Why do so many organisations make such bad decisions? Have you ever been on the sharp end of dreadful blunders? Do you ever wonder “why can’t people do things better?” If so Daniel Kahneman is the man for you. He’s spent a lifetime studying decision making and group behaviour, and must know a bit about it, because they gave him a Nobel Prize for it back in 2002. A younger generation will recall his bestseller Thinking Fast and Slow, to which we also link below. Now he’s at it again in a new work Noise:A Flaw in Human Judgement*: not bad for an 87 year old who started life as a refugee from the Nazis in occupied France.
We won’t spoil the excellent interview article by Tim Adams of The Guardian which you should click to * at once. But there was one killer quote which we couldn’t resist:
It takes a long time to educate intuition.
When we consider how many people live their lives by intuition, and that much of their information comes from rubbish noise and emotional outpouring on the internet, we tremble for the future. Perhaps the only hope lies in the wisdom of people like Kahneman.
We thank Mr Peter Seymour for recommending today’ s blog. He further advises you to listen to a programme which Kahneman made recently: we hope our link to BBC sounds works for you.
Daniel Kahneman: ‘Clearly AI is going to win. How people are going to adjust is a fascinating problem’ | Science and nature books | The Guardian
Daniel Kahneman: Thinking Fast and Slow Penguin 2012
Daniel Kahneman Olivier Sibony and Cass R Sunstein Noise: a Flaw in Human Judgement Harper Collins 2021
#psychology #management #decisions #AI