Technology, Incentives and Cognitive Bias

Dee Smith of Strategic Insight Group sits down with Raoul Pal to discuss the confluence of behavioral economics and technology. The principles of behavioral economics combined with machine learning and algorithms can lead to amazing results, but what happens when human bias bleeds into the very algorithms we believe protect us from it? This video is excerpted from a piece published on Real Vision on September 7, 2018 entitled “Modern Manipulation: Behavioral Economics in a Technological World.”