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By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Produce
Ones
Heuristic
True
Heuristics
Nature
Biases
Human
Shortcuts
Humans
Artificial
Necessarily
Intelligence

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The concept of happiness has to be reorganised.
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Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.
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Most people are highly optimistic most of the time.
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My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
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People exaggerate their confidence in their plans - something we call the planning fallacy... The existence of the plan tends to induce overconfidence.
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Alternative descriptions of the same reality evoke different emotions and different associations.
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Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an optimistic bias, you hardly need to be told that you are a lucky person - you already feel fortunate.
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The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.
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The illusion that we understand the past fosters overconfidence in our ability to predict the future.
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Hindsight bias makes surprises vanish.
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If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.
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It is the consistency of the information that matters for a good story, not its completeness. Indeed, you will often find that knowing little makes it easier to fit everything you know into a coherent pattern.
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Establish a closing ritual. Know when to stop working. Try to end each work day the same way, too. Straighten up your desk. Back up your computer. Make a list of what you need to do tomorrow.
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People have little idea, by and large, of the investment world. They are convinced they have an advantage.
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