The diversity and uniqueness of individuals is often celebrated for bringing creativity and innovation. However, when it comes to making judgments, diversity can be problematic. When different doctors give different diagnoses, instead of appreciating the diversity, we question the correctness of their answers. This is known as pattern noise, where people's personal histories, biases, and sensibilities influence their judgment. Pattern noise is not good news as it creates inconsistency and uncertainty in decision-making.
Daniel Kahneman shot to fame in 2002 when he won the Nobel prize in economics for his work on the psychology of human judgment and decision-making. In 2022 he joined us on the Intelligence Squared, alongside with his co-author Olivier Sibony, to discuss how businesses and governments can make smarter, swifter and more accurate decisions in our increasingly frenetic world. Our host for this event was journalist and presenter Ritula Shah.
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