3min chapter

The Jordan Harbinger Show cover image

518: Daniel Kahneman | When Noise Destroys Our Best of Choices

The Jordan Harbinger Show

CHAPTER

Is There a Bias in Algorithms?

The main characteristic of algorithm is that they are noise free. When you present the same problem twice, you're going to get exactly the same answers. That gives algorithm or rules a basic advantage over human judgment. In many situations in which the algorithm, there is no algorithm that can compete with the human judge.

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