By their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones. Daniel Kahneman artificialbiaseheuristic Change image and share on social
I think one of the major results of the psychology of decision making is that people's attitudes and feelings about losses and gains are really not symmetric. So we really feel more pain when we lose $10,000 than we feel pleasure when we get $10,000. Daniel Kahneman 000attitudedecision share on social
There is a huge wave of interest in happiness among researchers. There is a lot of happiness coaching. Everybody would like to make people happier. Daniel Kahneman coachhappinesshappy Change image and share on social
It's very easy for trusted companies to mislead naive customers, and life insurance companies are trusted. Daniel Kahneman companycustomereasy Change image and share on social
There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities. Daniel Kahneman focusindividualinvestment Change image and share on social
Divorced women, compared to married women, are less satisfied with their lives, which is not surprising. But they're actually more cheerful, when you look at the average mood they're in in the course of the day. Daniel Kahneman averagecheerfulcompare share on social
People just hate the idea of losing. Any loss, even a small one, is just so terrible to contemplate that they compensate by buying insurance, including totally absurd policies like air travel. Daniel Kahneman absurdairbuy Change image and share on social
Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long; that means that, you know, in a life there are about 600 million of them; in a month, there are about 600,000 - most of them don't leave a trace. Daniel Kahneman 000calculateleave share on social
The concept of happiness has to be reorganised. Daniel Kahneman concepthappinessreorganise Change image and share on social
The idea that you can ask one question and it makes the point - well, that wasn't how psychology was done at the time. Daniel Kahneman ideamakepoint Change image and share on social