Why People Are So Confident When They're Wrong

By Veritasium

Community Score: 50% | 5.5M views | 5mo

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The problem with overconfidence. To help correct your overconfidence we have a tabletop game launching. Pledge your support now on kickstarter! - https://ve42.co/ocdsc If you’re looking for a molecular modelling kit, try Snatoms, a kit I invented where the atoms snap together magnetically - https://ve42.co/SnatomsV Sign up to the Veritasium newsletter for weekly science updates - https://ve42.co/Newsletter ▀▀▀ CHAPTERS: 0:00 The Most Dangerous Cognitive Bias 3:01 How confident are you that you are right? 7:40 Why are people overconfident? 8:53 The Real Dunning-Kruger Effect Graph 10:22 How Your Brain Takes Shortcuts 14:02 How overconfidence is good for you 15:55 Nick Leeson Rogue Trader 17:17 The Importance of Feedback 18:45 How One of England's Oldest Banks Collapsed 20:41 How To Correct Overconfidence ▀▀▀ A big thanks to Professor Moore and Professor Fischhoff Thank you to everyone who played the game with us @hankschannel, @fryrsquared, @NileRed , @astrumspace, @MinutePhysi

Tags: veritasium, science, physics, Veritasium, psychology, misconception, stupid, smart, intelligence, knowledge, board game, dunning kruger, dunning kruger effect, overconfidence, collective stupidity, dunning kruger graph, dunning kruger curve, curve, graph, overconfidence effect

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