Saturday, April 13, 2024

Thinking About Thinking

 

                                               (image: youtube.com)

Balanse na pangisip…

“Thinking too much leads to paralysis by analysis. It’s important to think things through, but many use thinking as a means of avoiding action.” –Robert Herjavec

Enough has been said about thinking too little. But there are also those who think too much. There is even an adage mentioning that if you spend too much thinking on a certain thing, you will never get it done.

When stalling occurs, you are actually trying to explore possibilities, you are giving yourself a leeway to ponder on a decision that you have to make. But what if you are stalling all the time?

Daniel Kahneman’s 2011 bestselling book “Thinking Fast and Slow” describes two distinct thinking systems: Fast thinking (system 1): which is automatic, intuitive, error-prone and used for most common decisions. Slow thinking (system 2): which is effortful, reasoned, more reliable and used for complex decisions.

Fast thinking is a primal survival mechanism that uses heuristics, or cognitive shortcuts, to quickly respond to threats. It is fast but those shortcuts are ultimately unreliable. In contrast, slow thinking requires considerable attention and delivers a more accurate understanding.

Based on these findings, we can say that Thinking Slow might give us the best decisions. But saving our lives and acting quickly can also be meaningful hence we have to Think Fast.

Fast and slow thinking is one of the most significant mental models listed on modelthinkers.com because it underpins so much of our modern understanding of behavioral science, behavioral economics, psychology, marketing and humanity.

Metacognition is the process of thinking about thinking. It’s about examining how we take in and process information, and figuring out ways we can do that more efficiently.

On a practical level, practicing metacognition can help us understand better what will work for us and what won’t.

Ergo, we have to think fast sometimes and think slow most of the time.

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