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10 Books You Should Read This Summer

Leading Blog

Noise: A Flaw in Human Judgment by Daniel Kahneman, Olivier Sibony and Cass R. Gladwell asks, “How is it that, sometimes, for any number of unexpected and random reasons, technology slips away from its intended path?” Wherever there is judgment, there is noise. It is variability in judgments that should be identical.

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Do We Hold Algorithms To Higher Standards Than Humans?

The Horizons Tracker

Recently the World Economic Forum pondered whether organizations should be hiring an AI Ethics Officer to ensure that the algorithms being developed made fair and ethical decisions. “This could deepen existing structural injustices, skew power balances further, threaten human rights and limit access to resources and information.”

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Crack the Leadership Code

Skip Prichard

Daniel Kahneman. Technology has connected more people in more places at more times than ever before. Is it possible to develop empathy? The not so good news is that cognitive empathy needs to be developed. A key to developing curiosity is inquiry. I recently spoke with him about his work. Oprah Winfrey.

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Why Companies Are Betting Against Big Ideas

Harvard Business Review

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

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When Human Judgment Works Well, and When it Doesn’t

Harvard Business Review

A number of people noted that Nobel prize-winner Daniel Kahneman’s work, nicely summarized in his 2011 book Thinking Fast and Slow , influenced their thinking a great deal. What’s really interesting, though, is that the two of them ended up in complete agreement about the conditions required for good intuition to develop.

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How to Improve Your Decision-Making Skills

Harvard Business Review

Daniel Kahneman, who won a Nobel Prize in economics for his work on cognitive biases, points out in an HBR article that a team that has fallen in love with its theories may unconsciously ignore or reject contradictory evidence, place too much weight on one piece of data, or make faulty comparisons to another business case that suits its bias.

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An Exercise to Get Your Team Thinking Differently About the Future

Harvard Business Review

Daniel Kahneman, the Nobel Prize-winning economist and author of Thinking, Fast and Slow , observed that decision makers get stuck in a memory loop and can only predict the future as a reflection of the past. Thinking about the future is hard, mainly because we are glued to the present.