5min chapter

No Stupid Questions cover image

150. Why Do People Get Scammed?

No Stupid Questions

CHAPTER

The Role of Confirmation Bias in Scams

There is also the element of confirmation bias. We want to believe, for example, that we're the kind of people who would help others out when they're really in need. So if somebody says something flattering to you or says that you have a family fortune locked up in Nigeria, that might be something that you want to believe. But I don't know that anybody wants to believe that their grandson is in jail and needs bail. There are other biases like self-serving bias or positivity bias. Then there's one more, which is that human beings are like causation machines,. And so some of the most famous con men were Victor Luzstig; he heard how expensive it was

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode