yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

What Does a 30% Chance of Rain Mean? (Understanding Risk, with Gerd Gigerenzer) | Big Think


2m read
·Nov 4, 2024

Processing might take a few minutes. Refresh later.

In the good old times, people learned how to read and to write. That's no longer sufficient in the high-tech twenty-first century. We also need to know how to deal with risk and uncertainty. And that is what I mean with risk savvy.

Here is a simple example. You hear on the weather report that there is a 30 percent chance of rain tomorrow. Thirty percent chance of what? Now I live in Berlin, and most Berliners believe that it means that it will rain in 30 percent of the time, that is, seven to eight hours. Others think it will rain in 30 percent of the region. Most New Yorkers believe that's all nonsense. It means it will rain on 30 percent of the days for which this prediction has been made; that is, most likely not at all.

Many psychologists think that people can't learn how to deal with risk, but in this case, it's the experts, the meteorologists, who have not learned how to communicate risk in an instinctive way; that is to say, to what class 30 percent refers. Time or region or days? And if you have some imagination, you can think about other classes. For instance, one woman in New York said, "I know what 30 percent means. Three meteorologists think it rains and seven not."

Now getting soaked is a minor risk. But are we risk savvy when it comes to more important things? For instance, 20-year-olds drive with their cell phone glued to their ears, not realizing that they decrease their reaction time to that of a 70-year-old. Or many Americans, about 20 percent, believe that they are in the top one percent income group. And as many believe they will soon be there.

Or take health. So about an estimated one million children get every year unnecessary computer tomography (CT) scans. And that's really because they're not really clinically indicated. Which is not just a waste of time but also a danger to the kids because a CT scan can have the radiation of a hundred chest X-rays and may lead, in a small number of these kids, later to cancer.

We deal every day with risks, but we haven't learned how to understand them. And the problem is not simply in the human mind, but also in experts who really don't know what the risks are or don't know how to communicate. Or in other areas, like if it's about finance or health, have interests other than yours.

So the key message is this: Everyone can learn to deal with risk. In that case, everyone can learn to ask the question, "Probability of what?" And second, if you believe that you're safe by delegating the responsibility of your wellness and health to experts, then you may be disappointed because many experts do not know how to communicate probabilities or try to protect themselves against you, as in health care, as a potential plaintiff.

So you have to think for yourself. And that's the key message...

More Articles

View All
What kind of levers does the Speaker have? | US Government and Civics | Khan Academy
What kind of levers does the Speaker have in relation to the other House representatives? The Speaker has all kinds of levers, both formal and informal. In fact, a lot of them are informal. The Speaker can name a lot of people to the committees, particul…
The Stock Market Is About To Flip
What’s down you guys? It’s Graham here. So, as we start off the new year of 2021, we have to talk about something that’s been brought up a lot lately, especially now that the stock market is near its all-time high, and that has to do with our stock marke…
Hunting Porcupine | Life Below Zero
Look, the porcupine tracker went right up here. It’s not too far ahead. This is a fresh track. Hey, look! There he is, right there, right in that tree. Porcupines, when they’re getting chased, they like to take to the trees. I can’t shoot him with this r…
Factoring using polynomial division | Algebra 2 | Khan Academy
We are told the polynomial p of x is equal to 4x to the third plus 19x squared plus 19x minus 6 has a known factor of x plus 2. Rewrite p of x as a product of linear factors. So pause this video and see if you can have a go at that. All right, now let’s …
63% of Millennials Regret Buying a Home
What’s up, you guys? It’s Graham here. So, we got to talk about this one. A new survey was just released that found that 63% of millennial homeowners regret buying their home. Now, typically when I read articles like this, they tend to exaggerate the trut…
Why American history lives between the cracks | Elizabeth Alexander | Big Think
America is a diasporic country. America is a country, you know, we start with native people in this land and then people were brought here sometimes involuntarily, sometimes voluntarily but in diaspora from other parts of the globe. So, of course, there’s…