A Quote by Noreena Hertz

We are deluged with information. We have to process now three times as much data as we would have done 50 years ago. We're bombarded with tweets, with emails - a state of continuous disruption - and that's bad for our decision making and bad for our thinking.
Decision-making is difficult because, by its nature, it involves uncertainty. If there was no uncertainty, decisions would be easy! The uncertainty exists because we don't know the future, we don't know if the decision we make will lead to the best possible outcome. Cognitive science has taught us that relying on our gut or intuition often leads to bad decisions, particularly in cases where statistical information is available. Our guts and our brains didn't evolve to deal with probabilistic thinking.
Employees speak of being fearful opening emails and feeling increasingly helpless in the face of the deluge. Physiologically, we now know that the state of continuous disruption puts us into a constant state of hormone-induced stress.
You know in politics you are dealing in the realm of choices. You don't always have clear-cut decision between a thoroughly principled position and a thoroughly unprincipled one. You're making snap decisions with paucity of information, generally trying to do the best that you can, but you will make errors, and sometimes it's a decision between a bad and a worse alternative. It has to be done, because we need to order our society, and of politics it can literally be said: Bad job, but someone's got to do it.
There is so much information that our ability to focus on any piece of it is interrupted by other information, so that we bathe in information but hardly absorb or analyse it. Data are interrupted by other data before we've thought about the first round, and contemplating three streams of data at once may be a way to think about none of them.
I know I've done bad things. But I've done just as much good as I have done bad. And it's not even necessarily bad. I would say they're growing pains.
Yet we didn't fix anything. Our roads are bad, our bridges are bad, our tunnels are bad, our schools are bad, our hospitals are bad.
All of human history is about the going from sudden fat years to the sudden lean years. We've always had good times and bad, and we've had ways of managing the bad times. We have ways of insulating ourselves, making ourselves less sensitive for the bad times by having things like grain stores, for example. Pretty much every civilization that's lasted for any reasonable length of time has some food management principles behind it. But what's been happening over the past thirty years is it's failed - the insurance policy.
We’re going to have good years again. Our bad years are not that bad. Take a school like Missouri. Our bad years are better than their good years. But we’ve created a standard.
At least here in Stockholm if you go out to any of our 4 metal clubs and talk to ten guys you can be sure nine of them play in a band! The bad thing is there is no underground movement here anymore. Going to a show with local band's ten years ago would mean at least 300 people, now you can be lucky if 50 shows up!
My theory is that humans aren't really bad; we all do bad things, but being bad is not our natural state. You're acting out of fear, lack of understanding, compassion, but essentially communication. Human beings are made of love, an overwhelming desire to love. When we communicate, we exist in our natural state.
Data isn't information. ... Information, unlike data, is useful. While there's a gulf between data and information, there's a wide ocean between information and knowledge. What turns the gears in our brains isn't information, but ideas, inventions, and inspiration. Knowledge-not information-implies understanding. And beyond knowledge lies what we should be seeking: wisdom.
Changing our decision sets up a bad habit. It reinforces decision-making as an expression of bewilderment and ignorance, instead of wisdom and freedom.
Watson augments human decision-making because it isn't governed by human boundaries. It draws together all this information and forms hypotheses, millions of them, and then tests them with all the data it can find. It learns over time what data is reliable, and that's part of its learning process.
I'm bad at a ton of things. I'm bad at sitting still. I'm bad at basketball. My worst habit is that while people are talking, I will already be thinking three other things. It's rude. Sometimes if the person is very in tune and they notice, they're like "Where are you right now?"
Years ago, it was easier to make new things than it is now. The weight of experience weighs heavily, and the expectations; everybody wants to see something they haven't seen before. Now, with social media, with too much information, with the speed of information - all that is making it harder and harder to realize the objective.
When I come offstage, if I've done a bad show or had a bad night, the fact that everybody was standing at the end or three or four times during the show means nothing to me. I know I could have done a better show.
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