When Prediction Is Not Enough (with Teppo Felin)
EconTalk EconTalk
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 Published On Apr 15, 2024

If the Wright Brothers could have used AI to guide their decision
making, it’s almost certain they would never have gotten off the ground.
That’s because, points out Teppo Felin of Utah State University and
Oxford, all the evidence said human flight was impossible. So how and why
did the Wrights persevere? Felin explains that the human ability to
ignore existing data and evidence is not only our Achilles heel, but
also one of our superpowers. Topics include the problems inherent in
modeling our brains after computers, and the value of not only
data-driven prediction, but also belief-driven experimentation.
Links, transcript, and more information: https://www.econtalk.org/when-predict...
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