How To Stay Smart In A Smart World
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How To Stay Smart In A Smart World
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Author : Gerd Gigerenzer
language : en
Publisher: MIT Press
Release Date : 2022-08-02
How To Stay Smart In A Smart World written by Gerd Gigerenzer and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-02 with Psychology categories.
How to stay in charge in a world populated by algorithms that beat us in chess, find us romantic partners, and tell us to “turn right in 500 yards.” Doomsday prophets of technology predict that robots will take over the world, leaving humans behind in the dust. Tech industry boosters think replacing people with software might make the world a better place—while tech industry critics warn darkly about surveillance capitalism. Despite their differing views of the future, they all seem to agree: machines will soon do everything better than humans. In How to Stay Smart in a Smart World, Gerd Gigerenzer shows why that’s not true, and tells us how we can stay in charge in a world populated by algorithms. Machines powered by artificial intelligence are good at some things (playing chess), but not others (life-and-death decisions, or anything involving uncertainty). Gigerenzer explains why algorithms often fail at finding us romantic partners (love is not chess), why self-driving cars fall prey to the Russian Tank Fallacy, and how judges and police rely increasingly on nontransparent “black box” algorithms to predict whether a criminal defendant will reoffend or show up in court. He invokes Black Mirror, considers the privacy paradox (people want privacy but give their data away), and explains that social media get us hooked by programming intermittent reinforcement in the form of the “like” button. We shouldn’t trust smart technology unconditionally, Gigerenzer tells us, but we shouldn’t fear it unthinkingly, either.
How To Stay Smart In A Smart World
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Author : Gerd Gigerenzer
language : en
Publisher: Penguin UK
Release Date : 2022-03-03
How To Stay Smart In A Smart World written by Gerd Gigerenzer and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-03 with Psychology categories.
'Enlightening, impassioned, powerful' The Times From dating apps and self-driving cars to facial recognition and the justice system, the increasing presence of AI has been widely championed - but there are limitations and risks too. In this book Gigerenzer shows how humans are often the greatest source of uncertainty and when people are involved, unwavering trust in complex algorithms can become a recipe for disaster. We need, now more than ever, to arm ourselves with knowledge that will help us make better decisions in a digital age. Filled with practical examples and cutting-edge research, How to Stay Smart in a Smart World examines the growing role of AI at all levels of daily life with refreshing clarity. This book is a life raft in a sea of information and an urgent invitation to actively shape the world in which we want to live. 'Masterful ... an essential read' Gary Klein, author of Sources of Power 'One of the world's most eminent psychologists' Spectator
Making Wise Decisions In A Smart World Responsible Leadership In An Era Of Artificial Intelligence Student Edition
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Author : Peter Verhezen
language : en
Publisher: World Scientific
Release Date : 2023-03-07
Making Wise Decisions In A Smart World Responsible Leadership In An Era Of Artificial Intelligence Student Edition written by Peter Verhezen and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-07 with Computers categories.
Good and smart decisions should be distinguished from wise decision-making — especially in the age of artificial intelligence (AI) where algorithms are increasingly used to automate business processes or to augment the accuracy and speed of decisions. This book argues why specific forms of intelligence as well as consciousness and enhanced conscience are crucial to make wise decisions — with consciousness to be clearly distinguished from intelligence. It also addresses why machine learning and smart computers (AI) are plausibly able to make 'smart' (and thus to a certain extent 'intelligent') decisions but definitely unable to help us to become wiser. In essence, optimizing a desired output in a business context will require a balanced approach with cognitive awareness and ethical reflection — synthesizing intuitive and algorithmic thinking — encompassing short-term profit and longer-term envisioning, and aiming to optimize created and captured value for shareholders while taking the concerns of those who have a real stake in the organization seriously. If business is about creating and sharing value in a future that is both 'digital' and 'relational', then innovative technologies like AI will play an increasingly important role. Consequently, mindful executives and their responsible boards therefore need to acknowledge the limitations of AI in business — especially when the uncertain future is estimated to be rather volatile or ambiguous than stable.
Developing The Intuitive Executive
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Author : Jay Liebowitz
language : en
Publisher: CRC Press
Release Date : 2023-10-19
Developing The Intuitive Executive written by Jay Liebowitz and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-19 with Business & Economics categories.
The leading traits of executives often include creativity and innovation. Research shows that intuition can significantly enhance these traits. Developing intuitive executives and honing intuition, coupled with the ability to apply data and evidence to inform decision making, is the focus of Developing the Intuitive Executive: Using Analytics and Intuition for Success. Some researchers call the complement of applying data analytics to intuition as quantitative intuition, rational intuition, or informed intuition. Certainly, in today's data-driven environment, analytics plays a key role in executive decision-making. However, an executive’s many years of experiential learning are not formally considered as part of the decision-making process. Learning from both failures and successes can help fine-tune intuitive awareness—what this book calls intuition-based decision-making. Research also shows that many executives do not trust the internal data quality in their organizations, and so they rely on their intuition rather than strictly on data. This book presents the work of leading researchers worldwide on intuition in the management and executive domain. Their chapters cover key issues, trends, concepts, techniques, and opportunities for applying intuition as part of the executive decision-making process. Highlights include: Using intuition to manage new opportunities Intuition in medicine Rules based on intuition Balancing logic and intuition in decision-making Smart heuristics to manage complexity Intuition and competitiveness Intuitive investment decision-making across cultures Showing how intuition in executive decision-making should play an important role, this book enables managers to complement their knowledge gained from experience with analytics to improve decision-making and business success.
