An executive might have a very strong intuition that a given product has promise, without considering the probability that a rival is already ahead in developing the same product.
Daniel KahnemanBy their very nature, heuristic shortcuts will produce biases, and that is true for both humans and artificial intelligence, but the heuristics of AI are not necessarily the human ones.
Daniel KahnemanHuman beings cannot comprehend very large or very small numbers. It would be useful for us to acknowledge that fact.
Daniel Kahneman