Daniel Kahneman, a Nobel Prize-winning psychologist and author of *Thinking, Fast and Slow*, dives into the complexities of decision-making. He discusses when to trust intuition and the joy found in being wrong. Kahneman emphasizes embracing mistakes as opportunities for growth, critiques the focus on mere happiness in society, and underscores the importance of inclusion in decision-making processes. He shares insights on improving hiring practices through a blend of intuition and structured approaches.
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insights INSIGHT
Focus on Misery
Focus on reducing misery, not increasing happiness.
Miserable populations and happy populations are different, so address misery directly.
volunteer_activism ADVICE
Address Misery Directly
Don't just accept people's conditions and try to improve their feelings.
Focus on changing circumstances and addressing misery directly.
insights INSIGHT
Suffering Concentration
People are in a positive state most of the time.
Suffering is concentrated in a smaller percentage of the population.
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In this book, Daniel Kahneman takes readers on a tour of the mind, explaining how the two systems of thought shape our judgments and decisions. System 1 is fast, automatic, and emotional, while System 2 is slower, effortful, and logical. Kahneman discusses the impact of cognitive biases, the difficulties of predicting future happiness, and the effects of overconfidence on corporate strategies. He offers practical insights into how to guard against mental glitches and how to benefit from slow thinking in both personal and business life. The book also explores the distinction between the 'experiencing self' and the 'remembering self' and their roles in our perception of happiness.
Noise
A Flaw in Human Judgment
Olivier Sibony
Daniel Kahneman
Cass R. Sunstein
The book highlights the detrimental effects of noise in various fields such as medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Noise is defined as random or chaotic deviations from targeted behavior, which can lead to inconsistent judgments even among the same individuals under different conditions. The authors provide research-based insights and practical solutions to reduce both noise and bias, aiming to improve decision-making in multiple areas of life and 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
Worklife with Adam Grant 
