Calibrating Confidence
If you’re here for the game, visit this. Calibration Everyone knows that being overconfident can often lead you to making reckless, unnecessarily aggressive decisions, and being underconfident leads to not taking enough opportunities. This duality shows up everywhere in real life - from aspects like investing/business, where real money is at stake, to more personal matters like career progression and navigating interpersonal relationships. If we were always right about things, we could blindly believe in ourselves, and overconfidence would not exist. If we were completely clueless (for some definition of completely clueless), we would be better off asking a stochastic parrot to take our decisions for us. ...