When researching the biggest bluff, I met this man who's a really fascinating thinker whose name is Frank Lance. A lot of people when they're designing games, they design the probabilities incorrectly on purpose because they know that the human mind doesn't experience real probabilities in a good way. So he thinks that it would actually be better just to judge, well, I've done this the last three times and I know that I should do it only three out of four times. Next time with 100% probability, I'm going to do the other thing.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode