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518: Daniel Kahneman | When Noise Destroys Our Best of Choices
The Jordan Harbinger Show
Social Influence Causes Noise
Jordan Harbinger: Social influence causes noise because of a concept called herding and shifting behavior. He says we can't trust certain experts just because they sound confident or because they have high social status. The last concept that he really liked that I think you'll all enjoy is called bias cascades, which leads to even more bias.
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