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Tom Bilyeu's Impact Theory

Mass Psychosis: How An Entire Population Becomes Stupid & How To Get Ahead Of Everyone | Dan Ariely PT 1`

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.75.2K Ratings

🗓️ 31 October 2023

⏱️ 87 minutes

🧾️ Download transcript

Summary

Welcome to Impact Theory where I like to bring in guests that will challenge your thinking and help you rise to the occasion of defining your purpose and thoughtfully choosing how to live life well.

Today, I’m unpacking the complexity of human rationale and the lack of it as we encounter more global conflicts and people are seemingly losing their minds. The buffet of misinformation which my guest today calls “corrosive” information is highly triggering one-sided social media arguments taken as truth based on number of likes and shares, and biased news outlets that exist to turn profits pushing watered down information in the new era of headline consumption.

Mis-information overload is quite literally rotting the brains of people around the world at alarming rates.

Dan Ariely, not only challenges the status quo with his groundbreaking research into human irrationality at Duke University, he also confronts the mass psychosis and misinformation epidemic, using his profound understanding of behavioral economics and personal experiences to shed light on our predictably irrational patterns of thought.

Check out Dan’s latest book, Misbelief, What Makes Rational People Believe Irrational Things: https://www.amazon.com/Misbelief-Rational-People-Believe-Irrational/dp/0063280426 


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Transcript

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0:00.0

Global conflict is on the rise because people are losing their minds. If you are eating a daily buffet of information that's been highly processed by social media and the news, you are going to break your own brain. Just like how highly processed food destroys your body, a junk food diet of triggering slanted information is going to destroy your ability to think well. You've got to train yourself to avoid traps and

0:22.1

see through the BS. To that end, behavioral economist Dan Ariely and I dive into how to think

0:27.5

clearly, even in dangerous times. So the breathing ground from misbeliefs is stress. And I don't mean

0:35.4

the stress of, I'm so busy. The stress is like Job. I don't mean the stress of I'm so busy.

0:39.5

The stress is like Job.

0:42.0

I don't understand the world.

0:44.1

Why is the world not better to me?

0:47.0

Why are things not working my way?

0:50.5

Why is my significant other so unhappy with me?

0:52.4

My kids, my work, why is health?

0:57.4

I mean, across the range. And now, what happens in those conditions of stress? People feel a need for an answer. Even just cognitively,

1:05.2

you know, if we give people a picture with black, white, and gray dots,

1:10.9

what's called white noise, right, just dots.

1:13.1

And we say, do you see a pattern?

1:16.0

The more stressed people are, the more they see a pattern.

1:18.9

When people go parachuting,

1:20.9

the closer they are to jumping, the more they see patterns.

1:23.7

Interesting.

1:24.3

When there's violence in the country, the more people see patterns.

1:26.9

So we need a story.

1:29.3

We need to, like the stress of what is going on here.

1:33.3

We want to resolve it.

...

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