less wrong
TRANSCRIPT
Less wrongCognitive biases hurts you even if you know about, but it hurts harder if you
don’t care about
Starting new project
we will have biiiiiiiiiig load, may be not now, but must be prepared ASAP
COGNITIVE BIAS
DETECTED
Projection bias
The tendency to overestimate how much our future selves share one's current preferences, thoughts and values, thus leading to sub-optimal choices.
We made overcomplicated system
We need to invest more time to fix it, even if it completly not fit our current business
We made overcomplicated system
We need to invest more time to fix it, even if it completly not fit our current business
COGNITIVE BIAS
DETECTED
Irrational escalation
The phenomenon where people justify increased investment in a decision, based on the cumulative prior investment, despite new evidence suggesting that the decision was probably wrong. Also
known as the sunk cost fallacy.
Omission bias
The omission bias is an alleged type of cognitive bias. It is the tendency to judge harmful actions as worse, or less moral than
equally harmful omissions (inactions) because actions are more obvious than inactions. It is contentious as to whether this represents a systematic error in thinking, or is supported by a substantive moral theory. For a consequentialist, judging
harmful actions as worse than inaction would indeed be inconsistent, but deontological ethics may, and normally does, draw a moral distinction between doing and allowing.[1] The
bias is usually showcased through the trolley problem.
Bias blind spot
The tendency to see oneself as less biased than other people, or to be able to identify more cognitive biases in others than in oneself.