80,000 Hours Podcast cover image

#180 – Hugo Mercier on why gullibility and misinformation are overrated

80,000 Hours Podcast

00:00

Trust = Competence + Aligned Incentives

Trust is built on two main dimensions - competence and aligned incentives. Competence refers to the likelihood of someone sharing accurate beliefs based on their expertise and how well-informed they are. Aligned incentives are crucial in building trust as it determines if someone will share accurate beliefs with you based on their short-term and long-term incentives. Short-term incentives involve the immediate gains from a specific message, while long-term incentives focus on mutual interest and benefits from a relationship. Trust is established when there is a balance between competence and aligned incentives.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app