Two Phenomena That Can Result In Not-So-Wise Crowds - Deepstash
Two Phenomena That Can Result In Not-So-Wise Crowds

Two Phenomena That Can Result In Not-So-Wise Crowds

  • The tendency of our brains to produce unconscious biases. From cognitive biases to errors in decision-making and forecasts, the human brain has evolved for greatness but has preserved countless biases.
  • The human inclination for social learning. If by nature we look to others for information and clues about what is true and, these individuals we consult carry inherent biases, it is inevitable that falsehoods will sometimes increase when individuals come together.

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