Smart World Cities In The 21st Century
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Author : Agnes Mainka
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2018-08-06
Smart World Cities In The 21st Century written by Agnes Mainka and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-06 with Language Arts & Disciplines categories.
The term smart city has become a buzzword. City planners develop ubiquitous connectivity through Wi-Fi hotspots, establish science parks, introduce bike and car sharing, and push entrepreneurship. All this is happening under the flagship of becoming a knowledge city. This book investigates the digital and cognitive infrastructure of 31 cities and how they meet the demands of the knowledge society in an increasingly digitized environment.
Cognitive Operations
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Author : Konstantinos V. Katsikopoulos
language : en
Publisher: Springer Nature
Release Date : 2023-07-05
Cognitive Operations written by Konstantinos V. Katsikopoulos and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-05 with Business & Economics categories.
This book examines how people make decisions under risk and uncertainty in operational settings and opens the black box by specifying the cognitive processes that lead to human behavior. Drawing on economics, psychology and artificial intelligence, the book provides an innovative perspective on behavioral operations. It shows how to build optimization as well as heuristic models for describing human behavior and how to compare such models on various dimensions such as predictive power and transparency, as well as discussing interventions for improving human behavior. This book will be particularly valuable to academics and practitioners who seek to select a modeling approach that suits the operational decision at hand.
Nudging
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Author : Riccardo Viale
language : en
Publisher: MIT Press
Release Date : 2022-10-04
Nudging written by Riccardo Viale and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-04 with Business & Economics categories.
How “nudges” by government can empower citizens without manipulating their preferences or exploiting their biases. We’re all familiar with the idea of “nudging”—using behavioral mechanisms to encourage people to make certain choices—popularized by Richard Thaler and Cass Sunstein in their bestselling 2008 book Nudge. This approach, also known as “libertarian paternalism,” goes beyond typical programs that simply provide information and incentives; nudges can range from automatic enrollment in a pension plan to flu-shot scheduling. In Nudging, Riccardo Viale explores the evolution of nudging and proposes new approaches that would empower citizens without manipulating them paternalistically. He shows that we can use the tools of the behavioral sciences without abandoning the principle of conscious decision-making. Viale discusses the work of Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Amos Tversky that laid the foundation of behavioral economics, describes how policy makers have sought to help people avoid bad decisions, offers examples of effective nudging, and considers how to nudge the nudgers. How can we tell good nudges from bad nudges? Viale explains that good nudges help us avoid bias and encourage deliberate decision making; bad nudges, on the other hand, use bias to nudge people unconsciously into unintentional behaviors. Bad nudges attempt to compel decisions based on economic rationality. Good nudges encourage decisions based on a pragmatic, adaptive, ecological kind of rationality. Policy makers should take note.
Snapshots Of The Mind
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Author : Gary A. Klein
language : en
Publisher: MIT Press
Release Date : 2022-10-18
Snapshots Of The Mind written by Gary A. Klein and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-18 with Business & Economics categories.
How people make decisions, size up situations, spot anomalies, and anticipate problems in real-world settings. Gary Klein, author of the bestselling Sources of Power, is the cognitive psychologist who discovered how people actually make decisions, particularly under time pressure and uncertainty. In Snapshots of the Mind, he offers a set of short essays—“snapshots” of different aspects of cognitive functioning in real-world settings that will help us learn to recognize the cognitive processes that underlie and drive performance. In these essays Klein provides practical tools for escaping fixation on initial hunches and learning to detect the ways that people make decisions, size up situations, spot anomalies, and anticipate problems. Snapshots of the Mind grows out of the Naturalistic Decision Making movement, which studies how decision makers handle uncertainty and complexity in high-stakes situations. In the essays, Klein examines how people make tough choices and assessments in the real-world, discussing such topics as training, information technology, teamwork, expertise, and insights. Debunking the idea that artificial intelligence will soon take over human decision making, he argues instead for machines that make us smarter and expand our expertise. He describes his Recognition-Primed Decision (RPD) model, which has been incorporated into Army doctrine and was one of the inspirations for Malcolm Gladwell’s Blink. Snapshots of the Mind offers fresh takes on such topics as confirmation bias, anomaly detection, intuition, anticipatory thinking and perspective-taking. Readers come away attuned to the primary aspects of expert cognition: the mindsets, mental models, and perceptual sensitivity.
Marketing Automation And Decision Making
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Author : Simone Guercini
language : en
Publisher: Edward Elgar Publishing
Release Date : 2023-12-11
Marketing Automation And Decision Making written by Simone Guercini and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-11 with Business & Economics categories.
The ever-evolving marketing technologies now include the extensive use of advanced AI with important implications for the decision making processes of both marketers and consumers. This detailed and insightful book rigorously examines the role of heuristics and marketers’ decision making within the industry’s growing utilisation of AI.
Decisions Preferences And Heuristics
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Author : Pere Mir-Artigues
language : en
Publisher: Edward Elgar Publishing
Release Date : 2023-08-14
Decisions Preferences And Heuristics written by Pere Mir-Artigues and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-14 with Business & Economics categories.
This enlightening book comprehensively maps the current state of economic psychology and behavioural economics. Exploring key concepts, topics and models in the field, it is also a launching pad for future research and provides useful insights on how good personal and professional decisions can be made, advancing microeconomic discourse.