💯 Why do people think they are better than they are? 💯 The Dunning-Kruger Effect 💯 Cognitive Bias

The video explores the concept of knowns and unknowns, highlighting the Dunning-Kruger effect, where individuals overestimate their abilities due to a lack of self-awareness. It discusses the double curse of lacking skills to assess one's own competence and suggests strategies to mitigate this effect, such as engaging in complex evaluations. The video concludes with a call to action for viewers to engage and subscribe.

What are the 'known knowns' and 'known unknowns' as described by Donald Rumsfeld?

How does the Dunning-Kruger effect relate to people's self-assessment of their abilities?

What were the findings of Dunning's experiment with psychology students regarding their exam performance?

Why do people tend to have inflated views of their skills according to the text?

What strategies can be employed to mitigate the effects of the Dunning-Kruger effect?