In Tetlock’s twenty-year study, both foxes and hedgehogs were quick to update their beliefs after successful predictions, by reinforcing them even more strongly. When an outcome took them by surprise, however, foxes were much more likely to adjust their ideas. Hedgehogs barely budged. Some hedgehogs made authoritative predictions that turned out wildly wrong, and then updated their theories in the wrong direction. They became even more convinced of the original beliefs that led them astray. “Good judges are good belief updaters,” according to Tetlock. If they make a bet and lose, they embrace the logic of a loss just as they would the reinforcement of a win. That is called, in a word: learning. Sometimes, it involves putting experience aside entirely.
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