Understanding Cognitive Biases

Cognitive biases are errors in decision-making that stem from the brain's flawed processing systems. The distinction between the fast, automatic "autopilot" and the slower, manual "pilot" reveals how our brains handle vast amounts of information. With the autopilot processing around 11 million bits of data per second compared to the pilot's mere 40 bits, it's clear why we often rely on subconscious mechanisms to navigate choices.