The following is a conversation with Daniel Cotman, winner of the Nobel Prize in Economics

for his integration of economic science with the psychology of human behavior,

judgment, and decision making. He's the author of the popular book Thinking Fast and Slow

that summarizes in an accessible way his research of several decades,

often in collaboration with Amos Tversky, a cognitive biases, prospect theory, and happiness.

The central thesis of this work is the dichotomy between two modes of thought,

what he calls system one, his fast, instinctive, and emotional,

system two is slower, more deliberative, and more logical. The book delineates cognitive biases

associated with each of these two types of thinking. His study of the human mind and his peculiar

and fascinating limitations are both instructive and inspiring for those of us seeking to engineer

intelligent systems. This is the Artificial Intelligence Podcast. If you enjoy it,

subscribe on YouTube, give it five stars and apple podcasts, follow on Spotify,

support it on Patreon, or simply connect with me on Twitter,

Alex Friedman spelled F-R-I-D-M-A-N. I recently started doing ads at the end of the introduction.

I'll do one or two minutes after introducing the episode and never any ads in the middle

that can break the flow of the conversation. I hope that works for you. It doesn't hurt

the listening experience. This show is presented by CashApp. The number one finance app in the

App Store. I personally use CashApp to send money to friends, but you can also use it to buy,

sell, and deposit Bitcoin in just seconds. CashApp also has a new investing feature. You can buy

fractions of a stock, say $1 worth no matter what the stock price is. Broker's services are provided

by CashApp investing a subsidiary of Square and Member SIPC. I'm excited to be working with

CashApp to support one of my favorite organizations called First. Best known for their first robotics and

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