A timely reminder that most decisions are based on bias, anecdotes and need to be based on data.
See "Factfulness and why chimpanzees make better decisions than humans". Follow up with "Analytics & the art & science of decision making".
It is frightening how much strategy and plans are based on perception rather than data. Also how many forecasts and predictions are made by pundits that lack any disciple or skills in forecasting.
leaders and influencers, including politicians, journalists, intellectuals, and academics, surrender to the cognitive bias of assessing the world through anecdotes and images rather than data and facts. Our president assumed office with a dystopian vision of American “carnage” in an era in which violent crime rates were close to historical lows. His Republican predecessor created a massive new federal department and launched two destructive wars to protect Americans against a hazard, terrorism, that most years kills fewer people than bee stings and lightning strikes. In the year after the 9/11 attacks, 1,500 Americans who were scared away from flying perished in car crashes, unaware that a Boston-LA air trip has the same risk as driving 12 miles. “How do we change this
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