Reduced Cognitive Bias

Humans are naturally wired to think in analogies. We look at past experiences and compare them to present challenges, which can often lead to false equivalencies and inherited biases. First principles thinking cuts through these biases by ignoring analogies and focusing on what can be scientifically or logically verified. This minimizes cognitive distortions, like the sunk cost fallacy or groupthink, that often cloud our judgment. For example, many industries adhere to “industry standards” simply because they’ve always been that way.