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Risks and Uncertainty: Understanding Data and Making Rational Decisions feat. Gerd Gigerenzer
Machine learning and big data are becoming increasingly important, and some say they can make predictions more accurate than ever before. But as risk expert Gerd Gigerenzer explained in his book Risk Savvy, the surprising truth is that we often get better results by using simple rules and considering less information in the real world.In this episode, Gerd reveals concepts behind Risk Savvy and how misunderstanding statistics leaves us misinformed and vulnerable to exploitation. He explains how to make better decisions for our health, finances, and family, without the aid of an expert or…
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