The OoruLabs Podcast

How thinking slow helps you make better decisions | S3E2


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On, OoruLabs, India's premier urban issues podcast, Sathya Sankaran, host of the podcast, explores the concepts of fast and slow thinking as introduced by psychologist Daniel Kahneman. He discusses how most of our daily decisions are made through fast thinking, which is often based on biases and habits. The importance of slow thinking is emphasized, particularly in making informed decisions and overcoming cognitive biases. The episode provides insights into how to transition from fast to slow thinking and the significance of gathering information to enhance decision-making processes.

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Keywords

fast thinking, slow thinking, decision making, cognitive biases, Daniel Kahneman, habits, information gathering, critical thinking, OoruLabs, psychology

Takeaways

90% of our daily actions are done without conscious thought.

Fast thinking relies on pre-existing information and habits.

Slow thinking requires conscious effort and information gathering.

Cognitive biases can hinder our ability to think slowly.

Trust and habits need regular updates to remain effective.

Gathering data is essential for making informed decisions.

Transitioning to slow thinking can improve decision quality.

Understanding biases helps in recognizing fast thinking patterns.

Slow thinking is crucial for critical thinking and new experiences.

Awareness of thinking modes can lead to better choices.

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Sound Bites

"90% of the time we do things without thinking."

"Slow thinking helps you make better decisions."

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Chapters

00:00 Understanding Fast and Slow Thinking

03:06 The Importance of Slow Thinking

05:57 Gathering Information for Better Decisions

08:24 Cognitive Biases and Decision Making

10:19 Applying Fast and Slow Thinking in Daily Life

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Stock video and picture credits to various contributors. All rights belong to respective owners. Show notes generated by Riverside AI.

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The OoruLabs PodcastBy Sathya Sankaran