In a world of increasing technological turmoil, the human ability to frame and then make decisions offers unprecedented opportunity. Professor Francis de Véricourt, director of the Center for Decisions, Models and Data at ESMT and holder of the President’s Chair, presented his recent findings on decision-making as published in his co-authored book Framers: Human Advantage in an Age of Technology and Turmoil.
We’re always told that humans make bad decisions and that more data is better. But this is backwards: People are actually good at decisions because we use mental models and can envision new realities outside of data. Great outcomes don’t depend so much on the final moment of choosing but on generating better alternatives to choose from. That’s framing. It’s a cognitive muscle we can strengthen to improve our lives, work, and future and to handle economic upheaval, social tensions, and existential threats. Based on current research in AI, decision science, and cognitive psychology, the book Framers shows how.
Francis’ presentation was followed by a discussion with the audience to delve into current themes and trends around decision-making and framing. Moderator: Dr. Thomas Ramge, journalist and book author.
This event was part of Berlin Science 2021 and organised by the ESMT Berlin.