4min chapter

The Joe Walker Podcast cover image

Rational Minds Part 5: Heuristics Make Us Smart - Gerd Gigerenzer

The Joe Walker Podcast

CHAPTER

The Probabilistic Revolution: Taming Uncertainty

Probabilistic revolution is about taming uncertainty by probability theory. But tools that you can use to tame uncertainty are not the same as those for risk. In Salag's world a small world, bad is a world of risk, is defined. So here the set of future states may not be known and their consequences may not be know. Does uncertainty sit on a continuum or is it binary?

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