Cognitive Biases Shape Our World – – Mindvalley

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Are your brain’s shortcuts negatively affecting the quality of your decisions? In this video, Peter discusses why we have cognitive biases and outlines the most common biases. For more videos like this visit:

About The Author

Peter H. Diamandis Peter H. Diamandis is the co-author of the best-selling book "Abundance: The Future is Better Than You Think" and a speaker, engineer, physician and entrepreneur best known for being the founder and chairman of the X PRIZE Foundation and the co-founder and chairman of Singularity University.

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Comment (13)

  1. Peter, There is a more straight forward explanation of Cognitive Biases. It is that people receive intermittent reinforcement for behaviors form persistent way of thinking or behaving. Entrepreneurs are particularly susceptible to these "biases" as they receive many reinforcers for their actions that result in a successful product or service.

  2. Thank you because it helps me to continue questioning myself and my value system in order to realize what my cognitive biases are. I invite you to discover what Jacque Fresco founder of The Venus Project had to say about his proposal, a Global Resource Based Economy and see if your cognitive biases wether let you understand it or accept it. And you know, "The day before something is a breakthrough, it'a crazy idea" 😉

  3. The Confirmation Bias is not the same as the Herd Instinct. Those who align with the Herd Instinct don't actually "think" or certainly don't think for themselves, whereas with Confirmation Bias, there is thinking involved, as long as the thinking affirms oneself and one's biases, even if those biases are based on assumption and sociological conditioning rather than cognitive thought and reasoning.