What are some real-life examples of heuristics?
An example of an AI chatbot conversation about real-life applications of heuristics.
What are some real-life examples of heuristics?
Heuristics are mental shortcuts that help us make decisions quickly. For example, the 'rule of thumb' is a common heuristic.
Can you give me more specific examples?
Sure! One example is the availability heuristic, where people judge the likelihood of events based on how easily they can recall examples.
What about in everyday life?
In everyday life, people often use the representativeness heuristic, like assuming someone is a librarian because they fit that stereotype.
Are there any heuristics used in business?
Yes, in business, the anchoring heuristic is common, where initial information heavily influences decision-making.
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