Its a book I wish I'd read 30 years ago. Its full of lovely - and well written- examples of how System 1 is actually in control of most decisions, and how, on occasion, it can lead people ( ie all of us!) to some strange (a.k.a. wrong) decisions. Also explains why the experts with the worst forecasting capability are always the one who appear as pundits on TV... He doesnt have a chapter on Morgans ( so its not a perfect book), but I think there's something in his theories which explains why we love 'em despite the evidence pointing the other way: Morgans are a System 1 choice. Ron
_____ From: A11OGE 4/4 4 seater [mailto:[email protected]] Sent: 08 August 2012 08:17 To: mogtalk2 Subject: Re: [mogtalk2] non-Mog exabytes of digital information had to Google the book. Kahneman describes the two different ways the brain forms thoughts: * System 1: Fast, automatic, frequent, emotional, stereotypic, subconscious * System 2: Slow, effortful, infrequent, logical, calculating, conscious On 7 August 2012 19:14, Ron Skelley <[email protected]> wrote: If you haven 't yet worked through 'Thinking, Fast and Slow' by Daniel Kahneman, this is as good a trigger as any. Ron _____ From: A11OGE 4/4 4 seater [mailto:[email protected]] Sent: 07 August 2012 12:43 To: mogtalk2 Subject: [mogtalk2] non-Mog exabytes of digital information It has been estimated that from the beginning of civilization around 5,000 years ago to the year 2003, all of humanity created a grand total of five exabytes of digital information. From 2003 through 2010 we created five exabytes of digital information every two days. By 2013 we will be producing five exabytes every ten minutes. The 2010 total of 912 exabytes is the equivalent of 18 times the amount of information contained in all the books ever written. It isn't knowledge that we need more of; it is how to think about what we know and what we don't know that is becoming ever more critical. FYI - An Exabte is 10 to the 18th power, or 1,000,000,000,000,000,000 bytes <http://www.techterms.com/definition/byte> . An exabyte is 1,024 petabytes <http://www.techterms.com/definition/petabyte> , and so on................. -- Steve A11OGE Red 4/4 4 seater View posts on The Mail Archive http://www.mail-archive.com/[email protected]/ Modify <https://www.listbox.com/member/?&;> Your Subscription <http://www.listbox.com> View posts on The Mail Archive http://www.mail-archive.com/[email protected]/ Modify <https://www.listbox.com/member/?&;> Your Subscription <http://www.listbox.com> -- Steve A11OGE Red 4/4 4 seater View posts on The Mail Archive http://www.mail-archive.com/[email protected]/ Modify <https://www.listbox.com/member/?&; c> Your Subscription <http://www.listbox.com> ------------------------------------------- View posts on The Mail Archive http://www.mail-archive.com/[email protected]/ [http://www.mail-archive.com/[email protected]/] Modify Your Subscription: https://www.listbox.com/member/?member_id=22459785&id_secret=22459785-4a39ddf8 Powered by Listbox: http://www.listbox.com
