Noise

by Daniel Kahneman

Leaders of organizations would use algorithms either to replace human judgment or to supplement it in far more areas than they do today. People would break down complex judgments into simpler mediating assessments. They would know about decision hygiene and follow its prescriptions. Independent judgments would be elicited and aggregated. Meetings would look very different; discussions would be more structured. An outside view would be more systematically integrated into the decision process. Overt disagreements would be both more frequent and more constructively resolved. The result would a be less noisy world. It would save a great deal of money, improve public safety and health, increase fairness, and prevent many avoidable errors. Our aim in writing this book has been to draw attention to this opportunity. We hope that you will be among those who seize it.