Wednesday, April 18, 2012

TED Leading Wisely: How to use Experts

iTunes U CourseTED Talks Leading Wisely
Lecture (iTunes)Noreena Hertz: How to use Experts
My Notes: 
Economist Noreena Hertz believe that as a society, we have become over-reliant on experts. Relying too much on experts can be limiting and potentially dangerous. We need to start further democratizing the decisions we make.

In support of this argument, Mrs. Hertz suggests that doctors often misdiagnose patients, surgeons make mistakes.

Her stance is definitely controversial, and In my opinion, her message can easily be misinterpreted. She is not saying that we need to immediately dispel anything that experts say, however she is saying that we need to start thinking more for ourselves. As evidence, listening to her speech, or anything on TED or any type of higher education, might be misconstrued as relying on an expert.

I believe that we should listen to what she has to say, take this as rational input to the decision making process, yet ultimately make our own decisions.

A good parallel read for this would be the book "How to Lie with Statistics" by Darrell Huff. This book was a recommended read on Josh Kaufman's "Personal MBA" site. Similar to Mrs. Hertz's argument, this book, published in the mid-1950's points out how easily we can be misguided with poorly researched statistics, biased sample groups, etc.

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