Daniel Kahneman, Nobel Prize winner, discusses when to trust intuition, finding joy in being wrong, smarter interviewing, and making decisions. They explore reducing misery, the joy of being wrong, learning from habits and cognitive biases, and the role of intuition in decision making.
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Quick takeaways
Society should prioritize reducing misery rather than solely focusing on increasing happiness, addressing mental health issues and considering it a responsibility.
Delaying intuition when making decisions can lead to more accurate and informed decision-making by gathering comprehensive and unbiased information.
Deep dives
The Importance of Reducing Misery
Daniel Kahneman emphasizes that society's focus should be to reduce misery rather than solely pursuing happiness. He argues that reducing misery leads to different policy directions, such as addressing mental health issues, and it should be considered a responsibility of society. Kahneman believes that the objective of policy should be to increase human well-being in general, rather than solely focusing on character or happiness. He highlights the difference between increasing happiness and reducing misery and suggests that society should prioritize the latter.
The Value of Delaying Intuition
Kahneman discusses the benefits of delaying intuition when making decisions. He emphasizes that forming quick intuitions can lead to biased and premature conclusions. By delaying intuition, individuals can gather comprehensive and unbiased information, which can lead to more accurate and informed decision-making. Kahneman acknowledges the importance of intuition in decision-making but suggests that it should be based on a foundation of thorough information gathering.
The Power of Collaboration and Collaboration Dynamics
Kahneman reflects on his collaboration with Amos Tversky and highlights the importance of genuine interest in a collaborator's ideas. He emphasizes the joy of collaboration, particularly when a collaborator understands and enhances one's own ideas. Kahneman also shares the belief that taking pleasure in a collaborator's ideas can be beneficial. He explains that collaboration can offer unique perspectives and insights that can enhance the overall quality of work.
Daniel Kahneman is a Nobel Prize winner who transformed our understanding of the biases that cloud our thinking. In this conversation, he and Adam explore when to trust our intuition and when to second-guess it. Danny explains how he finds joy in being wrong, spells out steps to smarter interviewing, and reveals how he—the master decoder of decision-making—makes decisions. Find the transcript for this episode at go.ted.com/RT-Kahneman
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