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Do We Hold Algorithms To Higher Standards Than Humans?

The Horizons Tracker

Recently the World Economic Forum pondered whether organizations should be hiring an AI Ethics Officer to ensure that the algorithms being developed made fair and ethical decisions. The authors highlight the numerous examples of this that have themselves received considerable publicity in recent years. The importance of noise.

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The Surprising Power of Business Experiments

Skip Prichard

If you want to learn how to develop an experimentation organization, read on. Daniel Kahneman. For centuries, we’ve built and organized scientific and technological knowledge through testable explanations and predictions. I enjoyed my discussion about all things experimentation. “If ” -Stefan Thomke.

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Crack the Leadership Code

Skip Prichard

Daniel Kahneman. Technology has connected more people in more places at more times than ever before. Is it possible to develop empathy? The not so good news is that cognitive empathy needs to be developed. For example, Kyle is an EVP of large bank. A key to developing curiosity is inquiry. Oprah Winfrey.

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When Human Judgment Works Well, and When it Doesn’t

Harvard Business Review

In a meta-analysis conducted by William Grove and colleagues of 136 research studies, for example, expert judgments were clearly better than their purely data-driven equivalents in only eight cases. Anesthesiologists are therefore in a better position to develop useful intuitive skills.” Why is this?

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Why Companies Are Betting Against Big Ideas

Harvard Business Review

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

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How to Improve Your Decision-Making Skills

Harvard Business Review

Daniel Kahneman, who won a Nobel Prize in economics for his work on cognitive biases, points out in an HBR article that a team that has fallen in love with its theories may unconsciously ignore or reject contradictory evidence, place too much weight on one piece of data, or make faulty comparisons to another business case that suits its bias.

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Why Western Digital Firms Have Failed in China

Harvard Business Review

Google, for example, has succeeded in dominating many foreign markets that have radically different political systems and cultures (including Indonesia, Thailand, and Saudi Arabia). imposing technological platforms developed for the U.S. failure to develop and communicate business strategies effectively. market on China.