Gerd Gigerenzer - Less Is More: Decision Making Under Uncertainty | Nudgestock 2019

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Gerd Gigerenzer's talk 'Less is more: Decision making under uncertainty' from Nudgestock 2019.
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Пікірлер: 2

  • @jd2082
    @jd2082 Жыл бұрын

    Main takeaway - instinct/heuristics are what we use for big decisions we just don't like to admit it

  • @thomasrichardson5425
    @thomasrichardson54253 жыл бұрын

    He's clearly a genius, but not great at explaining himself. Almost the entire talk can be boiled down to: Often simpler models with fewer factors can be better at predicting the future, because very complex models overfit the data. When the world is stable, complex machine learning models are great. Problem is, mostly the world is not stable. This means that many factors which your model tells you are important are not useful for predicting the future. He shows how sometimes a single factor can give surprisingly good predictions

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