notice.
Charlie Munger, the late legendary investor and longtime business partner of Warren Buffett, spent decades studying why intelligent people consistently make terrible financial deci...
For founders, this logical fallacy might be relevant in a variety of scenarios, including hiring, understanding your customer base, and even performance management.
Innate biases shape your emotional responses to life's challenges. Here's how to turn it around.
by Sangkyu Son, Seng Bum Michael Yoo Despite limited access to others’ actions and outcomes, humans excel at inferring hidden intentions. Given only partial access, how do they de...
Volatile markets can trigger emotional investing driven by biases like overconfidence and herd behaviour. Experts explain how to stay disciplined. The post Why emotional biases may...
Have you ever wondered why some people seem to make better financial decisions than others or why some investors consistently build wealth while others get stuck making the same co...
Charlie Munger, the late vice-chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, spent decades studying why intelligent people make terrible financial d...
It's not strategy. It's not funding. It's a cognitive bias called the false consensus effect.
Psychologist and author Steven Pinker has explained why it is that we are so prone to seeing meaningful patterns in randomness and why that can be a problem.
AI systems don’t just process information; they systematically ‘judge’ people in ways that resemble human trust, but with important differences, according to a new study by researc...
Stereotyping is an inescapable habit of the human mind. You are constantly making stereotypes without even knowing it. The mind simply cannot store every detail about everything...
Stereotyping is an inescapable habit of the human mind. You are constantly making stereotypes without even knowing it. The mind simply cannot store every detail about everything...
An experiment demonstrates how survivorship bias can create the illusion of market genius. By selectively sharing successful predictions and discarding failures, a perfect track re...
New findings raise questions about whether AI is personalizing its responses, or if it's giving biased advice that reinforces stereotypes.
Fine-tuning tests show "bias ... toward confidently representing the claims as true."
The psychology of expectations and hopes, and how they distort what’s true.
Как вышло, что опытные венчурные инвесторы Silicon Valley Bank и IT-директора клиентов CrowdStrike принимали решения на основе слухов, игнорируя официальные отчеты и графики? За по...
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