Confidence, Experience & the Curse of Knowledge
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The document discusses cognitive biases and heuristics, particularly the 'curse of knowledge' and the Dunning-Kruger effect, illustrating how individuals often misjudge their own abilities and the knowledge of others. It contrasts this with impostor syndrome, where high achievers attribute their success to luck or external factors rather than their own abilities. Overall, it emphasizes the importance of self-awareness and recognizing one's value and capabilities.
Confidence, Experience & the Curse of Knowledge
- 1. INSPIRING BIAS CONFIDENCE, EXPERIENCE, & the Curse of Knowledge...
- 2. Tortoises arent as awesome as T-rexs, but theyve lasted much longer...
- 3. Simply put - In evolutionary terms ITS GOOD TO BE LAZY : )
- 4. With that in mind its useful knowing how we spend our energy...
- 6. So.. How much does thinking cost?
- 7. OUR BRAIN 2% of our body weight Burns ~320cal daily: = 20% Total energy expenditure = 33% Base energy consumption
- 8. weve evolved to avoid it as much as possible
- 11. COGNITIVE BIASES THEY AFFECT ALL OF US
- 13. Youre in Phuket enjoying a dip in the sea
- 15. What do you do?
- 17. Did you have to think about it?
- 19. FIGHT-OR-FLIGHT responses are the evolutionary grandfather of heuristics They FORCE us to make survival decisions, LITERALLY WITHOUT THINKING You live here
- 21. What COGNITIVE BIASES that weve discussed here before do you remember?
- 23. Today were going to look at Heuristics related to KNOWLEDGE & EXPERIENCE
- 24. Lets begin with a little game Think about a FAMOUS SONG A REALLY SIMPLE ONE e.g. Twinkle, twinkle..., Happy birthday..., Jingle bells..., etc.
- 26. PLEASE WRITE DOWN YOUR GUESSES (% to guess song)
- 27. TAP ON EACH OTHERS HANDS
- 29. 50% 2.5%
- 31. When were tapping, were hearing the tune in our heads. But our listener is only hearing Morse code...
- 32. THE CURSE OF KNOWLEDGE When we communicate with others we naturally assume they have the knowledge needed to understand us.
- 33. The more we know about a thing, the harder it is for us to imagine not knowing about it, & the worse our assumptions regarding others knowledge of it This is why giving directions is so hard...
- 34. But THE CURSE OF KNOWLEDGE doesnt end there...
- 36. One morning in 1995, Wheeler robbed 2 banks in Pittsburgh without bothering to wear a mask. Three months later Police broadcast the CCTV footage and a tip led to Wheelers arrest within hours. When cops showed up on his doorstep, the only thing he could say was, ...But I wore the juice.
- 37. Wheeler was aware lemon juice could be used to create an invisible ink. By the same logic, he reasoned, if he rubbed lemon juice over his face, it would turn invisible as well...
- 38. Wheeler would have been quickly forgotten, but his story caught the eye of social psychologists David Dunning and Justin Kruger who were researching ILLUSORY SUPERIORITY - A cognitive bias where people overestimate their own abilities, in relation to the abilities of others As a result of their work the pair identi鍖ed a new cognitive bias, now known as THE DUNNINGKRUGER EFFECT
- 39. ...People with substantial, de鍖cits in their knowledge or expertise lack the ability to recognize those de鍖cits and, therefore, despite making repeated errors, they think theyre performing competently when they are not
- 40. ...If you're incompetent, you can't know you're incompetent ... The skills you need to produce a right answer are exactly the skills you need to recognize what a right answer is. David Dunning
- 41. Meet Pablo Casals Casals is considered one of the greatest cellists of all time. In 1963 president John F. Kennedy awarded him the Presidential Medal of Freedom.
- 42. In a 1957, when Casals was 81, he was asked by director Robert Snyder who was 鍖lming a documentary about him, why he still practiced 4-5 hours daily. Casals replied: Because I think I am making progress
- 43. This humble and charming admission is our segway into Imposter Bias - The mirror to Dunning-Kruder
- 44. In 1978 Dr. Suzanne A. Imes and Dr. Pauline R. Clance interviewed 150 high-achieving women and discovered many ascribed their success to Luck Good timing Others over-estimating them Etc...
- 45. The women had no internal recognition of their own accomplishments. THEY FELT LIKE FRAUDS
- 46. Following their study Clance and Imes de鍖ned IMPOSTOR SYNDROME as an individual experience of self-perceived intellectual phoniness (fraud)
- 47. So what have we learned?
- 48. The dumbest guy in the room right now, is too stupid to realize how dumb he is.
- 49. Please be kind to him - its not his fault. I was born this way
- 50. The smartest people in the room right now, probably feel theyre just lucky.
- 51. Remember youre here for a reason. In your business. In your life. YOU MADE THIS HAPPEN
- 52. You are better and smarter than you think you are. You know more than you give yourself credit for.
- 53. YOU ARE WORTHY!
- 54. THANK YOU!