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Do We Hold Algorithms To Higher Standards Than Humans?

The Horizons Tracker

Indeed, the very fact that we are so frequently discussing the ethical development and deployment of artificial intelligence is a clear and distinct advantage that the technology holds over human decision-making. In other words, there are some things that are just not really possible to know.

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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.

Books 447
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How Can We Rid Biases From Facial Recognition?

The Horizons Tracker

As Daniel Kahneman explains in Thinking Fast and Slow , we often make snap judgments when we first meet people, with these judgments driven in large part by the various biases and heuristics that allow us to shortcut our decision-making.

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The Surprising Power of Business Experiments

Skip Prichard

Daniel Kahneman. For centuries, we’ve built and organized scientific and technological knowledge through testable explanations and predictions. The behavioral economist Daniel Kahneman once noted that “if you follow your intuition, you will more often than not err by misclassifying a random event as systematic.

Power 95
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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. .” This is true, and what’s amazing is that these are exactly the conditions under which algorithms do better than people. Why is this?

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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. I recently spoke with him about his work. We’re blind to our blindness. We have very little idea of how little we know. We’re not designed to know how little we know.” Leaders need to harness the power of these connections.

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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.'.