518: Daniel Kahneman | When Noise Destroys Our Best of Choices
The Jordan Harbinger Show
Jordan Harbinger
4.8 • 12.3K Ratings
🗓️ 7 June 2021
⏱️ 64 minutes
🧾️ Download transcript
Summary
Daniel Kahneman is a celebrated psychologist, economist, Nobel Prize winner, and author of the much-lauded Thinking, Fast and Slow and his latest, Noise: A Flaw in Human Judgment.
What We Discuss with Daniel Kahneman:- Why we don’t always produce the same results when faced with the same facts on two different occasions.
- How noise -- in this context, variability in judgments that should be identical -- influences our choices.
- How the detrimental effects of noise in medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection can ruin (and even end) lives.
- How to tell the difference between noise and good old-fashioned bias.
- How we can reduce the role of noise and bias in our lives to make our best choices.
- And much more...
Full show notes and resources can be found here: jordanharbinger.com/518
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Transcript
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| 0:30.0 | Coming up next on the Jordan Harbinger Show. |
| 0:33.0 | It's not a matter of judgment. |
| 0:35.0 | So in matters of judgment, some level of noise is always expected. |
| 0:40.0 | Otherwise, it wouldn't be judgment. |
| 0:42.0 | So the big thing here is that there's a lot more noise than people expect. |
| 0:49.0 | So, you know, our motto and summarizing what we'd learned was, |
| 0:53.0 | wherever there is judgment, there is noise. |
| 0:56.0 | And there's a lot more of it than you think. |
| 1:02.0 | Welcome to the show. I'm Jordan Harbinger. |
| 1:04.0 | On the Jordan Harbinger Show, we decode the stories, secrets, and skills of the world's most fascinating people. |
| 1:09.0 | We have in-depth conversations with people at the top of their game, astronauts, and entrepreneurs. |
| 1:14.0 | Spies and psychologists, and even the occasional journalist turn poker champion, |
... |
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