Cognitive biases every kid should learn according to Elon Musk!
Elon musk in recent years has achieved nearly everything perceived as impossible when we mention innovation and engineering. It is such a skill that he traits to strong thinking. Whereas the rest of the world looks around and sees what individuals are trying or sometimes makes assumptions that they can change the status quo, Elon Musk is considered to be a strong believer as he calls “First principles thinking” or paying attention only to what are the basic constraints and truths of the fields he is involved in and structuring from there.
When we think about it something like this is easy to click in a mind like Elon Musk’s however, according to a complete slide of the psychological research, generally, most of us are struggling to be clear-headed individuals. As human beings, we are sometimes emotional and fear what others think about us or sometimes just destroy our mental health thanks to our brain’s ability to inherent biases and bugs. Is it possible for us to be like Musk-Like in the way we think if we learn more about coincidences that we often witnessed as kids?
Elon musk believes to think alike. He recently on his social media handle declared that cognitive biases “should be taught to all at a young age.” His post also included a graphic that laid down the 50 general biases, irrational tendencies in humans, and thinking errors that children must alarm the kids, the list is laid down.
Don’t you believe that we had all have been more equipped for life if we learned it all in our school?
Self-Serving Prejudice- attributing your success to the skills and effects and if it is all screwed up it’s the bad situation or the luck.
Fundamental attribution fault- the notion that when others are late, “they are lazy” but when it’s you, the blame is on traffic.
Favoritism in the group- we usually favor all those in our group compared to those who belong to some other group.
Bandwagon effect- the old trendy bandwagon effect that everyone likes to pick on
Groupthink- It's also exactly what it says on the tin. To avoid disagreement, we go along with the crowd. Many huge corporations have met their demise as a result of this.
The Halo Effect - assuming that a person has additional positive characteristics because you noticed one. if someone appears confident or attractive does not imply that they are also intelligent or kind.
Ethical Luck. Assuming that the winners are ethically superior.
Untrue Consensus- Contrary to popular belief, there is no such thing as a false consensus. Even when this isn't the case, you may believe that the majority of people agree with you.
Knowledge's Curse- Assuming that once you've learned something, everyone else already knows it.
Effect of a spotlight- Overestimating the extent to which others are thinking about you.
Availability Heuristic- Why are we more concerned about infrequent plane crashes than much deadlier traffic accidents? People make decisions based on how simple it is to recall an example
Defensive Attribution- Getting enraged at someone who commits a crime to which we believe we may have been a victim.
The Hypothesis of a Just World- The belief that the world is fair and that any perceived injustice is well-deserved.
Naive Realism- We believe we have a greater grip on reality than the rest of the world.
Cynicism with ignorance- Thinking that everyone else is only interested in themselves.
The Effect of Forer (aka Barnum Effect)- Astrology's attraction is based on a bias. Even when ambiguous statements apply to almost everyone, we interpret them as if they pertain especially to us.
The Kruger Effect, sometimes known as the Dunning Kruger Effect- Because you're too incompetent to realize how bad you are, this theory argues that the less skilled you are, the more confident you'll be. The converse is also true: persons with superior abilities are frequently plagued by doubt.
Anchoring. The parameters or framing of dialogue are influenced by how the first item of information we hear is delivered.
Bias in automation- Rather than relying on automatic systems such as GPS or autocorrect, make your own decisions.
Google's Influence- (aka Digital Amnesia). If you can just Google it, you're more likely to forget it.
Reactance- When you're bullied or cornered, you should do the opposite of what you're instructed. This is a timely topic.
Confirmation Bias- We are more likely to seek out and be persuaded by information that confirms our pre-existing opinions. In politics, this is a huge one.
backfire effect- Repeatedly repeating a false notion to dispel it can sometimes lead to others believing it even more.
The Third-Person Effect-The assumption that others are more impacted than you are by a common occurrence.
Belief Bias -We evaluate an argument based on how probable we believe its conclusion is, rather than on its own merits.
Availability Cascade. We are more likely to believe something if a large number of individuals believe it.
Diclinism- We tend to romanticize the past and believe we live in a declining era.
Bias against the status quo- People prefer things to stay the same even when change is advantageous.
The Fallacy of the Sunk Cost ("AKA Escalation of Commitment")- To avoid suffering a loss, you throw good money (or effort) after bad.
The Gambler's Fallacy- Past occurrences have an impact on future probability. The hot hand in sports.
Zero-Risk Bias -We would rather reduce tiny hazards to zero than lower them by a larger amount that does not get them to zero.
Effect of Framing- Depending on how the data is presented, different conclusions can be drawn-
Stereotyping- It’s exactly what it sounds like: having broad assumptions about large groups of people (and applying them to individuals whether you know them or not).
Homogeneity Bias in Outgroups- Seeing the diversity within the groups to which you belong while assuming that people in other groups are all the same.
Bias based on authority. Putting too much faith in people in positions of authority.
The Placebo Effect- is a psychological phenomenon that occurs when a person believes According to Musk's illustration, this isn't precisely a cognitive bias, but it's still useful to know. Whether or not something works, you're likely to see a modest beneficial influence if you believe it will.
Survivorship Bias - When we focus on the winners and overlook the countless, unseen losers. Big in the startup world.
Tachypsychia- How weariness, drugs, and trauma alter our perception of time.
The Trivial Law "(AKA Bike-Shedding)" - Putting an inordinate amount of emphasis on minor concerns while ignoring more significant ones.
The Zeigarnik Effect- is a phenomenon that occurs when Unfinished tasks nag at us until we accomplish them.
Ikea Effect-When we usually tend to overvalue things that we helped create.
Ben Franklin's Influence- We tend to think more highly of somebody after doing them a favor.
The Effect of a Bystander- Again, this isn't precisely a cognitive bias, but it's significant. When people are in a crowd, they are less inclined to take responsibility for their actions.
Suggestibility. This is particularly common among children, and it occurs when we mistake someone else's idea or query for our own.
A false memory- Mistaking a recollection for something you imagined.
Cryptomnesia- The polar opposite of the preceding. A true recollection is something you conjured up in your head.
The illusion of Clustering- The proclivity to "see" patterns in seemingly random data.
Bias Against Pessimism- The glass is always half-empty in one's observation.
Optimism Bias- is a psychological phenomenon that occurs when people are overly optimistic. Always seeing things from a half-full perspective.
Blind Spot Bias- a bias that leads us to believe that we don't have as many biases as others. Yes, you do.