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Daniel Kahneman

👤 Person
643 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

And the interesting thing here is that everybody has a number.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

As soon as I told you that thing, a number came to mind.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

Now, we know where that number came from.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

We really, that's one of the few things that I'm reasonably sure I understand perfectly.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

And this is that when you hear she read fluently at age four, you get an impression of how smart she is, of how precocious she was at age four.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

And you could put that in percentiles.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

You know, where does that put her on a percentile for sort of aptitude, ability?

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

And it's high.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

It's not, you know, if she had read fluently at age two and a half, it would be more extreme.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

But age four is pretty high.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

So say at the 90th percentile.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

And then the GPA that comes to your mind is around the 90th percentile in the distribution of GPA.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

So you pick something, your prediction is as extreme as your impression.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

And it's idiotic statistically, completely stupid, because clearly the age at which a child learned to read is not all that diagnostic with respect to GPA.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

So it's better than nothing.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

If you didn't know anything, you would predict the mean GPA, whatever it is, 3.1, 3.2.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

Now, she's bright, so probably a little higher, but not 3.7.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

You don't want to.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

So that's cool.

The Knowledge Project
Daniel Kahneman: Algorithms Make Better Decisions Than You

That's a bias.