Danny Kahneman: “Noise: A Flaw in Human Judgment”

Harry talks with the great and highly influential psychologist Danny Kahneman, who won the Nobel Prize for his groundbreaking work on irrationality and the deep flaws in human decision-making. Along with two co-authors, Kahneman has recently published a work on a whole new source of irrationality, namely the “noise” that results from variability in a wide range of judgements that we wrongly consider to be objective. Kahneman considers noise to be as significant if not more a source of flawed judgments as bias, the source of his previous works including “Thinking Fast and Slow.” In this wide-ranging discussion, Harry and he discuss the concept, its origins, ways to reduce noise.
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TALKING FEDS is a roundtable discussion that brings together prominent former government officials, journalists, and special guests for a dynamic and in-depth analysis of the most pressing questions in law and politics.
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[@blackbeard6423]

This book is HUGE. The commercial consequences of noise over time is massive. It is largely ignored and not even spoken about in the corporate world.

[@TompeThomasH]

Wow I find maaany solid points for using structured approaches for group decisions (washing hands) such as Five to Fold decision making!

[@THEE_Kisywisy]

LOL at ‘some random guy showed me how to use the espresso machine. The next day he won a Nobel prize’ 😂😂😂 You crack me up LOVING this channel Love from Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿

[@THEE_Kisywisy]

@@stephrainspirite9985 I wasn’t mocking. I was laughing at his funny real life story. The ‘random guy’ Danny Kahneman

[@stephrainspirite9985]

❤️

[@jaelo2314]

Wonderful conversation!

[@stephrainspirite9985]

wow on the variability!!!!! Great interview Harry.

[@LS-kg6my]

Fascinating!! Thank you for this. Loving your logical podcast

[@AbdulRahman-pw6np]

Well deserved Noble Prize Dr. Dany 👍

[@jenniferstone2975]

Outstanding discussion! Thought provoking!

[@kimmcroberts5111]

Thank you for your work!

[@TheCynthiaRice]

Very interesting talk.

[@testpattern098765432]

Thanks for this interview. I think the interviewer was nervous interviewing one of his heroes, but Danny was patient.

[@jaelo2314]

The word noise threw me off. But as we go along it's falling into place nicely. Especially in relation to the law.

[@sher152]

Great interview. This man calls it noise and I call it chatter. I make better decisions by not engaging with the chatter.

[@sbeckwit]

What is the "correct answer" around which the "Noise" is clustered and from which the bias deviates, in this theoretical framework? How is the "Bulleye" determined? Who owns the definitive viewpoint here?

[@TheAccentPodcast]

This might be the latest interview Kahneman have. RIP

[@notruehippie]

I'll have to watch this more than once. And then get the book, I guess.

[@THEE_Kisywisy]

Sounds like he was using Pythagoras theory to explain error.

[@pdub2253]

So are conspiracy theories noise about biased views???