Learn how outcome bias affects decision-making by focusing on results over process. Discover examples in investing, gambling, and business to improve financial decisions.

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Dr. JeFreda R. Brown is a financial consultant, ...

Affinity Bias: We all have a natural tendency to gravitate toward people similar to us in terms of race, ethnicity, gender, age and lifestyle. This unconscious bias can lead us to hire people who look ...

Conducting a survey or a poll seems straightforward enough at first pass. Say, for example, you want to know the percentage of people in a population who like peanut butter and jelly sandwiches. You ...

Analyzing several major pathology AI models designed to diagnose cancer, the researchers found unequal performance in ...

Working on self-awareness can help you realistically assess your strengths and weaknesses. Try to avoid blaming outside factors for negative outcomes. You can accept feedback and be open to ...

If you’ve been online much recently, chances are you’ve seen some of the fantastical imagery created by text-to-image generators such as Midjourney and DALL-E 2. This includes everything from the ...

An example of terrible research paradigm that still exists for some reason is cognitive behavioral therapy. Specifically the problem is claiming improvement via survey questions. If a participant does ...

Consider what AI samples before assuming the summary it provides is without bias. Media is biased, including the frequency with which certain views points are presented. AI samples this. AI does not ...