The Self-Perception of Experts

New research on the accuracy of future predictions by people has some interesting findings:

• Experts, largely considered an authority, fared poorly than the novices, due to their overestimating their abilities, something known as the Dunning Kruger Effect.
• People who considered themselves more experienced or educated turned out to be closed-minded and more unlikely to learn from others, leading to a myopic or distorted view of the world around them.