Thinking, Fast and Slow | Daniel Kahneman | Talks at Google

@Google Talks is proud to welcome hero of psychology, Daniel Kahneman.

Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology that challenged the rational model of judgment and decision making, is one of our most important thinkers. His ideas have had a profound and widely regarded impact on many fields—including economics, medicine, and politics—but until now, he has never brought together his many years of research and thinking in one book.

In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman exposes the extraordinary capabilities—and also the faults and biases—of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behavior. The impact of loss aversion and overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the challenges of properly framing risks at work and at home, the profound effect of cognitive biases on everything from playing the stock market to planning the next vacation—each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.

Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Thinking, Fast and Slow will transform the way you think about thinking.

[nbultman_art]

For everyone saying that this is boring and that he's not entertaining enough, keep in mind that you're not putting in effort to understand what he's saying. You're hoping that system 1, the sensational, intuitive side will kick in so you don't have to think; rather, you'd like to be entertained.

I've noticed this with animated videos, powerful public speakers, etc. They do all of the thinking for you, and you just absorb a barrage of information like a sponge. Whereas books, and simple videos like this force our rational and deliberate System 2 thinking to activate. Simple videos like this force us to do the learning ourselves.

[digitalkov]

Smart people are good at describing things that many of us know but can't describe.

[alexfloate]

"It's not a case of: 'Read this book and then you'll think differently. I've written this book, and I don't think differently."
- Daniel Kahneman

My favorite quote of his that encapsulates perfectly what he is saying.

[bibekdhkl]

For those who don't know what he is talking about; Go and have a copy of "Thinking Fast and slow" then you will understand everything about his talk.
For me it's basically like recalling the important topics of the book.

P.S. It took me around 6 months to complete in the book coz in the last page cover of the book there is written
"Buy it fast
Read it slowly
It will change the way you think"

[Abidzilla]

"Confidence is not a good diagnostic for when you can trust either yourself or somebody else". Well said Sir. Hats off to you!

[maboyd]

It is so refreshing to hear a public intellectual say, "I don't know." I can't imagine other Nobel Laureates in Economics (think Stiglitz, Krugman, Merton Miller) demonstrating such humility.

[QuangXuan-boxb]

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make

[andypotanin]

this book had a large influence over how i’ve thought about decisions since i read it almost 10 years ago. great to see the author! thanks, google

[quantummath]

This man changed my view of human mind forever in 2010. Big thanks for that!

[GianetanSekhon]

The best way to understand Daniel Kahenman is to listen to him on a long drive on The Ted Interview podcast. Chris Anderson has a smart way of extracting the best out of the best minds on this planet.

[lizgichora]

From 4 yrs ago; the Test for System 2 is quite evident Today, Self control as an important intelligent characteristic Test, predictions at 4yrs old how one will respond/ react and do 20 yrs down the road. Very fascinating study, thank you Daniel Kahneman.

[drlesliebethwish]

Excellent interview for such important information. I use Daniel Kahneman's discoveries in helping my clients and giving presentations and interviews. If you think intuition is not real or that your decisions are all wise, I strongly recommend that you listen to this interview.

[jansaariniemi]

Great lecturer and great audience questions. I might have to take my notebook out and watch this again!

[aseth]

"I don't know enough"

W

[MariposaRedimida]

I love the piece about system 1 answering an easier question than what was asked. I have noticed that a lot with people when I ask questions and so many people answer something related without actually addressing my questions. I usually get annoyed and ask again. I guess I should not take this personal and understand this is not deliberate but automatic.

Another thing I really liked was learning the relationship between chaotic environments and probability. So if people don't have enough order to be able to predict information, I don't need to trust their intuitions. I really don't like it when people are so confident in their knowing and I can tell they have no basis for it.

I really need to read the whole book.

[weirdbuckle]

System 0: (over)confidently repeat prepared answers no matter how relevant the question is...

Wonderful talk. I am buying the book.

[giganticbrittle]

Thank you for everything DK! The conclusion of "Noise" is especially thought provoking. RIP dear man 😢

[DharmendraRaiMindMap]

Amazing Man ! Terrific Book . Don t be daunted by the size . You could chew one chapter a month and still benefit a lot ! 

[Siscon]

I'm halfway reading (listening to, audible FTW) his book, and I gotta say it's been eye opening. Although not easy to digest and the constant bias that "no I'm different", I think it's good to have this in mind whenever one has to make an impactful decision, and first activate system 2 and second be aware of the biases and influences may cloud your thoughts. Definitely a must read for those that want to know more about decision making.

[paulasiefer]

Mazing Man! Great talk, a perfect well said, and an eye-opening one! Thanks, Google for bringing him here to us!