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Pants on fire

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Manage episode 424366545 series 3466363
Content provided by Paul Richards & Joe Wiggins, Paul Richards, and Joe Wiggins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Richards & Joe Wiggins, Paul Richards, and Joe Wiggins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Lying โ€“ itโ€™s something that all humans do. Most of the lies we tell are small and harmless. But deceptive behaviour in the investment industry lowers trust and increases costs and complexity.

We are deceptive for many reasons and one of them is that we can get away with it. This is because, despite what we might believe, most of us are pretty terrible at spotting lying โ€“ including highly experienced financial analysts.

But what would happen if we all had access to AI-powered technology on our phones that could spot deception with a high degree of accuracy? Would that change how the industry behaves?

This is no idle speculation โ€“ in this episode of Decision Nerds, we explore research that suggests that AI is significantly better at spotting lying than humans. And as we all know, AI has a habit of surprising us by appearing in the wild far faster than we might expect.

How would this technology impact the investment industry? We discuss:

๐™๐™๐™š ๐™ข๐™ค๐™ฉ๐™ž๐™ซ๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™›๐™ค๐™ง ๐™™๐™š๐™˜๐™š๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™ž๐™ฃ๐™™๐™ช๐™จ๐™ฉ๐™ง๐™ฎ โ€“ the entirely logical reasons that we donโ€™t always tell the truth

๐˜ฟ๐™ž๐™›๐™›๐™š๐™ง๐™š๐™ฃ๐™ฉ ๐™ ๐™ž๐™ฃ๐™™๐™จ ๐™ค๐™› ๐™™๐™š๐™˜๐™š๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ ๐™–๐™ฃ๐™™ ๐™ฉ๐™๐™š๐™ž๐™ง ๐™ง๐™š๐™ก๐™–๐™ฉ๐™ž๐™ซ๐™š ๐™ž๐™ข๐™ฅ๐™–๐™˜๐™ฉ๐™จ โ€“ what are the traps that managers fall into and why

๐™…๐™ช๐™จ๐™ฉ ๐™๐™ค๐™ฌ ๐™ข๐™ช๐™˜๐™ ๐™—๐™š๐™ฉ๐™ฉ๐™š๐™ง ๐™ž๐™จ ๐˜ผ๐™„? โ€“ the results might surprise you

๐™’๐™ค๐™ช๐™ก๐™™ ๐™– ๐™ฉ๐™ง๐™ช๐™ฉ๐™ ๐™ข๐™–๐™˜๐™๐™ž๐™ฃ๐™š ๐™™๐™š๐™จ๐™ฉ๐™ง๐™ค๐™ฎ ๐™ฉ๐™๐™š ๐™ž๐™ฃ๐™™๐™ช๐™จ๐™ฉ๐™ง๐™ฎ ๐™ค๐™ง ๐™ข๐™–๐™ ๐™š ๐™ž๐™ฉ ๐™—๐™š๐™ฉ๐™ฉ๐™š๐™ง? โ€“ our take on โ€˜creative destructionโ€™

๐™๐™๐™š๐™ง๐™šโ€™๐™จ ๐™ฃ๐™ค ๐™ฉ๐™ง๐™ช๐™ฉ๐™ ๐™ข๐™–๐™˜๐™๐™ž๐™ฃ๐™š ๐™ฎ๐™š๐™ฉ - we discuss a few better questions that we can use today.
Affectiva facial recognition demo
Paper on analysts' ability to spot CEO deception
Paper on AI's ability to spot CEO deception
Lying on CVs

  continue reading

12 episodes

Artwork

Pants on fire

Decision Nerds

published

iconShare
 
Manage episode 424366545 series 3466363
Content provided by Paul Richards & Joe Wiggins, Paul Richards, and Joe Wiggins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Richards & Joe Wiggins, Paul Richards, and Joe Wiggins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Lying โ€“ itโ€™s something that all humans do. Most of the lies we tell are small and harmless. But deceptive behaviour in the investment industry lowers trust and increases costs and complexity.

We are deceptive for many reasons and one of them is that we can get away with it. This is because, despite what we might believe, most of us are pretty terrible at spotting lying โ€“ including highly experienced financial analysts.

But what would happen if we all had access to AI-powered technology on our phones that could spot deception with a high degree of accuracy? Would that change how the industry behaves?

This is no idle speculation โ€“ in this episode of Decision Nerds, we explore research that suggests that AI is significantly better at spotting lying than humans. And as we all know, AI has a habit of surprising us by appearing in the wild far faster than we might expect.

How would this technology impact the investment industry? We discuss:

๐™๐™๐™š ๐™ข๐™ค๐™ฉ๐™ž๐™ซ๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™›๐™ค๐™ง ๐™™๐™š๐™˜๐™š๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™ž๐™ฃ๐™™๐™ช๐™จ๐™ฉ๐™ง๐™ฎ โ€“ the entirely logical reasons that we donโ€™t always tell the truth

๐˜ฟ๐™ž๐™›๐™›๐™š๐™ง๐™š๐™ฃ๐™ฉ ๐™ ๐™ž๐™ฃ๐™™๐™จ ๐™ค๐™› ๐™™๐™š๐™˜๐™š๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ ๐™–๐™ฃ๐™™ ๐™ฉ๐™๐™š๐™ž๐™ง ๐™ง๐™š๐™ก๐™–๐™ฉ๐™ž๐™ซ๐™š ๐™ž๐™ข๐™ฅ๐™–๐™˜๐™ฉ๐™จ โ€“ what are the traps that managers fall into and why

๐™…๐™ช๐™จ๐™ฉ ๐™๐™ค๐™ฌ ๐™ข๐™ช๐™˜๐™ ๐™—๐™š๐™ฉ๐™ฉ๐™š๐™ง ๐™ž๐™จ ๐˜ผ๐™„? โ€“ the results might surprise you

๐™’๐™ค๐™ช๐™ก๐™™ ๐™– ๐™ฉ๐™ง๐™ช๐™ฉ๐™ ๐™ข๐™–๐™˜๐™๐™ž๐™ฃ๐™š ๐™™๐™š๐™จ๐™ฉ๐™ง๐™ค๐™ฎ ๐™ฉ๐™๐™š ๐™ž๐™ฃ๐™™๐™ช๐™จ๐™ฉ๐™ง๐™ฎ ๐™ค๐™ง ๐™ข๐™–๐™ ๐™š ๐™ž๐™ฉ ๐™—๐™š๐™ฉ๐™ฉ๐™š๐™ง? โ€“ our take on โ€˜creative destructionโ€™

๐™๐™๐™š๐™ง๐™šโ€™๐™จ ๐™ฃ๐™ค ๐™ฉ๐™ง๐™ช๐™ฉ๐™ ๐™ข๐™–๐™˜๐™๐™ž๐™ฃ๐™š ๐™ฎ๐™š๐™ฉ - we discuss a few better questions that we can use today.
Affectiva facial recognition demo
Paper on analysts' ability to spot CEO deception
Paper on AI's ability to spot CEO deception
Lying on CVs

  continue reading

12 episodes

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