We tend to prefer people who are confident even if they're falsely confident. The stock pickers we pay attention to are the ones who express the most confidence or sort of pretend that they have the most knowledge and don't admit to any uncertainty. But on the other hand, the weather forecaster says 50% chance of rain should be paid attention to because that's actually a historically accurate forecast. It would be nice if they can get up to 100% and 0% being their only forecast but until we're there we shouldn't be pretending to know more than we do.
In this episode of the You Are Not So Smart Podcast we discuss the illusion of knowledge with Christopher Chabris, co-author of "The Invisible Gorilla." After that, we eat a triple-ginger molasses cookie while discussing non-believed false memories.
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