Teaching Risk Literacy and Frequencies

Psychologist Gerd Gigerenzer explains the power of intuition, how intuition became gendered, what he thinks Kahneman and Tversky's research agenda got wrong, and why it's a mistake to place intuition and conscious thinking on opposing ends of the cognition spectrum. Topics he discusses in this wide-ranging conversation with EconTalk's Russ Roberts include what Gigerenzer calls the "bias bias"--the overemphasis on claims of irrationality, why it's better to replace "nudging" with "boosting," and the limitations of AI in its current form as a replacement for human intelligence and intuition.